Volans
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:11% of total UK GHG emissions in 2020
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
- Climate Change
- Biodiversity
- Sustainable Land Management
- Regenerative Agriculture
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Net zero emissions for UK agriculture
Medium-term Goals:
- 85% of farmers in England engaged in ‘low-carbon practices’ by 2035
Short-term Goals:
- 75% of farmers in England engaged in ‘low-carbon practices’ by 2030
Environmental Challenges
- Lack of incentive, information, and clarity on how to reduce emissions in agriculture.
- Large finance gap for nature-related outcomes.
- Delays in implementation and lack of detail in Environmental Land Management (ELM) schemes.
- Low take-up of green loans.
- Rarity of transition plans among farmers.
- Integration of nature and climate-related risk into the credit life cycle is a challenge for banking teams.
Mitigation Strategies
- Recommendations for policy changes to incentivize transition, including proper GHG pricing, joined-up approach to food, climate, and nature, and support for peer-to-peer learning.
- Recommendations for improved data collection, standardization, and aggregation.
- Recommendations for engaging the full range of financial institutions and instruments.
- Recommendations for greater collaboration and alignment between banks, retailers, farms, and food processors.
- Development of various tools to support the net zero transition (Agreed Earth, Agreena, Carbon by Indigo Ag, Global Farm Metric, Regenagri, Soil Association Exchange, Soil Capital, Perseus).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Impacts of climate change on farms
Transition Risks
- Regulatory demands to deliver a low-carbon economy
- Changes in food supply chain
Opportunities
- Innovation, value-creation, and a thriving rural economy based on investment in natural capital
Reporting Standards
Frameworks Used: Null
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: 2024
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
- Climate Change
- Biodiversity
- Circular Economy
- Social Progress
- Human Health
Environmental Achievements
- Almost halved greenhouse gas emissions since 2010 globally by 2035
- Most large economies run primarily on renewable energy by 2035
- Deforestation halted in many important biomes by 2035
- Soil degradation starting to be reversed by 2035
- Pollinator numbers bouncing back in many places by 2035
- Rivers cleaned up sufficiently to foster diverse ecosystems by 2035
- Rate of ocean heating and acidification slowed by 2035
- Emissions starting to fall rapidly in difficult-to-decarbonise sectors by 2035
- Production and consumption of virgin plastics in steady decline by 2035
- Recycling rates significantly increased by 2035
- Improved water efficiency of agriculture and industry by 2035
Social Achievements
- Efforts to reduce poverty, tackle inequality, and improve human health gained momentum by 2035
Governance Achievements
- Increased transparency around companies’ direct and indirect policy engagement
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Governments dragging their feet on climate change and nature loss
- Influential trade associations captured by companies with an anti-climate agenda or silent on stronger policies
- Ambiguity around the potential impact of climate policies on company bottom lines
- Divergent interests and priorities among trade association members
- Misaligned trade associations posing reputational risks to companies
Mitigation Strategies
- Companies started pushing for more ambitious policies
- Financial institutions pressed companies to develop and disclose robust transition plans
- Increased transparency around companies’ policy engagement
- Companies leaving misaligned trade associations
- Trade associations responding to pressure from pro-climate members
- Trade associations taking on a dual mandate: minimize cost to industry and accelerate net-zero transition
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Floods
- Storms
- Droughts
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI, CDP, B-Lab’s Impact Assessment, CSRD (EU)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed