Our Environmental Policy states that we’re committed to reducing our environmental impact and to continually improving our environmental performance as an integral part of our business strategy. This policy ensures that we meet or exceed all relevant environmental obligations under law and regulation.
The policy is approved annually by the Group Nomination and Governance Committee. It has an accountable executive and it’s reviewed by the Group Executive Committee prior to approval. We’re also committed to supporting the economy in its transition to being carbon-neutral.
The Environmental Policy contains various commitments, including:
The below objectives are stated in our Environmental Policy:
We’re committed to promoting awareness of environmental issues amongst our employees so they can carry out activities in a more sustainable manner. We also involve our colleagues in the implementation of our policies, and use local labour and materials where available to reduce carbon dioxide.
Implementation of a robust Environmental Management System (EMS) is a key factor to improving our operating efficiency while reducing environmental impacts. Our EMS is ISO 14001 certified by a UKAS accredited external certification body.
For the first time, greenhouse gas emissions for 2020 have been reported for the OSB Group. However, this combined reporting, and the disruption to usual business practices caused by COVID-19, mean that comparisons with other years is unreliable.
We’ve reported on all of the emissions sources required under The Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 and the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 – commonly referred to as Streamlined Energy and Carbon Reporting (SECR). The emissions disclosure is verified by Interface NRM, an independent UKAS and ASI accredited Certification Body, operating in full accordance with ISO 17021 (2015) Conformity assessment: Requirements for bodies providing audit and certification of management systems, and ISO 17065 (2012) Conformity assessment – Requirements for bodies certifying products, processes and services.
We’re committed to sourcing 100% green energy across our estates and aim to develop further details of the targets we would like to achieve. These will feature transition to a low carbon economy and offsetting our carbon emission.
OSB Group PLC is a ‘quoted company’ under the Streamlined Energy and Carbon Reporting regulations so must report annually on greenhouse gas emissions from Scope 1 and 2 Electricity, Gas and Transport. This is the first reporting year so no emissions from previous years are available as a comparison.
The reporting period is the most recent financial year 01/01/2020 to 31/12/2020. This report has been compiled in line with the March 2019 BEIS ‘Environmental Reporting Guidelines: Including streamlined energy and carbon reporting guidance’, and the EMA methodology for SECR Reporting. All measured emissions from activities which the organisation has financial control over are included as required under The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018, unless otherwise stated in the exclusions statement.
The carbon figures have been calculated using the BEIS 2020 carbon conversion factors for all fuels, other than the market based electricity which has been taken from E.ON, EDF, SSE and Spark as the UK suppliers.