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Travis Perkins announces SBTI accreditation alo...
Travis Perkins announces SBTI accreditation alo....
About this update from Travis Perkins Plc
[{"type":"text","content":"\n \n\n\nTravis Perkins\n\n\n\nTravis Perkins announces SBTI accreditation alongside move to 100% renewable electricity02-Nov-2021 / 10:18 GMT/BST\n\n\nTravis Perkins announces SBTI accreditation alongside move to 100% renewable electricity\n\n \n\n2 November 2021: Travis Perkins plc, which is the largest supplier of building materials, and a leading partner to the construction industry, today announces that it has formally been accredited by the Science Based Targets initiative ('SBTi') who have recognised Travis Perkins' commitments to reduce its total greenhouse gas emissions.\n\n \n\nThe SBTi has formally recognised Travis Perkins' plans to reduce its scope 1 and 2 emissions by 80% before 2035 from a 2020 base year. The SBTi have also accredited the Group's plans to reduce its total scope 3 emissions by 63% within the same timeframe. This means SBTi has determined that all targets are in line with a 1.5°C trajectory. \n\n \n\nTravis Perkins has committed to investing in its buildings to continually improve energy efficiency, using low carbon, renewable energy systems where possible, while also installing energy saving solutions such as utilising LED lighting, solar panels and electric vehicle charging points across the Group's estate. Measures have also been put in place to optimise the Group's 4,000-strong transport fleet by utilising fleet management systems, transitioning to alternative fuels and adopting low carbon technology. \n\n \n\nTravis Perkins will also work with suppliers and customers to reduce supply chain emissions, in particular in-use emissions from products sold and the embodied carbon in products, as part of the broader Scope 3 emissions commitment. \n\n \n\nAlongside this SBTi accreditation, the Group also today announces that it has moved to a 100% renewable electricity tariff for all of its UK based operations. The tariff, supplied by Drax, will see all Travis Perkins businesses in the UK supplied with 100% renewable source electricity across the total UK portfolio of almost 1,700 stores, branches and offices nationwide.\n\n \n\nThe renewable sources used to generate this electricity would typically consist of a mixture of biomass, wind and solar power, and over the four-year duration of the contract, this would save an estimated 54,600 tonnes of carbon compared to cu...