GlobalData offers a comprehensive analysis of Grafton, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Grafton’s ESG performance. GlobalData’s company profile on Grafton offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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Grafton, a Dublin-based company, has sustainability as a focal point and aims at reducing its carbon emissions to tackle climate change. As part of its sustainability strategy, the company focuses on lowering greenhouse gas (GHG) emissions, investing in renewable energy generation while lowering operational waste. Grafton reveals its emission data and targets in its 2022 ESG report.

In 2022, the company accomplished a 3% absolute reduction in tCO2e compared to 2021 and a relative 11% reduction in Scope 1 and 2 tCO2e concerning revenue versus 2021. Its 2022 emission data was as follows: The company's combined Scope 1 and 2 emissions reached 49,973 tCO2e. Within Scope 1, covering direct emissions, the on-site fuel usage for heating or process activities, encompassing fuels like oil, gas, kerosene, and LPG, along with emissions from company transport (including petrol, diesel, and other fuels for trucks, vans, cars, loaders, shunters, forklift trucks, or similar transport), amounted to 37,216 tCO2e. In Scope 2, which involves indirect emissions from electricity and district heating procured by the Grafton Group, the emissions totaled 12,758 tCO2e.

The company has future plans and targets as part of its plan to address climate change. The company's objectives encompass a yearly 2% decrease in tCO2e per £m revenue, utilizing 2021 as the baseline year. Additionally, in 2024, the company aims to calculate and establish Science-Based Targets for Scope 3 tCO2e emissions throughout its value chain. In addressing operational sustainability, the company targets a 15% reduction in total operational waste tonnage per £m revenue, also referencing 2021 as the baseline year. Grafton also has plans to include investments in sustainable practices and promote efficient use of natural resources. The company is committed to strengthening resilience to climate-related hazards and improving education and awareness on climate change mitigation. Grafton also emphasizes governance, ethical business practices, supply chain management, and carbon data reporting.

In conclusion, Grafton is committed to reducing its carbon emissions in an effort to address climate change. The company has set specific goals related to various sustainability aspects and has taken steps to reduce emissions and promote sustainable practices. Grafton's achievements include initiatives in sustainable living and working, community engagement, and ethical business practices. The company's sustainability efforts demonstrate its commitment to addressing climate change and promoting a sustainable future.

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