Waymade Net Zero Commitment

Climate change is one of the most urgent and complex challenges of our time. It poses significant risks to our environment, health, economy, and society. As an organisation, we recognise our responsibility to take action and contribute to the global efforts to limit the rise of global temperatures to 1.5 degrees Celsius above pre-industrial levels, as set by the Paris Agreement.

That is why we have set ourselves an ambitious goal: to achieve net zero emissions by 2045. This means that we will reduce our greenhouse gas (GHG) emissions as much as possible, and balance any remaining emissions with removals or offsets from natural or technological sources. In our Carbon Reduction Plan, we will explain what this goal entails, how we plan to achieve it, and how we will measure and report our progress.

We are committed to measuring and reporting our GHG emissions in a transparent and consistent manner, in accordance with the GHG Protocol and other relevant standards and frameworks. We will work to establish a system that collects, calculates, and verifies our emissions data on an annual basis.

Our GHG emissions data and progress towards our net zero target will be made publicly available on our website. We welcome feedback and suggestions from our stakeholders and the public on how we can improve our GHG accounting and reporting practices.

Achieving net zero emissions by 2045 is a bold and ambitious goal, but we believe it is necessary and achievable. It reflects our vision and values as an organisation, and our commitment to being a responsible and sustainable leader in our industry and society. It also aligns with our strategic objectives and long-term interests, as we seek to enhance our resilience, competitiveness, and innovation in a low-carbon economy.

We recognise that this goal requires significant transformation and collaboration across our organisation and value chain. We are ready to embrace this challenge and opportunity, and to work with our employees, customers, suppliers, investors, regulators, and communities to make it a reality. Together, we can make a positive difference for our planet and our future.

Waymade plc is committed to achieving Net Zero emissions by 2045 for emissions in scope 1 and 2 of the GHG Protocol, and a defined subset of scope 3 emissions (upstream transportation and distribution, waste generated in operations, business travel, employee commuting and downstream transportation and distribution). The commitment was made on 28 March 2023 by the Board of Directors.

Waymade Carbon Reduction Plan

Waymade Carbon Reduction Plan 2023