Climate Change Data

Mpac Group plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:4,342.08 tCO2e/year (2023)
Scope 1 Emissions:86.51 tCO2e/year (2023)
Scope 2 Emissions:1,068.33 tCO2e/year (2023)
Scope 3 Emissions:3,187.24 tCO2e/year (2023)
Renewable Energy Share:Not disclosed
Total Energy Consumption:5,557 MWh/year (2023)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:2,347 kg CO2e/employee (2023)

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Supply Chain Sustainability
  • Employee Well-being
  • Community Engagement

Environmental Achievements

  • Achieved a Bronze rating from EcoVadis in October 2023.
  • Reduced Scope 1 emissions from 105.61 tCO2e in 2022 to 86.51 tCO2e in 2023.
  • Reduced Scope 2 emissions from 1,190.68 tCO2e in 2022 to 1,068.33 tCO2e in 2023.
  • Launched a new product in 2023 that specifically addresses the environmental impact of packaging (carton tray former).

Social Achievements

  • Conducted a thorough revision of Vision, Mission, Purpose, and Values.
  • Introduced flexible working patterns.
  • Launched Mpac People Awards.
  • Started investing in facilities to create better workspaces.
  • Refreshed employee benefits package at selected sites.
  • 25 percentage point increase in employee survey participation.
  • 31 percentage point increase in employees believing Mpac fosters a diverse and inclusive workplace.
  • Mississauga site held a Thanksgiving Food Drive, donating over 500 pounds of food and personal care items.

Governance Achievements

  • Follows the Quoted Companies Alliance Corporate Governance Code (QCA Code).
  • Implemented SafetyQube to enhance safety management across all sites.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (including Scope 3) - target year not specified.
Medium-term Goals:
  • Carbon neutral in Scope 1 and 2 emissions by 2030.
Short-term Goals:
  • Scope 3 emissions inventory, measurement and near-term targets set in accordance with SBTi by 2025.
  • All suppliers sign up to Mpac anti-slavery and human trafficking code by 2025.

Environmental Challenges

  • Significant supply chain disruption in 2022 due to customer-specified electrical component shortages.
Mitigation Strategies
  • Sourcing alternative suppliers, engineering rework, closer supply chain management, increased stock holding.

Supply Chain Management

Supplier Audits: Periodic supplier assessments and audits planned for the future.

Responsible Procurement
  • Supplier onboarding processes and procedures.
  • Terms and conditions requiring compliance with the UK’s Modern Slavery Act 2015.
  • Periodic attestation from suppliers regarding compliance with the Modern Slavery Act.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol, Science Based Targets initiative (SBTi)

Certifications: ISO (UK sites)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Carton tray former

Awards & Recognition

  • Not disclosed