Climate Change Data

The Rank Group Plc

Climate Impact & Sustainability Data (2022-07 to 2023-06)

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

Total Carbon Emissions:24,853 tCO2e/year
Scope 1 Emissions:11,029 tCO2e/year
Scope 2 Emissions:11,631 tCO2e/year
Scope 3 Emissions:2,193 tCO2e/year
Renewable Energy Share:43%
Total Energy Consumption:124,618,023 kWh/year
Water Consumption:206,498 m3/year
Waste Generated:2,202 tons/year
Carbon Intensity:36.6 tCO2e per £m NGR

ESG Focus Areas

  • Customers
  • Colleagues
  • Environment
  • Communities

Environmental Achievements

  • Conducted an extensive energy audit of UK and Spanish venues to establish a utilization baseline for energy savings and carbon reductions.
  • Installed LED lighting in Spanish venues and introduced energy-saving solutions in UK Mecca venues.
  • Developed an internal program to raise awareness and instill behavioral change regarding energy consumption.
  • Established Group-wide interim Net Zero targets and are developing a strategy to support their achievement.

Social Achievements

  • Introduced the position of Chief People Officer to enhance colleague engagement.
  • Restructured the People and Culture function to improve information flow and support people and culture plans.
  • Developed a listening strategy to map out employee engagement interactions.
  • Developed a new Employee Value Proposition (EVP) to improve employee outcomes and integration of company values.
  • Invested significantly in employee training on safer gambling in partnership with GamCare.

Climate Goals & Targets

Long-term Goals:
  • Achieve Net Zero emissions across entire value chain by 2050 (or earlier).
Medium-term Goals:
  • Achieve interim Net Zero target by 2035 for Scope 1 and 2 emissions and specific Scope 3 elements.
Short-term Goals:
  • Reduce energy consumption across venues through various initiatives (implied)

Environmental Challenges

  • Supply chain disruptions due to climate events (implied)
  • Meeting increasingly stringent reporting obligations (implied)
  • Managing the commercial impact of potential maximum stake changes for online slot games (implied)
  • Addressing the cost of living impact on colleagues, customers, and communities (implied)
  • Addressing the potential impact of climate change on assets and liabilities (implied).
Mitigation Strategies
  • Developed alternative sourcing strategies (implied)
  • Proactive approach to meeting incoming regulatory changes
  • Initiatives to mitigate the ‘cost of living’ impact on colleagues, customers and communities.
  • Developing a Net Zero strategy and plan to align targets with the Science Based Targets initiative (SBTi).
  • Investment into property portfolio to improve energy efficiency and reduce carbon intensity.
  • Developing a country-specific Net Zero strategy for Spanish operations.

Supply Chain Management

Supplier Audits: Spot checks carried out on factories in high-risk industries.

Responsible Procurement
  • Working with suppliers that meet high ethical standards and comply with industry regulations.
  • Including sustainability criteria (including energy efficiency) when purchasing new machinery.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Changes in average climate conditions
  • Flood risk
Transition Risks
  • Policy and legislation changes
  • Technological advances
  • Market changes
  • Supply chain cost inflation
  • Reputational risks
Opportunities
  • Reduced energy costs from low-emission energy sources
  • Innovation and development of new low-emission products and services

Reporting Standards

Frameworks Used: SASB, GRI, TCFD

Certifications: GamCare Advanced Level 2 accreditation (Mecca & Rank Interactive)

Awards & Recognition

  • Corporate Community Engagement Award at the 2023 European Casino Awards