HH Global
Climate Impact & Sustainability Data (2020-2021, 2022, 2023)
Reporting Period: 2020-2021
Environmental Metrics
Total Carbon Emissions:409,075 tCO2e (2020); 373,687 tCO2e (2021)
Scope 1 Emissions:0
Scope 2 Emissions:377 (2020); 220 (2021)
Scope 3 Emissions:408,698 (2020); 360,514 (2021)
Renewable Energy Share:1.31% (2020)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced emissions by 16,000 tCO2e (4% reduction against 2020 baseline)
- Saving of 827.60 kg of CO2e through carbon offsetting project
- Saving of 301 tonnes of CO2e through recyclable PET backing boards
- Saving of 88 tonnes of CO2e through 100% recycled corrugated cardboard and board
Social Achievements
- Not disclosed
Governance Achievements
- Carbon Reduction Plan reviewed and signed off by the board of directors
Climate Goals & Targets
Long-term Goals:
- Net zero emissions from our entire value chain by 2035
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce Scopes 1, 2 and 3 GHG emissions 25% per £m of revenue by 2025 from a 2020 base year
- Increase annual sourcing of renewable energy from 1.31% in 2020 to 100% by 2025
Environmental Challenges
- Reducing Scope 3 emissions (Purchased Goods & Services being the largest contributor)
Mitigation Strategies
- Identifying and on-boarding like-minded suppliers with their own environmental savings targets
- Investing in technology and processes to understand the carbon footprint of purchased products
- Implementing sustainable material guidelines
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Identifying and on-boarding like-minded suppliers with their own environmental savings targets
- Implementing sustainable material guidelines
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GHG Reporting Protocol corporate standard, SECR (for Scope 1 and 2 emissions)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:991405.12 tCO2e/year
Scope 1 Emissions:195.6 tCO2e/year
Scope 2 Emissions:2862.9 tCO2e/year
Scope 3 Emissions:988346.6 tCO2e/year
ESG Focus Areas
- Climate Change
Environmental Achievements
- Designed a "Sustainable Procurement Framework" to reduce the environmental impact of purchased goods and services.
- Working towards switching to 100% renewable energy to power UK offices.
- Lowering upstream and downstream transportation emissions by optimising delivery mechanisms.
- Reduced business travel using video-conferencing technology.
- Use of energy-efficient IT equipment and a digital footprint calculator to monitor energy efficiency.
- Employee training on energy and carbon efficiency.
- Flexible working policies to reduce employee commuting and energy consumption.
Governance Achievements
- Carbon Reduction Plan reviewed and signed off by the board of directors.
Climate Goals & Targets
Long-term Goals:
- Reduce Scope 1, 2 & 3 emissions by 90% by 2040.
- Achieve Net Zero emissions by 2050.
Medium-term Goals:
- Reduce Scope 1, 2 & 3 emissions by 50% by 2030.
Short-term Goals:
- Increase annual sourcing of renewable energy to 100% by 2025.
Environmental Challenges
- Reducing Scope 1, 2, and 3 emissions across the value chain.
Mitigation Strategies
- Implementation of a net-zero plan integrated into operations.
- Collaboration with suppliers who have their own environmental savings targets.
- Sustainable Procurement Framework.
Supply Chain Management
Responsible Procurement
- Sustainable Procurement Framework
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Science Based Targets initiative (SBTi), GHG Protocol Corporate Standard, SECR (Streamlined Energy and Carbon Reporting)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Circular Economy
- Biodiversity
- Sustainable Procurement
- Human Rights
Environmental Achievements
- Launched Conscious Creative program to promote sustainable design practices.
- Early signatory of The Climate Pledge, aiming for science-based Net Zero Targets by 2040.
Social Achievements
- Commitment to responsible sourcing and fostering a culture of collaboration through the HH Global Sustainable Procurement Framework (SPF) and tools like SEDEX and Ecovadis.
Governance Achievements
- Emphasis on data sharing, reporting, metrics, and embracing data standards for transparency and accountability.
Climate Goals & Targets
Long-term Goals:
- Achieving science-based Net Zero Targets by 2040.
Environmental Challenges
- Ambiguous language in COP28 agreement regarding transitioning away from fossil fuels.
- Shortfall in pledged funds for Loss and Damage fund compared to vulnerable nations' needs.
- Need to address deforestation and water stress alongside greenhouse gas emission reductions.
Mitigation Strategies
- Investing in nature-based solutions.
- Reassessing supply chains in response to the European Union Deforestation Regulations (EUDR).
- Utilizing the Carbon Calculator technology to set and track strategic sustainability goals.
Supply Chain Management
Responsible Procurement
- HH Global Sustainable Procurement Framework (SPF)
- Use of SEDEX and Ecovadis tools.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Sustainable Development Goals, Taskforce on Nature-related Financial Disclosures (TNFD)
Sustainable Products & Innovation
- Conscious Creative program