MITIE Group PLC · LSE:MTO
MITIE — ESG Presentation (July 2021)
48 slides from MITIE's sustainability presentation, Jul 21, 2021
Slide 1: The Carbon Challenge, how your organisation can beat the rising cost of carbon
The Carbon Challenge, how your organisation can beat the rising cost of carbon planzerocarbon.com @Mitie Plan Zero The exceptional, every day 1
Slide 2: Welcome
Welcome Mike Sewell Plan Zero Director, Mitie The exceptional, every day
Slide 3: Agenda
08:30-08:40 | Mike Sewell – Mitie: Welcome Agenda Agenda 08:40-08:50 | Alan Whitefield – Mitie: The price of carbon and what it means 08:50-09:00 | Stephanie Parker – BEIS: Developing policy landscape for commercial and industrial buildings ç 09:00-09:10 | Tim Sullivan - Rolls Royce: Reducing our ca
Slide 4: The price of carbon and what it means
The price of carbon and what it means Alan Whitefield Research Manager, Mitie
Slide 5: What is carbon and why is there a price for carbon?
What is carbon and why is there a price for carbon? 44% Auction 156,000,000 allowances
Slide 6: Carbon market prices
Carbon market prices Since November, the carbon price has risen from €23 to €58/tonne As recently as 2017, the price of carbon allowances was as low as €5/tonne ICE EUA Carbon settlement price, Dec 20 (Jul-Dec 20) and Dec 21 (Jan-Jul 21) contracts - € /tonne
Slide 7: Carbon market price drivers
Carbon market price drivers Economy Policy Output Speculation Fuels Weather
Slide 8: Forward price projections for carbon
Forward price projections for carbon Polls taken from carbon analysts offer wildly differing views on how high carbon prices could go.
Slide 9: What does it mean for your business?
What does it mean for your business? Buy energy smarter Reduce Fix energy energy costs with use PPAs How to avoid excessive energy costs? Invest in on-site renewable Participate generation in carbon offset schemes 9
Slide 10: Thank you
Thank you planzerocarbon.com @Mitie Plan Zero 10
Slide 11: Developing policy landscape for commercial buildings
Developing policy landscape for commercial buildings Stephanie Parker Head of Business Strategy – Energy Efficiency and Local, BEIS The exceptional, every day
Slide 12: Net Zero & Commercial and Industrial Buildings
Net Zero & Commercial and Industrial Buildings Stephanie Parker Head of Business Strategy – Energy Efficiency and Local Stephanie.Parker@beis.gov.uk BEIS
Slide 13: Prime Minister quote on Net Zero by 2050
“The UK has made a historic commitment to reaching Net Zero emissions by 2050 and bringing business along with us will be crucial in our transition to a low carbon economy. As we approach COP26, I see a unique opportunity to mobilise the UK’s business community and showcase UK plc as a global leader
Slide 14: What does the building stock look like?
What does the building stock look like? All Private ND Buildings, England and Wales 70% 60% 50% 40% 30% 20% 10% 0% Micro (<50) Small (51-250) Medium (251-1000) Large (>1000) Size of Building (m2) Building Number (%) Total Floor Area (%) Total Energy Use (%)
Slide 15: Performance Based Policy Framework
Performance Based Policy Framework REGISTER WITH ASSESSOR VISITS BUILDING IS PERFORMANCE RATING RATING PROVIDED AND BUILDING SUBMITS ASSESSOR VISITS SCHEME BUILDING TO COLLECT COMPARED TO IS GENERATED PUBLISHED ONLINE DATA ANNUALLY BUILDING EVERY FOUR ADMINISTRATOR DATA RELEVANT BENCHMARK YEARS 15
Slide 16: Non-Domestic PRS Regulations
Non-Domestic PRS Regulations • In 2019 and again this year the Government consulted on how to tighten the non-domestic private rented sector (PRS) minimum energy efficiency standards (MEES). • We confirmed in the Energy White Paper that Government would regulate to raise MEES to EPC B by 2030 where
Slide 17: Where else might Government regulate?
