Climate Change Data

Specsavers

Climate Impact & Sustainability Data (2023-2024)

Reporting Period: 2023-2024

Environmental Metrics

Renewable Energy Share:60%
Total Energy Consumption:900+ MWh/year (renewable)
Waste Generated:51 tonnes reduction/year

ESG Focus Areas

  • Community Support
  • Environmental Sustainability
  • Employee Wellbeing
  • Ethical Sourcing

Environmental Achievements

  • Reduced greenhouse gas emissions through solar PV systems, generating over 900 MWh renewable energy annually.
  • Reduced packaging waste by 51 tonnes.
  • Increased renewable energy share to 60% of global energy consumption.
  • Reduced water usage by 10% across manufacturing and distribution sites.
  • Developed an internal standard of 28 more sustainable materials for frames.

Social Achievements

  • Certified as a Great Place to Work® in all 12 surveyed countries.
  • 62% of director-level promotions were women.
  • Donated over £1.5 million (UK & ROI) and equivalent amounts in other regions to charities.
  • Launched global inclusion development offer.
  • Improved wellbeing index score to 75% across all regions.

Governance Achievements

  • Introduced a new Supplier Code of Conduct.
  • Became registered members of SEDEX.
  • Engaged with top 75 suppliers (65% of spend) on the new Code of Conduct.
  • Updated contracts to include sustainability-related clauses.

Climate Goals & Targets

Long-term Goals:
  • Net zero carbon emissions by 2050.
  • Zero waste to landfill by 2030.
Medium-term Goals:
  • 100% of frames globally made with sustainable materials by 2030.
  • Reduce packaging volume by 30%, increase recycled content to 30% by 2030.
Short-term Goals:
  • Reduce scope 1 and 2 emissions by 50%, scope 3 by 25% by 2030.
  • 33% of frames made with bio-based or recycled materials by Feb 2025.

Environmental Challenges

  • Reducing environmental impact across the supply chain.
  • Ensuring ethical sourcing and responsible labor practices.
  • Maintaining a diverse and inclusive workplace.
Mitigation Strategies
  • Science-Based Targets initiative (SBTi) validation.
  • Regular supplier audits and engagement.
  • Global diversity and inclusion plan with dedicated teams and initiatives.
  • Investment in renewable energy and sustainable materials.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Ethical Trading Initiative Base Code
  • International Labour Organisations Conventions

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Science Based Targets initiative (SBTi)

Certifications: Great Place to Work®, Forest Stewardship Council (FSC)

Sustainable Products & Innovation

  • ReWear frames
  • Luxe frames
  • Sustainable accessories

Awards & Recognition

  • Great Place to Work® awards