Successful supplier engagement day for Agratas
14 Oct 2024In partnership with Agratas, we invited Somerset businesses from various sectors to hear about future supplier opportunities.
We're excited to announce a further strengthening of our commitment to decarbonisation, with the validation of our science-based Net Zero target by the Science Based Targets initiative (SBTi).
The announcement follows the completion of a rigorous assessment of our near and long-term emission reduction targets against the SBTi’s Corporate Net-Zero standard.
The standard provides a clear, consistent and science-based definition of net zero, allowing companies to align their near and long-term emission reduction targets with the Paris Agreement’s goal of keeping planetary warming to 1.5°C.
Crucially, it requires the inclusion of all material sources of emissions, including indirect Scope 3 emissions, and prioritises deep emission reductions of 90-95% by no later than 2050. Residual emissions must be permanently neutralised in line with SBTi criteria before reaching net zero.
We have committed to reducing absolute scope 1, 2 and 3 GHG (Greenhouse Gas) emissions from purchased goods and services 42% by 2030 and 90% by 2045 from a 2020 base year, building towards an overall commitment to reach net zero greenhouse gas emissions across the value chain by 2045.
We are proud to have developed a net zero action plan to ensure immediate and sustained action is taken towards our approved targets.
The action plan focuses on 4 key areas:
It will support our clients and supply chain partners to achieve their own net zero ambitions by leveraging the contractor's expertise and collaborating on innovative low and zero carbon solutions.
Our targets and summary pathway to net zero can be found here.
Read more From Simon Leek, Company Carbon Manager at Sir Robert McAlpineIn the absence of policy and regulation, voluntary standards such as the SBTi’s Net-Zero standard are essential for providing a common, transparent, and science-based approach to net zero, and building credibility within the construction industry.
In the absence of policy and regulation, voluntary standards such as the SBTi’s Net-Zero standard are essential for providing a common, transparent, and science-based approach to net zero, and building credibility within the construction industry. The standard has enabled us to set ambitious and credible science-based net zero targets that align to our own carbon principles of: 'Don’t delay', 'Be brave', 'Collaborate', 'Reduce' and 'Transparency'. Delivering our Net Zero plan will not be easy, but it’s increasingly clear that the industry no longer has the luxury of failure
In partnership with Agratas, we invited Somerset businesses from various sectors to hear about future supplier opportunities.
The Forge picked up top honours in the Innovation category, whilst 1 New Park Square (Edinburgh Park) was named winner of the Commercial Workplace Award.
Watch recent drone footage showing the progress being made on the construction of the National Rehabilitation Centre (NRC) near Loughborough.