Climate Change Data

Invest Northern Ireland (Invest NI)

Climate Impact & Sustainability Data (2009, 2023-2024, 2023-2030, 2024-2027)

Reporting Period: 2009

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

  • Sustainable Building Products
  • Energy Efficiency
  • Climate Change
  • Resource Management

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • All new homes to be zero carbon (2016)
Short-term Goals:
  • Achieve Code Level 3 for social housing (2010)
  • Achieve Code Level 4 for social housing (2013)

Environmental Challenges

  • Adequate supply of sustainable building products
  • Limited awareness of sustainable building products
  • High costs of sustainable building products
  • Skills gap in sustainable construction practices
Mitigation Strategies
  • Support for R&D projects
  • Supply chain collaborations
  • Skills development and training
  • Raising awareness through promotion and education

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Quality control systems
  • Product certification
  • Third-party assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: BREEAM, Code for Sustainable Homes, Passivhaus

Certifications: ISO 14001, BES 6001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation and infrastructure)
  • Goal 11 (Sustainable cities and communities)

The report focuses on sustainable building products and practices that contribute to energy efficiency, reduced emissions, and sustainable urban development.

Sustainable Products & Innovation

  • Prefabricated timber frame houses
  • Insulation products
  • High-performance windows
  • Cladding products
  • Air tightness products
  • Ventilation products
  • Thermal bridging elimination products
  • Controls and metering systems

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-2024

Environmental Metrics

Total Carbon Emissions:184.95 tCO2e/year (2023-24)
Scope 1 Emissions:137.22 tCO2e/year (2023-24)
Scope 2 Emissions:0.00 tCO2e/year (2023-24)
Scope 3 Emissions:47.73 tCO2e/year (2023-24)

ESG Focus Areas

  • Net Zero
  • Good Jobs
  • Increased Productivity
  • Regional Balance
  • Environmental, Social and Governance (ESG)

Environmental Achievements

  • Reduced carbon footprint from 348.66 tCO2e in 2019-20 to 184.95 tCO2e in 2023-24. Secured £73m of green investment in Northern Ireland.

Social Achievements

  • Supported 3,965 new jobs. Launched Ambition to Grow programme supporting regionally based micro and small businesses, resulting in almost £3.3m of support offered and 308 new jobs. Became a Young Enterprise NI “ESG Business Backer”, mentoring students on environmental and social responsibility in business.
  • Working towards becoming an accredited Real Living Wage employer.

Governance Achievements

  • Published a joint Action Plan in response to the Independent Review of Invest NI, led by Sir Michael Lyons. Implemented a revised Risk Appetite Statement. Improved prompt payment of invoices (98% within 30 days, 93% within 10 working days).

Climate Goals & Targets

Long-term Goals:
  • Invest NI is recognised as a leading economic development agency, instrumental in driving a balanced, sustainable, productive, and prosperous Northern Ireland economy through unlocking the potential of businesses across the region.

Environmental Challenges

  • Budget and funding uncertainty hindering effective planning and delivery. Absence of a multi-year budget. Withdrawal of EU funds. Closure plan for an Invest NI subsidiary (NI-CO). Implications from Invest NI ownership of land in Belfast following a road abandonment order. Unauthorised release, loss or disclosure of corporate or confidential information stored electronically. Invest NI failing to deliver against the DfE Minister’s Economic Mission. Digital Transformation not keeping pace with organizational needs.
  • Decreased EU receipts due to the ERDF Programme closing. Increased salary costs due to staff increases and pay awards.
Mitigation Strategies
  • Engagement with DfE to submit bids aligned with DfE Minister’s Economic Mission. Identifying and exploring alternative funding sources. Effective oversight arrangements and appointment of financial advisor for subsidiary wind-down. Engagement with statutory authorities and appointment of social housing association to develop the land. Robust policies and procedures, staff training on data protection and information security. Development of a three-year strategy aligned with the Minister’s Economic Vision. Digital Technology roadmap and Business Improvement Manager in post.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Sustainable packaging produced by Biopax Limited.

