Climate Change Data

Grafton Group plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:44,968 tCO2e (Scope 1 & 2)
Scope 1 Emissions:32,436 tCO2e
Scope 2 Emissions:12,532 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:49,080 MWh (Electricity)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Waste
  • Biodiversity
  • Plastics & Packaging
  • Water
  • Pollution
  • Raw Materials
  • Product Safety & Quality
  • Resource Use & Circular Economy
  • More Sustainable Products
  • Equality, Equity, Diversity & Inclusion
  • Training & Development
  • Upskilling Senior Leaders on ESG
  • Health, Safety & Wellbeing
  • Monetary Donations
  • Goods & Services Donations
  • Volunteering
  • Fundraising & Raising Awareness of Important Community Issues
  • Strong Governance
  • IT & Cyber Security
  • Regulatory Compliance
  • Responsible Sourcing (Supply Chain Management)
  • Privacy & Data Security

Environmental Achievements

  • 11.5% absolute reduction in Scope 1 and 2 location-based GHG emissions
  • 12.2% reduction in GHG emissions (tonnes CO2e) per £m revenue
  • 98% waste diverted from landfill
  • >1,200 MWh electricity generated from solar PV installations
  • >1,000 tCO2e saved through the use of >430,000 Litres HVO across the fleet

Social Achievements

  • 7% reduction in the frequency rate for lost time injuries
  • £0.8m+ community donations made by the Group
  • All four business leadership roles filled through internal succession planning

Governance Achievements

  • New Executive Sustainability Committee established
  • Scope 3 GHG emissions calculated
  • Net zero targets submitted to SBTi for validation
  • CEO and CFO bonus scheme linked to sustainability targets

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Top 100 in the FTSE 250 for Board Diversity by 2030
  • Promote products to customers with sustainability attributes by 2030
  • 42 per cent reduction in absolute GHG emissions across scope 1, 2 and 3 by 2030 against a 2021 base year
Short-term Goals:
  • Annual two per cent reduction in tCO2e per £m revenue (2021 baseline)
  • 15 per cent reduction in total operational waste tonnage per £m revenue (2021 baseline)
  • Establish a Group natural resources policy by 2025
  • 100 per cent building timber products (by value) responsibly sourced by 2025
  • Pilot circular business opportunities by 2025
  • Year on year increase in percentage of colleagues that are female
  • 25 per cent reduction in total working days lost as a result of an injury at work by 2025 vs 2018 baseline
  • Equivalent to at least one per cent of operating profit donated to communities by 2026

Environmental Challenges

  • Scope 3 emissions represent a large portion of total GHG emissions
  • Need for close collaboration with suppliers to meet targets
  • Challenges in data collection and monitoring for Scope 3 emissions
  • Need for policy support to enable delivery of stretching targets
  • Dependence on large industries (chemicals, steel, cement) for product supply
  • Need for technological advancements in building construction and transport
Mitigation Strategies
  • Developed initial transition plan to achieve net-zero targets
  • New Group Procurement Director will engage with suppliers on sustainability matters
  • Improved data collection and monitoring
  • Collaboration with suppliers to increase proportion with Science Based Targets
  • Focus on alternative products, materials, and energy usage
  • Scaling up circular business models
  • Sensitivity analyses setting out different scenarios for emissions reductions
  • Engagement across Grafton’s value chain, especially with suppliers and customers

Supply Chain Management

Supplier Audits: 81% of suppliers on the risk management system completed the assessment

Responsible Procurement
  • Supply chain management system rolled out in partnership with Exiger
  • Questionnaires sent to large suppliers requesting due diligence information
  • Supplier screening against sanctions lists and media reports

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flash flooding
  • Wildfires
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: CSRD, TCFD, SBTi

Certifications: FSC, PEFC

Third-party Assurance: EY (limited assurance)

UN Sustainable Development Goals

  • Not disclosed

The strategy aligns with eight UN Sustainable Development Goals.

Sustainable Products & Innovation

  • Products with sustainability attributes (responsibly sourced raw materials, low impact manufacture, reduced fossil fuel consumption in use, etc.)
  • Cradle to cradle accredited products (Isero)

Awards & Recognition

  • Woodie’s shortlisted for Best Diversity Strategy at the 2023 HR Leadership & Management Awards
  • Woodie’s listed as a Best Workplace for Women for five consecutive years in Ireland
  • Chadwicks achieved silver status in Diversity from Irish Centre for Diversity
  • CPI EuroMix became a platinum member of Women into Construction