Climate Change Data

Genuit Group plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:305992 tCO2e/year (Scopes 1,2,3 combined)
Scope 1 Emissions:13893 tCO2e/year
Scope 2 Emissions:2093 tCO2e/year
Scope 3 Emissions:290013 tCO2e/year
Renewable Energy Share:91%
Total Energy Consumption:69986 MWh/year
Water Consumption:66597 m3/year (supplied)
Waste Generated:Not disclosed
Carbon Intensity:0.140 tCO2e/t in 2023

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Workforce Diversity

Environmental Achievements

  • Reduced scopes 1 & 2 emissions by 24% against 2021 base year
  • Increased recycled material use from 48.7% to 49.2% of total tonnage consumption
  • Sourcing 91% of electricity from renewable sources
  • Reduced scope 3 category 1 emissions by more than 25% from a 2021 base year

Social Achievements

  • Over 250 employees in Earn and Learn programmes

Governance Achievements

  • SBTi approval for near- and long-term carbon reduction targets
  • SBTi approval for long-term targets to achieve net-zero by 2050

Climate Goals & Targets

Long-term Goals:
  • Reduce absolute scopes 1 & 2 GHG emissions by 90% by 2050 (from 2021 base year)
  • Reduce absolute scope 3 GHG emissions by 90% by 2050 (from 2021 base year)
  • Net-zero by 2050
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce scopes 1 & 2 GHG emissions by 30% by 2027 (from 2021 base year)
  • Reduce CO2e emissions intensity by 66% by 2025 (from 2019 base year)
  • 100% renewable electricity by 2030
  • 83% of suppliers by emissions covering purchased goods and services will have science-based targets by 2027
  • Reduce absolute scope 3 GHG emissions by 13% for purchased goods and services by 2027 (from 2021 base year)

Environmental Challenges

  • Lower production volumes affecting scopes 1 & 2 GHG intensity
  • Scope 3 emissions dominated by purchased goods and services
  • Need to engage suppliers to reduce their carbon impact
Mitigation Strategies
  • Prioritising purchase of renewable electricity
  • Setting targets for supplier engagement and science-based targets
  • Investing in R&D for bio-polymers and chemical recycling
  • Lightweighting products to reduce material mass

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Setting science-based targets for 83% of suppliers by 2027

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Extreme weather events
Transition Risks
  • Policy changes
  • Market shifts
  • Technological changes
Opportunities
  • Development of energy-efficient products and services
  • Growth in sustainable building solutions

Reporting Standards

Frameworks Used: SBTi

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Nu-Deck underfloor heating
  • MRXBox MVHR with cooling
  • Polysync smart water attenuation
  • BioSolar roofs
  • POLYwalk timber replacement
  • Polypipe pre-insulated heat network pipes

Awards & Recognition

  • Not disclosed