Galliford Try Holdings PLC Commitment to achieving Net Zero carbon by 2030 (3972D)
29 June 2021 - 04:00PM
UK Regulatory
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RNS Number : 3972D
Galliford Try Holdings PLC
29 June 2021
Galliford Try committed to achieving Net Zero carbon by 2030
Galliford Try Holdings plc, the UK construction group, has
pledged to achieve Net Zero carbon across its own operations by
2030, and Net Zero across all activities by 2045 at the latest.
As a progressive business, committed to doing the right thing,
Galliford Try recognises the urgency of the climate change agenda
and champions the role it has to play in decarbonising the economy
for a greener, more sustainable future.
To provide a clear route to reduce greenhouse gas emissions, the
Group has committed to achieving a verifiable science-based target
validated by the Science Based Targets initiative (SBTi). In doing
so, Galliford Try has joined the Business Ambition for 1.5degC to
limit global warming to 1.5 degrees and the UN-backed campaign Race
to Zero.
Sustainability, including decarbonisation, is at the heart of
Galliford Try's strategy and further details will be provided with
the Group's annual results announcement in September 2021. Its work
across sustainable business practice has contributed to its place
as a sector-leading member of the FTSE4Good Index, an
Environmental, Social and Governance benchmarking series.
Update on Net Zero progress
Galliford Try is already well advanced on its carbon reduction
journey across its own operations, having reduced carbon dioxide
equivalent emissions (Scope 1, 2 and operational Scope 3) by 62%
from 2012 to 2020. The business has voluntarily reported its direct
greenhouse gas emissions since 2012 and had them verified to ISO
14064-1, an international standard for the reporting and removal of
greenhouse gas emissions that contributes to the UN's Sustainable
Development Goals for Climate Action.
Galliford Try's success in significantly cutting emissions to
date has been achieved through a focus on the areas that contribute
to the majority of its own carbon emissions, including:
-- Using renewable energy sources, where possible, for permanent
offices and supporting electric vehicle use with charging points at
its workplaces.
-- Encouraging the use of electric or hybrid vehicles, which
currently represent 36% of the total vehicle fleet and have helped
reduce average carbon emissions across the company fleet from
133g/km in 2011 to 86g/km in 2020.
-- Promoting the use of electric and alternatively-fuelled plant on sites.
-- Earlier grid connections to minimise diesel use on projects.
-- Operating an Agile Working policy since 2018 and maximising
the use of technology to reduce travel and improve work-life
balance.
The Group is confident about achieving Net Zero across its own
operations by 2030 through further reduction measures, many of
which are aligned to the Construction Leadership Council's
CO2nstruct Zero priorities.
The Group's ongoing focus on digitalisation, where it has
award-winning technical services such as Building Information
Modelling (BIM) capability, will be a major enabler of designing
buildings and infrastructure with lower emissions and reduced
whole-life carbon.
Bill Hocking, Chief Executive of Galliford Try, commented:
"Climate change is one of the greatest challenges we face as a
society and we are determined to play our part in minimising our
own carbon footprint and ensuring the long-term sustainability of
the buildings, infrastructure and services we provide. We are
already well-progressed on our carbon journey and are working with
clients and suppliers to achieve Net Zero carbon ahead of the UK's
target date. We are leading the way with research projects such as
the re-engineering and analysis of our Optimum Schools solution
that has allowed us to benchmark and provide solutions that reduce
both operational and embodied carbon. This capability enables us to
offer our clients carbon advice across the lifecycle of any project
in our chosen sectors, working closely with our aligned supply
chain partners, innovators and clients.
We are pleased to have made this latest step on our carbon
journey and we look forward to delivering on our ambitions."
Galliford Try 01895 855001
Bill Hocking, Chief Executive
Andrew Duxbury, Finance Director
Kevin Corbett, General Counsel & Company Secretary
Notes to Editors
Galliford Try is a trading name of Galliford Try Holdings plc, a
leading UK construction group listed on the London Stock Exchange.
Operating as Galliford Try and Morrison Construction, the group
carries out building and infrastructure projects with clients in
the public, private and regulated sectors across the UK.
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