ESG
As a company committed to reducing our own and our clients’ carbon emissions, ESG is not only important to our investors and clients, but also to our employees and the Company. ESG forms the heart of our business ethos, runs through the core of our global strategy, and reinforces our commitment to responsible business practices.
Sustainability lies at the core of our business model. Leveraging our patent-protected, technically advanced technologies, along with our proficiency in designing and executing complex projects and programmes, bolstered by our highly skilled employees, we are able to deliver innovative solutions that empower our clients to achieve their net zero and water efficiency objectives. This holistic approach underscores our commitment to driving positive environmental impact and advancing sustainability goals across industries.
We recognise the importance of ESG for long-term success for the Company and we are committed to understanding, managing, and improving our ESG performance through the development of our environmental, social and governance (ESG) approach. By proactively addressing environmental impacts, promoting a flexible and diverse working environment, and fostering social responsibility, we seek to drive ESG within the business operations as we expand and grow.
A key strength of our ESG strategy is the collaboration of our internal and external stakeholders who assist with development and implementation of our goals, refine our relationship with sustainability to meet their requirements, and ensure our operations are resilient, ethical and contribute positively to the communities we operate in.
During FY24, we generated lifetime savings of over 325,000 tCO2e through our Control Flow HL2024® technology and renewable heating solutions. This is an increase of 56% on the previous year and highlights the positive role the Company plays in helping its clients towards achieving their net zero strategies.
We are proud to say the carbon savings delivered by our products and services exceed and off set our carbon emissions for Scopes 1 to 3, demonstrating our dedication to environmental sustainability through comprehensive strategies.
We are continuing to work with our specialist external ESG consultants, to report our progress and credentials accurately and consistently and to inform our ESG strategy.
Scope 1 measures our direct emissions from the operation of assets owned or controlled by the Company, and Scope 2 is the measurement of our indirect emissions that reflect the energy we purchase. Scope 3 emissions are the emissions associated with all upstream and downstream activities in a company’s value chain.