Reporting Period: 2023-2030

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Medium-term Goals:
  • 50% reduction in scope 1 and 2 operational emissions and full mapping and targeted reduction of scope 3 emissions (Internal)
  • All clients will be required to demonstrate clear pathways to net-zero by 2050 according to science-based targets (External)
  • Greener, healthier offices with waste eliminated and water and paper use reduced to half (Internal)
  • All clients will be required to demonstrate adoption of measures to protect and enhance the environment and nature (External)
  • Resources used and procured reduced by 50% with increase in repurposed, reused or certified sustainable materials (Internal)
  • Clients required to commit to circular economy practices and measurable targets for sustainable resource and materials use (External)
  • Improve gender balance across all grades to 50/50 (Internal)
  • Achieve Diversity Mark Gold (Internal)
  • Increased investment in programmes to support businesses to target and champion inclusion (External)
  • External recognition and accreditation as an employer of choice with a focus on employee engagement (Internal)
  • Increased investment in workplace skills to ensure we have the talent we need for a transition to a net-zero economy by 2050 (External)
  • At least 20% of Invest NI’s employees engage in volunteering that helps to address inequality in our society (Internal)
  • Clients are encouraged to engage in social inclusion activities to address inequalities in society and asked to share this in their applications (External)
  • Our employee value proposition will have been externally recognised (Internal)
  • Client companies will be required to commit to paying the Real Living Wage and to demonstrate not only economic, but also social and environmental value (External)
  • Our senior leadership will have at least 40% female representation (Internal)
  • 20% of our senior leaders will share their skills and expertise on the boards of organisations committed to inclusion and sustainability (Internal)
  • We will increase scores on leadership, integrity and transparency in employee surveys by up to 20% (Internal)
  • We will increase scores on leadership, integrity and transparency in external stakeholder surveys by up to 20% (Internal)
Short-term Goals:
  • Quantify the environmental impact of our operations
  • Explore and agree environmental targets and reduction plans
  • Raise staff awareness and understanding of environmental issues relating to sustainable business
  • Develop, launch and implement a strategic approach to diversity and inclusion and health and wellbeing
  • Explore how we align and integrate ESG into our governance, audit and risk management and assurance policies and procedures
  • Raise staff awareness and understanding of social issues relating to good business
  • Identify what ESG data is required at each stage of the customer journey and how it can be collected
  • Become an accredited Real Living Wage Employer
  • Consult with staff to refine our approach to ESG
  • Agree social conditions/clauses to include into our support to customers
  • Engage with customers and external stakeholders to refine our strategic approach to ESG
  • Agree environmental conditions/clauses to include into our support to customers
  • Explore how we can quantify the environmental impact of our customers’ operations

Environmental Challenges

  • Achieving net-zero emissions by 2050 with an interim target of 48% reduction by 2030.
Mitigation Strategies
  • Identifying new market opportunities in the green economy, supporting NI businesses to go greener, leveraging green growth funding, working with government departments to ensure businesses have access to necessary skills and resources, and building a proposition to attract investment in key areas (offshore wind; green hydrogen; low carbon retrofit; and clean water).

Supply Chain Management

Responsible Procurement
  • Sustainable Procurement & Circular Economy

Climate-Related Risks & Opportunities

Opportunities
  • New market opportunities in the green economy

Reporting Period: 2024-2027

Environmental Metrics

ESG Focus Areas

  • Reducing Carbon Emissions
  • Regional Balance
  • Good Jobs
  • Sustainability

Environmental Achievements

  • Supported 575 investments in Net Zero, Energy and Resource Efficiency Technologies
  • Aimed to help businesses save a minimum of 30 ktCO2e through better productivity and sustainable efficiency

Social Achievements

  • Aimed to create 10,000 jobs
  • Commitment to promoting an inclusive work environment
  • Aimed to support at least 450 locally-owned companies that are ‘new to Invest NI’
  • Working with partners to address skills gaps and facilitate access to employment for under-represented groups

Governance Achievements

  • Commitment to good governance, transparency in public expenditure, and a digital-first culture
  • Implementing a new approach that accelerates decision-making while maintaining high standards of corporate governance

Climate Goals & Targets

Long-term Goals:
  • Achieve Net Zero emissions by 2050
Medium-term Goals:
  • Increase annual R&D expenditure within Invest NI’s client portfolio to £750m (21% uplift on 2023 baseline)
  • Increase the percentage of Invest NI’s client portfolio that are innovation active to 80%
Short-term Goals:
  • By 2026/27, 65% of Invest NI’s Investments will be to businesses located outside of the Belfast Metropolitan Area

Environmental Challenges

  • Uneven distribution of economic activity across Northern Ireland
  • Infrastructure challenges, provision of services, planning, and skills availability
  • Need to address regional imbalances
  • Low productivity compared to UK average
Mitigation Strategies
  • Implementing a revamped regional approach to increase resources and capability for supporting businesses across NI
  • Purposeful partnerships and meaningful cooperation across stakeholders to find solutions to regional challenges
  • Focusing on productivity improvement through investment in efficient, automated, and digitally-enhanced products, systems, and processes
  • Targeting financial employment support at companies supporting Good Jobs (paying above the Real Living Wage)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)