Climate Change Data

Reconomy Group

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:352,838 tCO2e
Scope 1 Emissions:11,453.58 tCO2e
Scope 2 Emissions:2,675.09 tCO2e
Scope 3 Emissions:338,709.87 tCO2e
Renewable Energy Share:67% (UK estate)
Total Energy Consumption:11,811,000 kWh
Water Consumption:30.97 ML
Waste Generated:199.48 tons
Carbon Intensity:351.78 (gross tCO2e / £Millions transactions)

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Social Value
  • Responsible Business
  • Diversity & Inclusion
  • Ethical Business Practices
  • Health and Safety

Environmental Achievements

  • Reduced full-scope carbon intensity by 13%
  • 97.5% of all waste managed diverted from landfill
  • 67% of UK estate used electricity from renewable sources

Social Achievements

  • Delivered £2.2m of social value through RSVP (Reconomy Social Value Programme)
  • 86 apprenticeships and 60 internships started
  • 872 hours of employee volunteering
  • Net Promoter Score (NPS) of +79

Governance Achievements

  • Achieved Ecovadis Gold rating
  • Received top award in ESG management at the 2022 BVCA Summit
  • 84% of supplier spend allocated to local and/or SME suppliers

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero for all emissions (Scopes 1, 2 & 3) by 2040
Medium-term Goals:
  • Achieve net zero for direct emissions (Scopes 1 & 2) by 2028
  • 100% renewable energy tariff globally by 2028
  • Fully electric HGV fleet by 2028
Short-term Goals:
  • Reduce carbon intensity by 12% (Scopes 1 & 2)

Environmental Challenges

  • Supply chain disruptions due to geopolitical events
  • Lack of infrastructure for certain waste streams
  • Increased absolute energy consumption due to acquisitions
Mitigation Strategies
  • Investing in new recycling infrastructure (e.g., Eurokey facility)
  • Implementing efficient logistics routing techniques
  • Testing alternative fuels (e.g., HVO100) for HGV fleet
  • Developing a Group Safety Committee to agree Group targets

Supply Chain Management

Supplier Audits: 825 suppliers assessed in 1,131 supplier site visits

Responsible Procurement
  • Group Sustainable Procurement policy based on ISO20400
  • Code of Conduct for suppliers
  • Focus on local and SME suppliers (77% of total spend)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Operational disruption
  • Property/infrastructure damage
Transition Risks
  • Policy and legislation changes
  • Market and societal shifts
  • Technology changes
Opportunities
  • Resource efficiency
  • Increased reliance on renewable energy
  • Market diversification
  • Increased demand for recycling services

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14064, ISO 45001 (at Casepak)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 8, 9, 11, 12, 13, 15

Reconomy Group's initiatives contribute to these SDGs through its circular economy model, community investment, employee wellbeing programs, and climate action.

Sustainable Products & Innovation

  • PunchOut procurement catalogue
  • Valpak’s Insight Platform
  • EcoVend reverse vending machines

Awards & Recognition

  • Ecovadis Gold rating
  • Top award in ESG management at the 2022 BVCA Summit
  • CIO 100 Award

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Sustainable Supplier Charter

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UNGC, SBTi