Where else might Government regulate? • We are considering the last remaining section of the stock, which is smaller owner occupied stock • Government will also need to lay out it’s plans to transition away from fossil fuel heating systems • MHCLG remain the lead Department for new builds and buildi
Slide 18: Key links
Key links 10 Point Plan Booklet: https://www.gov.uk/government/publications/the-ten-point-plan-for-a-green-industrial- revolution/title Energy White Paper: https://www.gov.uk/government/publications/energy-white-paper-powering-our-net-zero-future Race to Zero: https://racetozero.unfccc.int/ Non-dome
Slide 19: Rolls Royce: Reducing our carbon impact
Rolls Royce: Reducing our carbon impact Tim Sullivan Director, Energy & Asset Management, Rolls Royce
Slide 20: Rolls-Royce Sustainability & Net Zero Carbon
Rolls-Royce Sustainability & Net Zero Carbon Tim Sullivan, Director Energy & Asset Management July 2021 Net zero carbon for Rolls-Royce refers to the systems level reduction of value chain greenhouse gas emissions, in line with a 1.5ºC trajectory, and balancing the impact of any remaining greenhouse
Slide 21: We are a global power group and we champion sustainable power
We are a global power group and we champion sustainable power 2020 Total Value C hain Emissions Sc ope 1& 2 Emissions - 340 ktC O2e O perations – 229 ktC O 2e Product Test – 111ktC O 2e Scope 3 Emissions – 276 mtC O2e Purchased goods and Services – 5 mtCO2e Use of sold products – 270 mtC O 2e
Slide 22: Our Decarbonisation Plan on a Page
Our Decarbonisation Plan on a Page We have pledg ed to achieve net zero c arbon in our operations by 2030 and be a net zero c arbon business by 2050 Current Operations emissions = 681 L H R <> SIN flights (ICAO Carbon Calculator) 3 Private |© 2019Rolls-Royce |Not Subject toExport Control
Slide 23: Highlights: Operations Decarbonisation
Highlights: O perations Energ y Use (MWh) • 52% reduction in GHG emissions since 2014 & GHG Emissions (ktC O 2e) and emissions decoupled from energy use (MWh) (ktCO2e) • Energy use broadly flat despite good 1,600,000 500.0 business growth over the period 2014 - 2019 450.0 Operations 1,400,000 400.0
Slide 24: Private |© 2021Rolls-Royce |NotSubject toExport Control
5 Private |© 2021Rolls-Royce |NotSubject toExport Control
Slide 25: University of Sussex: Our plan to reach net zero by 2035
University of Sussex: Our plan to reach net zero by 2035 Samantha Waugh Sustainability Manager, University of Sussex
Slide 26: Sustainable Sussex
SUSTAINABLE SUSSEX The Carbon Challenge – how organisations can beat the rising costs of carbon 21 July 2021 Sam Waugh (Sustainability Manager)
Slide 27: Our Vision
Our Vision SUSTAINABLE SUSSEX: ONE OF THE MOST SUSTAINABLE UNIVERISITIES IN THE WORLD
Slide 28: Our Aims
Our Aims ETHICAL EDUCATORS DECARBONISING THE ECONOMY Net zero by 2035 @® Students as partners and innovators © Sustainability taught within all degrees Excellent carbon accounting rb) Sustainable research practices Decarbonised energy infrastructure © Supporting equality, diversity and inclusion Ene
Slide 29: Our Aims
Our Aims CIVIC LEADERS AND PARTNERS ENVIRONMENTAL CHAMPIONS ° oO. BS v a 5.0 50% of waste recycled by 2025 Sustainable supply chain Responsible food and water production and consumption 6) Active and sustainable commuting Better business travel Biodiverse campus (ay) Community volunteering and impac
Slide 30: Our Sustainability Road Map
OUR SUSTAINABILITY ROAD MAP 202 Ness coal Sos oon 02a Ps 2023 2022 Sustainability Big biodivorsity in all degrees conversation 2024 Sustainable water targets and plans recycled io 2026 = eye ey P= i Energy efictency improvements identified for whole estate OUR ROADMAP
Slide 31: Our Challenges
Our Challenges • We estimate our full 2018/19 carbon footprint to be around 100,670 tCO2e. • Left unabated we predict a ~50% increase by 2035 • Predicted cost of reaching net zero by 2035 of ~£13.8 million less than the cost of reaching it by 2040. • Change in mindset from what’s cheapest today to c
Slide 32: Opportunities: Four P's
