Annual report and accounts 2023 - Flipbook - Page 46
A.G. BARR p.l.c. Annual Report and Accounts 2023
Responsibility report continued
We respect the environment continued
In focus
100 Litre Challenge
Our No Time To Waste programme is not only
about achieving our environmental sustainability
goals – it is also about encouraging our
employees to take personal responsibility.
To mark World Water Day in March 2022, we
issued our employees with a 100 litre challenge.
For one day, we challenged employees to see if
they could cut their personal water consumption
to just 100 litres. Using a purpose-built intranet
portal, we used engaging content to share
details of where everyone is potentially wasting
water – and what simple steps they can take to
reduce water waste.
Our suppliers must acknowledge their compliance on
an annual basis through our stringent supplier approval
process, which uses questionnaires and audits to
confirm adherence to our standards across a broad
range of requirements. For many years we have used the
Supplier Ethical Data Exchange (Sedex) platform, a
not-for-profit global membership organisation dedicated
to driving improvements in ethical and responsible
business practices. We also use the Sedex Supplier
Approval Questionnaire as an important secondary
validation step which allows independent benchmarking
of suppliers on a consistent measurable basis.
The output from these questionnaires also allows
us to collaborate and engage with our suppliers to set
objectives and action plans to deliver sustainable and
continuous improvements. This includes active and
ongoing dialogue with our key suppliers – their actions
support the delivery of our Scope 3 science-based
targets, and ultimately our net-zero ambition.
Materiality and stakeholder engagement
We regularly engage with internal and external
stakeholders to ensure that our responsibility agenda
is addressing the material issues.
Governance
Our responsibility agenda is integrated into our
strategic, financial and business planning, as well
as our risk management processes, with ultimate
accountability sitting with the Board.
Our Executive teams are responsible for the delivery
and execution of our responsibility actions and
programmes, supported where appropriate by
sub-committees and functional or project teams.
Further information on the governance of our
climate-related risks and opportunities is detailed
in our TCFD disclosures on pages 44 to 53.
Independent assurance
We continued to work with third-party auditors, the
Carbon Trust, across the past 12 months. They have
completed an audit and verification of our Group
operations for Scope 1 and Scope 2 emissions for the
year ended January 2022, and verification for the year
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ended January 2023 is underway. Having developed
the world’s first certification for organisational CO2e
Reduction Standard and product carbon footprints,
the Carbon Trust is the leading carbon footprint
certification body.
Our Scope 1 and 2 greenhouse gas emissions for the
year ended January 2022 have been verified against
the ISO 14064-3 standard.
During 2022 we were also pleased to maintain our Aclimate change rating with the Climate Disclosure Project
(CDP). CDP is a not-for-profit charity that runs a global
environmental disclosure system. CDP is widely used
and considered to be one of the most comprehensive
independent environmental data sets available. The CDP
Score Report allows us to benchmark and compare our
environmental stewardship with peers, and provides
additional information that can help inform our forwardlooking improvement programmes.
Task Force on Climate-related Financial Disclosures
The Task Force on Climate-related Financial Disclosures
(TCFD) provides a framework for companies to report
the potential financial impacts from climate change on
their business, as well as reporting the progress made
by the organisation against the targets set to mitigate
climate-related risks and to reduce its impact on
the environment.
This framework is designed to help investors and wider
stakeholders understand how businesses are managing
climate-related financial risks, across four key areas:
Governance – setting out the respective roles of the
Board and management team in managing risks and
opportunities.
Strategy – identifying risks and opportunities over
different time horizons and explaining how these
impact strategic and financial planning.
Risk Management – having processes in place for
managing identified risks and including these within
the overall risk management framework.
Metrics and Targets – explaining how both climate
change impact and exposure to risks are measured,
setting targets and tracking ongoing progress.
