Shareprice

EXECUTIVE RESPONSIBILITY:

Company Secretary

LINK TO FOUNDATIONS:

Smart operations

LINK TO PRINCIPAL RISKS:

Brand damage, climate change

OUR TARGETS:

  • Reduce like-for-like electricity consumption by 5% in FY20.
  • Reduce car fleet emissions by 2% p.a. to FY25.
  • Increase miles per gallon (mpg) by 2% p.a. for vehicles in our Dunelm home delivery fleet by FY21.
  • Achieve 100% diversion from landfill for all operational waste, with 80% to be recycled over the medium term.
  • Measure scope 1, 2 and 3 emissions and set reduction targets which are Paris-aligned in FY21.

OUR COMMITMENT

We are committed to minimising the impact of our business on the environment. When looking at our own operations, the focus areas are reducing energy consumption and carbon (CO2) emissions and reducing waste through recycling and careful waste management.

As part of our approach to climate change, we are measuring our carbon footprint across all of our business operations, including our products, and we will use this to inform how we can take more action to reduce our impact. See further details below:

OUR NEW APPROACH TO CLIMATE CHANGE

Responding to growing demands from our shareholders, colleagues and customers, and consistent with our shared value of long-term thinking, we have appointed Carbon Trust to help us to:

  • Measure our carbon footprint across the whole of our operations and supply chain.
  • Set an ambitious long-term carbon reduction target, that is aligned to the ‘Science-Based Targets Initiative’, and a supporting action plan which integrates carbon reduction into our decision making.
  • Carry out a climate change risk assessment, to understand the risks and opportunities for our business.

This work will be fed into our Customer 1st strategy to help us develop our focus area of ‘making sustainability accessible for all’.

We have also committed to report against the guidelines set by the Task Force for Climate-related Financial Disclosures by the end of FY22.

Our Board, Executive Board and colleagues are excited about how this work will help us to understand how we can reduce our impact on the environment, and promote the global effort to prevent irreversible climate damage.

OUR ENVIRONMENTAL POLICIES AT A GLANCE

ENERGY USE

Our current policy objective is to reduce energy usage year-on-year. We will be developing long-term energy reduction targets during FY21.

GREENHOUSE GAS EMISSIONS (CO2e)

Our current policy objective is to reduce CO2 usage year-on-year. We will be developing an ambitious long-term target during FY21.

WASTE MANAGEMENT

Our policy is to be fully compliant with all relevant waste legislation and our policy objectives are to:

  • Promote reduction, reuse, rework and recycling, and minimise non-recyclable waste across the business.
  • Reduce use of landfill and other adverse environmental impacts.