Opportunities: Four P’s UNIVERSITY RANKINGS BY SUB ist
Slide 33: Spotlight: Procurement
Spotlight: Procurement 9 Sustainable Procurement Principles - 3 Economic - 3 Environmental - 3 Social Net zero target and action plan mandatory for non SMEs
Slide 34: Spotlight: Investments
Spotlight: Investments 2018: We selected Liontrust as an investment manager ~29% of the fund is invested in companies focused on better resource efficiency Investments in this fund emit 76.1% less carbon emissions than the market benchmark (2020 Analysis, Scope 1 and 2 emissions only) The fund does
Slide 35: Spotlight: Infrastructure
Spotlight: Infrastructure Begin to invest in lower carbon infrastructure by December 2026, producing feasibility studies by December 2021 on: • Replacement of our Combined Heat and Power Plant with a low carbon alternative • Expanding our renewable energy production • Creating a new sustainable tran
Slide 36: Spotlight: Energy Efficiency
Spotlight: Energy Efficiency • Producing investment opportunity analysis of the 20% of our most poorly performing buildings and business cases for improvements by 2023 • Developing minimum environmental product standards for the furnishings and fixtures that we buy for our estate by December 2022 •
Slide 37: KPI
KPI Achieve net zero by 2035 with indicative interim targets for 2025 and 2030
Slide 38: Thank you!
Thank you! Contact: s.waugh@sussex.ac.uk https://www.sussex.ac.uk/about/sustainable-university
Slide 39: A whole estate approach to eliminate carbon
A whole estate approach to eliminate carbon Mike Sewell Plan Zero Director, Mitie The exceptional, every day
Slide 40: Plan Zero: Delivering Decarbonisation
Plan Zero: Delivering Decarbonisation Our operating model follows a simple A-E methodology with three key pillars drawing expertise from within Mitie. Infrastructure The physical and human infrastructure that keeps an organisation operational Resources Essential resources used to keep an organisatio
Slide 41: A holistic approach to decarbonising
A holistic approach to decarbonising 6 10 1 5 4 2 8 2 9 3 1 4 2 3 7 1 1 2 3 1 NET-ZERO PATHWAY 1 CONNECTIVITY & MONITORING 6 FABRIC & INSULATION 1 EV CHARGING INFRASTRUCTURE 1 INCREASE BIODIVERSITY 2 CARBON ENVIRONMENT MANAGEMENT SYSTEM 2 CONTROLS & METERING 7 RENEWABLE HEATING & COOLING 2 ELECTRIC
Slide 42: Net Zero for Zero Cost?
Net Zero for Zero Cost? 2,500 Stage 1: Efficiency Measures and CPC Implemented Stage 2: Decarbonisation of Heating Systems, Electrification of Fleet & Waste Reduction Initiatives Site 1- Boiler Removal & Waste reduction measures EV Replacement Phase 1 2,000 Site 2 - Boiler Removal / EV Replacement P
Slide 43: And How It Can Be Made To Happen
We Have Heard Today We need to De-carbonise – 4P’s We are the first generation in history to know that we are destroying the planet…. and probably the last to be Pocket Public Policy Planet able to do anything about it! And How It Can Be Made To Happen 43
Slide 44: Q&A
Q&A planzerocarbon.com @Mitie Plan Zero
Slide 45: Thank you
Thank you planzerocarbon.com @Mitie Plan Zero 45
Slide 46: Speaker Bios
Speaker Bio’s Tim Sullivan - Director, Energy & Asset Management, Rolls Royce Tim is responsible for the delivery of a global energy and carbon management strategy and programme that will deliver net carbon zero operations within Rolls-Royce by 2030. He also leads the asset management team that look
Slide 47: Speaker Bios
Speaker Bio’s Mike Sewell, Plan Zero Director, Mitie Mike has national and international experience in leading, developing and providing Sustainability Management, Carbon Reduction and Energy Management Services at both a strategic and tactical level. Mike by profession is a Chartered Quantity Surve
Slide 48: Speaker Bios
Speaker Bio’s Samantha Waugh, Sustainability Manager, University of Sussex Sam has an MSc in Global Politics and spent most of her career working in the Civil Service, where she regularly advised Ministers in Whitehall and Westminster in various roles, including Head of International Relations and T