Siderise Group Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:334.9 tCO2e (Scope 1 & 2)
Scope 1 Emissions:144.90 tCO2e
Scope 2 Emissions:190.90 tCO2e
Renewable Energy Share:100% (electricity at Maesteg)
Total Energy Consumption:1,570,110 kWh
Water Consumption:2,630.86 m³
Waste Generated:862.42 tons
Carbon Intensity:0.000048 tCO2e/kg (SIL, 2023)
ESG Focus Areas
- Product quality and safety
- Climate change
- Circular economy
- Customer satisfaction
- Health and safety
- R&D and innovation
- Talent management
- Employee engagement
- Human rights
- Business ethics
- Responsible supply chain
- Products with environmental and social benefits
- Diversity and inclusion
- Responsible raw materials
- Risk management
- Digitalisation
- Stakeholder interaction
- Corporate governance
- Social responsibility
- Biodiversity
- Water stewardship
Environmental Achievements
- Published first Environmental Product Declaration (EPD) for RH Rainscreen 'Open State' Horizontal Cavity Barriers
- Initiated Life Cycle Assessments (LCAs) for products
- Transitioned to 100% renewable electricity at Maesteg site
- 44% of company vehicles were electric, 32% hybrid in 2023
- Implemented electric charging stations at Maesteg site
- Sending stone wool waste back to supplier for recycling
- Lean Six Sigma project initiated to optimize sheet sizes, aiming to decrease stone wool waste by 70%
Social Achievements
- 87% of employees would recommend Siderise as a great place to work (2022 survey)
- Conducted Values workshops for all employees
- Conducted DEI survey
- Implemented new healthcare insurance scheme (Westfield Health) in UK
- Employee Assistance Program (Health Assured) implemented
- Eight mental health first aiders in 2023
- Inaugural community engagement day focused on peatland restoration
Governance Achievements
- Achieved ISO 45001 OHS certification (SSPL)
- Achieved ISO 14001 Environmental Management System certification (SIL since 2018, SSPL since 2019)
- Published first sustainability report
- Implemented robust anti-bribery and whistleblowing policies
- Completed anti-corruption training for 100% of Management Board and 23% of employees
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Net Zero GHG scope 1 and 2 emissions by 2030
- 20% onsite and 80% offsite renewable energy by 2030
- 70% electric vehicle (EV) company cars by 2025, 100% by 2030
- 15% reduction in water usage by m3/kg of product by 2030
- 100% EV company cars by 2030
- Reuse or recycle 100% of water by 2030
- Zero H&S non-conformance by 2025
- 15% of staff to be mental health first aiders by 2025
- Minimum 16 hours training per annum, to include 6 hours H&S, for full time employees by 2025
- Employee Net Promoter Score (eNPS) >65 by 2025
- A minimum of £20,000 investment in corporate, social and responsibility (CSR) projects per annum by 2030
- 50:50 female to male employee ratio by 2030
- Zero Lost Time Injury Frequency Rate (LTIFR) by 2025
- Great Place to Work Certified by 2025
- Core products (CW, RH/RV, EW) to comprise >30% recycled content by 2030
- Take back scheme implemented by 2030
- EPDs / HPDs for core products by 2025
- ≥2% of annual turnover allocated to R&D by 2025
- Train 2000 external stakeholders per annum by 2025
- 100% of critical suppliers audited by 2025
Short-term Goals:
- Solidify global presence (USA, Europe, Dubai)
- Launch new products
- Enhance customer engagement (website, CRM)
- Achieve ISO 50001 Energy Management certification by 2025
- Achieve zero waste-to-landfill status by 2025
- Achieve ISO 37301 for Compliance Management System by 2025
- Achieve BES 6001 responsible sourcing certification by 2024
Environmental Challenges
- Majority of GHG emissions come from scope 3 (purchased goods and services)
- Increased energy consumption in 2023 due to new production line and Innovation Centre
- Managing waste generation from manufacturing processes
- Water quality risk at SSPL site in Hadleigh
Mitigation Strategies
- Exploring renewable energy options (solar)
- Energy Savings Opportunity Scheme (ESOS) assessment identified energy efficiency projects
- Transitioning to electric vehicles (target 100% by 2030)
- Returning stone wool waste to supplier for recycling
- Implementing a take back scheme by 2030 for installation waste
- Lean Six Sigma project to reduce stone wool waste
- Weekly Legionella checks and water quality testing
Supply Chain Management
Responsible Procurement
- Prioritising local suppliers (89% SIL, 96% SSPL)
- Plans for 2024 to incorporate social and environmental criteria into supplier selection and evaluation
Climate-Related Risks & Opportunities
Physical Risks
- Flooding (at SSPL site)
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001, ISO 9001
Sustainable Products & Innovation
- CT Cavity Tray
- RV-90/60 Rainscreen Vertical Cavity Barrier
- BB-FB Balcony Bracket Fireboard
- EW-FS60 Firestops for Masonry Walls
- EWI 'Open State' Firestop for Masonry Walls
- CW-SI Curtain Wall Spandrel Insulation
- RH25-120/120 RH50-120/120Rainscreen Horizontal 'Open State' Cavity Barriers
Awards & Recognition
- Manufacturer of the Year 2023 (Building Awards)
- MIND Gold Award in Work Wellbeing Index 2020/2021
- EcoVadis Silver Medal recognition (SSPL)