Avon Protection plc
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:6,986 tCO2e (location based)
Scope 1 Emissions:2,360 tCO2e
Scope 2 Emissions:4,627 tCO2e (location based)
Scope 3 Emissions:2,975 tCO2e (estimated)
Total Energy Consumption:27,058 MWh
Water Consumption:15,046 m3 (from two sites)
Waste Generated:567 tons (from two sites)
Carbon Intensity:28.7 tCO2e per $m of revenue
ESG Focus Areas
- Climate Change
- Supply Chain
- Customers
- Colleagues and Communities
Environmental Achievements
- Wound down the Armour business, reducing the Group’s continuing carbon footprint.
- Established net zero teams at each site to identify and implement opportunities to reduce energy use and GHG emissions.
- Cadillac facility certified to ISO 14001.
Social Achievements
- Launched a mentoring programme accessible to all employees.
- Contributed $124,706 to charities and good causes.
- Continued to create an environment where all females in the business can thrive.
Governance Achievements
- Launched annual Code of Conduct training.
- Launched mandatory cybersecurity training campaign.
- Successfully exited the Armour business.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2045
Medium-term Goals:
- Achieve mid-teens operating margins
- Improve ROIC
- Strong cash conversion
Short-term Goals:
- 5% reduction per annum scope 1 and 2 GHG emissions as a percentage of revenue (2021 base year)
- 5% reduction per annum scrap (percentage of scrap)
- 5% increase in revenue per square foot annually
Environmental Challenges
- Lower than expected demand for respiratory products.
- Increased receivables following high levels of sales in the final quarter.
- Increased defective parts per million as production ramps up.
Mitigation Strategies
- Took decisive action to right-size the capacity of the Respiratory Protection business.
- Implemented initiatives to improve productivity and scrap rates.
- Improved partnership with suppliers to reduce defective parts per million.
Supply Chain Management
Responsible Procurement
- Supplier code of conduct
- JOSCAR accreditation
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Water stress
- Earthquakes
Transition Risks
- Carbon pricing and taxation
- Regulation and policy burden
- Shift to low carbon technologies
- Changing customer requirements
Opportunities
- Increased demand for protective equipment
- Resource efficiency
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO 14001 (three sites), ISO 9001:2015 (five sites)
Third-party Assurance: KPMG LLP
UN Sustainable Development Goals
- Goal 3 (Good Health and Well-being)
- Goal 8 (Decent Work and Economic Growth)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Initiatives contribute to these goals through various programs and targets.
Sustainable Products & Innovation
- MiTR mask and goggle system
- EPIC ballistic helmets