Toye, Kenning & Spencer Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Employee Well-being
- Community Engagement
- Supply Chain Responsibility
- Waste Reduction
- Energy Efficiency
- Diversity and Inclusion
Environmental Achievements
- Introduced an energy survey to reduce usage
- Installed condensing boilers in Bedworth
- Installed double-glazed windows and renovated roofs in Birmingham to improve insulation and reduce energy usage
- Installed a new heating system in Birmingham to increase efficiency
- Renewed company-wide ISO 9001:2008 accreditation
- Ceased use of trichloroethylene and switched to a high-temperature oven
Social Achievements
- Long-term agreement with an employment law advisory service ensuring compliance with legislation
- Annual health, safety, and fire risk audits
- Employee initiatives including formal inductions, annual appraisals, health and wellbeing promotion, and training and development leading to recognized qualifications
- Recruitment of two new employees from the School of Jewellery and a graduate from the Royal School of Needlework
- Encouraging employees to participate in the ‘Cycle to Work Scheme’
Governance Achievements
- Established clear accountability for social and environmental responsibilities, with ultimate responsibility resting with the Executive Chairman and delegated site responsibilities to site managers
- Annual reporting of social and environmental progress to the Board
- Compliance with or exceeding relevant environmental legislation, regulations, and industry standards
Climate Goals & Targets
Short-term Goals:
- Progressive introduction of low power consumption lighting
Environmental Challenges
- Minimizing energy consumption throughout the product lifecycle
- Reducing the carbon footprint of the company fleet
- Reducing the amount of hazardous waste produced
- Finding suitable synthetic alternatives to animal skin
- Maintaining continuity of supply from suppliers
Mitigation Strategies
- Actively seeking methods to reduce energy consumption
- Progressive purchase of electric vehicles
- Limiting the number of scheduled supply runs
- Strict procurement standards for animal skin sourcing
- Assessing suppliers for key supply chain risks including loss of supplier, political stability, exchange rate fluctuation, product quality, and timeliness of supply
Supply Chain Management
Responsible Procurement
- Collating information from suppliers on their social and environmental policies and performance
- Assessing suppliers for key supply chain risks
- Ensuring key suppliers conform to workplace regulations of their country of origin