Climate Change Data

Carr’s Group plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:7,075 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:5,156 tCO2e/year
Scope 2 Emissions:1,919 tCO2e/year (location based)
Renewable Energy Share:0%
Total Energy Consumption:34,734,015 kWh/year
Carbon Intensity:49 tCO2e per £m turnover (FY23)

ESG Focus Areas

  • People
  • Health and Safety
  • Responsible Policies and Practices
  • Social Responsibility
  • Governance
  • Environment
  • Climate Change

Environmental Achievements

  • 8.8% reduction in scope 1 & 2 emissions
  • Transitioned to more sustainable packaging
  • Increased use of reusable plastic pallets to minimize waste
  • One US subsidiary established a purchasing agreement for Bio-tub® containers (biodegradable)
  • Animax's Tracesure™ boluses approved for use by organic farmers (EU until 2023, then UK only)
  • Research confirmed Crystalyx™ feed blocks lead to a significant reduction in methane output

Social Achievements

  • Launched Employee Assistance Programme in 2021, expanding support in FY23
  • Launched Carr’s Week, supporting various community projects and charities
  • Continued funding to Carlisle Youth Zone and Cumbria Community Foundation (UK)
  • Animal Feed Supplement, Inc. donated to various local charities (USA)
  • Carr’s Engineering Skills Academy supporting apprenticeships

Governance Achievements

  • Established Environmental Steering Group and Green Teams at all sites
  • Improved reporting on climate-related risks and opportunities (TCFD aligned)
  • Implemented a multi-tier approach to health and safety auditing
  • Updated Code of Ethics
  • Improved internal communications strategy

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Achieve a 3.4% year-on-year energy reduction
Short-term Goals:
  • Complete climate scenario analysis
  • Establish methodology for reporting Scope 3 emissions

Environmental Challenges

  • Historically high input costs in Speciality Agriculture
  • Depressed demand for nutritional supplements
  • Drought in the USA impacting cattle numbers
  • Economic downturn impacting UK markets
  • Increased costs of raw materials
  • Supply chain disruptions due to extreme weather events
  • Increased reporting requirements for emissions
  • Potential for climate-related litigation
Mitigation Strategies
  • Dual suppliers from different regions
  • Can supply from different regions
  • Can store additional product
  • Absorb costs where possible
  • Continuous monitoring and development
  • Setting plans to transition to renewables
  • Procured green electricity contracts
  • Team development and succession planning
  • Voluntary environmental teams set up at each site
  • Sites working to 5S standards
  • Emissions offsetting to be reviewed

Supply Chain Management

Responsible Procurement
  • Utilizing ethically managed and sustainable sources (where possible)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Drought
  • Flooding
Transition Risks
  • Increased costs of changing to lower emission technology
  • Increased costs of raw materials
  • Changing agricultural practices
  • Difficulties in accessing capital
  • Changes in governmental strategy
  • Increased costs of energy
  • Enhanced obligations for reporting emissions
  • Climate litigation
  • Rising costs of carbon offsetting
  • Consumer risk
  • Employee risk
  • Investment risk
Opportunities
  • Create products that adapt to various farming conditions
  • Offer customers nutrition solutions that reduce carbon impact
  • Support low carbon energy sources (nuclear sector)
  • Develop supplementary protein products

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001, ISO 45001, ISO 9001

Third-party Assurance: Externally verified

Sustainable Products & Innovation

  • Bio-tub® containers
  • Tracesure™ boluses
  • Crystalyx™ feed blocks

Awards & Recognition

  • Bendalls Engineering’s 2023 “Empowering the Next Generation” award