Our Approach to Sustainability
Our new ESG strategy has three pillars. Firstly, we will inspire people to make climate-smart transport decisions and do all we can to help the nation transition to electric mobility; secondly, we will support customers by giving them a greater sense of control over their mobility through the evolution of products, services and solutions; thirdly, in line with our commitment to support customers through a lifetime of motoring and cycling, we will set an example by making a lifetime commitment of our own – to make our business carbon neutral by 2050.
We are committed to introducing a more structured approach to measuring and reporting key metrics, including recycling, waste reduction and Greenhouse Gas (“GHG”) emissions. By FY21 we plan to have added Scope 3 to our existing Scope 1 and Scope 2 GHG reporting, and to have introduced targets for reductions in GHGs mapped against the UN Sustainable Development Goals.
Our Scope 3 reporting will incorporate emissions from our purchased goods, services and capital goods. In setting targets for further emissions reductions we will use a methodology consistent with the Science Based Target Initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Initiative, WWF and We Mean Business Coalition.