Loomis UK Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:7,709 tonnes CO2e
Scope 1 Emissions:6,654 tCO2e
Scope 2 Emissions:605 tCO2e
Scope 3 Emissions:450 tCO2e
Total Energy Consumption:30,694,400 kWh
Carbon Intensity:107.1 tonnes of CO2e per £m of revenue
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced tCO₂ emissions by 37 percent since 2019
- Replaced older, heavier fleet vehicles with lighter, more fuel-efficient vehicles
- Rolled out four hybrid vehicles in the fleet by Q1 2022
- Procured plastic security bags made with a high percentage of recycled materials
Social Achievements
- Employees worked at a food bank, participated in charity bake sales and a charity fun day, raising £4,081.50 for Macmillan Cancer Support (matched by the company)
- Actively engages with employee unions
Governance Achievements
- Adherence to proper standalone governance practices and conduct rules
- Zero-tolerance policy for unethical behavior with follow-up investigations and appropriate actions
Climate Goals & Targets
Short-term Goals:
- Reduce carbon emissions by 15% in Scope 1 and 2 by the end of 2024 (using 2019 as the base year)
Environmental Challenges
- Reduced cash usage in the UK due to online retail and contactless payments
- Employee shortages due to stringent vetting processes
- Increased inflationary pressures (employee, fuel, utility costs)
- Increased costs of funding due to rising interest rates
- Extended lead times for vehicle parts due to Brexit
- Route efficiency challenges due to lower route density
Mitigation Strategies
- Cost mitigation initiatives implemented in 2020
- Heavy investment in recruitment activities
- Fuel surcharge matrix in customer contracts
- Negotiated a fixed-term energy contract
- Absorbed some staff cost increases in the short term
- Increased focus on limiting the impact of Brexit on vehicle repairs
- Use of telematics for route planning
Supply Chain Management
Responsible Procurement
- Embraced payment practices and performance reporting requirements (effective April 2017)
- Clear dispute resolution process
- Timely supplier payment practices
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UK Government Environmental Reporting Guidelines, Greenhouse Gas Protocol Corporate Accounting and Reporting Standard