Travis Perkins has announced that it is making good progress towards the ambitious Science Based Targets initiative (SBTi), a set of accredited carbon targets. The company first announced its participation in the initiative last year.
It is reported that the group’s implementation of carbon data reporting, introduction of alternative fuel technologies and electric charging points, as well as the roll-out of an efficient fleet management system are “driving the first phase of carbon reduction” for its fleet.
In addition, the driver incentive scheme that aims to get more miles to the gallon has reportedly helped reduce the carbon emissions associated with the group’s vehicle deliveries to customers by 5% over a 24-month period.
After moving to a 100% renewable electricity tariff in November 2021, the company now generates 1,000 tonnes less carbon emissions per month across the group’s UK-based operations. Travis Perkins also reports that installations of energy saving solutions such as LED lighting and solar panels are “well under way” as they continue to mitigate emissions of its estate further.
The business is also said to be liaising with colleagues, customers and suppliers to help reduce the carbon footprint of its supply chain as part of the broader Scope 3 emissions commitment, which reportedly includes the upskilling of colleagues in sales and commercial.
There are also a number of fleet initiatives in the pipeline that will significantly reduce carbon emissions for the future, including the continued rollout of electric fork lift trucks and sustainably sourced Hydrotreated Vegetable Oil (HVO) as a replacement fuel for diesel in vehicles. HVO, which can reduce carbon dioxide by up to 90% compared to diesel, is now available across 30 branches and will soon support over 200 vehicles.
Alan Williams, CFO of Travis Perkins, said: “As a leader in the industry, we see it as our responsibility to help our customers and suppliers to reduce the carbon footprint in our supply chain so we can help build better communities.
“Our colleagues have shown great drive and determination to support this agenda, and this, combined with the investment in and implementation of a whole raft of initiatives, has led to strong progress, and shows that our ambitious SBTi accredited targets are achievable. They remain consistent with the 1.5 degree pathway of the Paris Agreement, and are very much in line with the clear roadmaps we have published for the delivery of our plans.”