Our Net Zero Transition Plan communicates the targets, actions and resources that we are deploying to enable the transformation to ‘Net Zero’ greenhouse gas (GHG) emissions.
View & Download our Net Zero Transition Plan 2024
Our Net Zero Transition Plan is a living document, setting out responses to climate-related risks and opportunities and highlighting the key initiatives that are intended to contribute to an economy-wide transition. Our transition plan should be read alongside our 2024 Sustainability Report, which includes our annual progress update on delivering our Now & Next Sustainability Strategy, which aims to contribute towards leading the transition to a low carbon, circular economy.
As part of our commitment to Net Zero, we are committed to:
Developing our plans in line with climate science.
Building innovative partnerships in the value chain to help to deliver our commitments.
Advocating for greater clarity and certainty over long-term energy strategy from policymakers.
Securing the circular economy as a key part of the solution to climate change, shifting how we make and consume resources as well as energy.
Communicating regular progress updates through clear and transparent annual reporting, with reference to the latest climate disclosure standards.
Our transition plan describes the actions we are taking to deliver our science-based target, which is a strategic investment in the long-term future of our business, particularly through combined leadership in the circular economy and climate action.
Miles Roberts
Group Chief Executive
Ambition
Our strategic ambition is a part of our Now & Next Sustainability Strategy, which includes commitments relating to Circularity, Carbon, People & Communities and Nature.
Building on a long-term record of emissions reduction, in 2022 we accelerated our decarbonisation plans by setting a 1.5°C science-based target, validated by the Science Based Targets initiative (SBTi).
Our climate-related targets are:
Reduce Scope 1, 2 and 3 GHG emissions 46 per cent by 2030 compared to 2019
Reach Net Zero GHG emissions by 2050
Encourage 100 per cent of our strategic suppliers to set their own science-based targets by 2027
In support of a 1.5°C transition to Net Zero, we are committed to considering the Paris Agreement in our business activities, including in our external engagement, as underpinned by the IPCC Sixth Assessment Report (AR6) and the IPCC Special Report on Global Warming of 1.5°C (SR1.5).
Our Now & Next Sustainability Strategy includes other commitments that supplement and support the ambition of our transition plan.
Action
In order to deliver future progress towards our science-based target, we have an ambitious roadmap of initiatives that prioritise our most significant emission sources.
We have identified three main levers that we can use to reduce our emissions, with major projects that utilise each lever underway.
Reduce
Reducing energy consumption
Reducing material consumption
Reducing waste generation
Switch
Switching to renewable energy
Adopt
Adopting new techologies
Accountability
Our transition plan includes clear metrics and targets that our teams are accountable for delivering.It describes the governance in place to deliver our Net Zero TransitionPlan.
