Benchmark Holdings plc
Climate Impact & Sustainability Data (2021-10 to 2022-09)
Reporting Period: 2021-10 to 2022-09
Environmental Metrics
Total Carbon Emissions:6596 tCO2e
Scope 1 Emissions:2574 tCO2e
Scope 2 Emissions:4022 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:62%
Total Energy Consumption:42952 MWh
Water Consumption:40,805,186 m3
Waste Generated:1023 tons
Carbon Intensity:41.66 tCO2e per £m revenue
ESG Focus Areas
- Animal Health and Welfare
- Environment
- People and Communities
Environmental Achievements
- 100% sustainable certified soy
- 12% reduction in energy intensity ratio
- Implementation of emissions reduction plan for Thailand
- Completion of climate change risk assessment
- Issue of first green loan and NOK 750m green bond
- Greenhouse gas emissions for FY22 are 51tCO2e (0.7%) lower than FY21
Social Achievements
- Above average employee engagement scores
- 92% participation rate in employee engagement survey with 88% overall score
- Launched a Group wellbeing programme – “One Benchmark, A Healthier You”
- Employee turnover remained stable at 13.64% in FY22
Governance Achievements
- Established a new supplier Code of Conduct covering modern slavery, anti-corruption and transparency
- Implementation of a new supplier policy through the development of a Group-wide supplier management system
Climate Goals & Targets
Long-term Goals:
- Achieve Net Zero scope 3 emissions by 2050
- All Company-operated vehicles to be zero emissions by 2035
Medium-term Goals:
- Achieve Net Zero scope 1 and 2 emissions by 2030
- Operate using only energy from renewable sources by 2030
- Reduce our energy consumption/£m revenue by 5% year on year
- Zero waste to landfill by 2030
Short-term Goals:
- Complete implementation of supplier management system
- Continue progress towards development of novel feed ingredients
- Continue progress on programmes to reduce packaging
- Commence implementation of scope 3 emissions measurement
Environmental Challenges
- Extreme weather events impacting operations and supply chain
- Freshwater availability due to climate change
- Great Salt Lake reduction affecting Artemia harvest
- Fish feed availability due to population growth and climate change
- Seawater temperature increase impacting sea farm customers
- Transitional risks from new environmental regulations
Mitigation Strategies
- Site-level contingency plans for extreme weather
- Maintenance and asset integrity programs
- Monitoring weather patterns
- Group water risk assessment
- Site-specific water consumption reductions
- Investment in infrastructure
- Collaboration with Great Salt Lake Cooperative
- Best practices for feeding
- Responsible sourcing of feed ingredients
- Collaboration with research partners
- Optimising CleanTreat® operations
- Exploring land farm-based opportunities
- Third-party certification
- Science-based target approach to Net Zero emissions
- Investment in energy efficiency upgrades
- Investment in renewable energy sources
- Marketing campaigns promoting blue food diets
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- New supplier Code of Conduct
- Group-wide supplier management system
- Sustainable sourcing of feed ingredients
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
- Freshwater availability
- Great Salt Lake reduction
- Seawater temperature increase
Transition Risks
- New environmental regulations
- Rising markets for alternative plant-based protein sources
Opportunities
- Investment in energy efficiency upgrades
- Investment in renewable energy sources
- Marketing campaigns promoting blue food diets
Reporting Standards
Frameworks Used: GRI, SASB, TCFD
Certifications: ISO 14001:2015
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- CleanTreat®
Awards & Recognition
- CSR-DIW Continuous Award 2022
- ECO-Factory certificate