Nexus Infrastructure plc
Climate Impact & Sustainability Data (2018, 2022-01 to 2022-03)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Health and safety
- People (workforce development, diversity, wellbeing)
- Communities
- Sustainability and the environment
Environmental Achievements
- ISO 14001 accreditation since 2002, no reportable environmental incidents
- ISO 50001 accreditation for energy saving
- Investment in new machines to reduce carbon emissions
- Company car scheme focused on hybrid and low emission vehicles
Social Achievements
- Launched "Building Bright Futures" initiative focused on culture, people, clients, and communities
- Various employee development programs (Aspire, Apprentices, Site Engineers, Future Talent)
- HR Team finalists in National HR excellence awards
- Nexus Community Trust raised over £400,000 since inception, focusing on mental health awareness in 2018
Governance Achievements
- Adopted the Quoted Companies Alliance (QCA) Corporate Governance Code
- Established Audit, Nomination, Remuneration, and Disclosure Committees
- Regular Board meetings and clear roles and responsibilities for Directors
Climate Goals & Targets
Environmental Challenges
- Planning delays with clients delaying contract awards or commencement of works
- Uncertainty posed by the UK's exit from the EU
- Failure to procure contracts due to market conditions (increased competition, costs, reduced skilled workforce)
- Regulatory requirements and potential non-compliance
- Availability of materials and subcontractors
- Loss of or inability to recruit and retain key personnel
- Contracts may not perform as expected
- Significant health and safety risks in the construction sector
Mitigation Strategies
- Government updated National Planning Policy Framework (expected positive impact)
- Diversification of client base, services, and geography
- Regular review of tenders and contact with clients
- Cautious approach to debt finance
- Regular evaluation of market performance and diversification strategies
- Focus on recruitment, development, and retention of skilled labor
- Structured bid review process and client/contract criteria
- High-quality people delivering and managing contracts
- Regular internal review of processes and procedures to ensure compliance
- Frequent external regulatory audits
- Multiple suppliers and subcontractors
- Supply contracts negotiated for certainty of price and quantity
- Focus on learning and development, performance-based remuneration, recruitment and development plans
- Detailed bid appraisal process, rigorous policies and procedures to manage and monitor contract performance
- Board-led commitment to zero accidents, management commitment to safety tours, audits, and action groups
- Comprehensive employee training programs
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Tamdown's ninth consecutive Gold Medal from RoSPA
Reporting Period: 2022-01 to 2022-03
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Energy Transition
- Sustainable Infrastructure
Environmental Achievements
- TriConnex is assisting customers with their energy transitions and implementation of the Future Homes Standard to ensure that new homes built from 2025 will produce 75-80% less carbon emissions than homes delivered under current regulations.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Significant levels of input cost inflation across the industry.
- One low margin contract in eSmart Networks impacting gross margin.
Mitigation Strategies
- The Group is committed to taking the necessary mitigating actions to protect and maintain margins.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Electric vehicle charging, industrial electrification and low carbon heating sources
Awards & Recognition
- Not disclosed