Low carbon products, low carbon business

To reduce our climate impact, we’re focusing on:

• In FY22/23 we reduced our carbon footprint for our own operations (scope 1 and 2 emissions) by 52.7%, against a FY16/17 base year. This is our first step towards achieving net zero emissions by FY40/41.
• Actions during the FY22/23 included continued roll-out of LED lighting in stores, installing or retrofitting air source heat pumps across our Screwfix stores in the UK, and the trialling and deployment of more sustainable fuels and electric vehicles across our delivery fleets. As of 31 January 2023, over 500 of Screwfix’s 872 stores were heated with air source heat pumps, with further roll-out expected this year.
• Our scope 3 target requires us to achieve a 40% reduction (per £’million turnover) from purchased goods and services and use of sold products by 2025, against a FY17/18 base year. In FY21/22, we have reduced emissions from energy-using products by 1.4 million tonnes of CO2e since 2017/18. This takes account of a product’s estimated lifetime carbon emissions from energy use. This has reduced the intensity of our emissions from the supply chain and customer use of products by 19.7%, meaning we are on track to meet our target of 40% by 2025. Further progress will be reported in our FY22/23 Responsible Business Report, to be published in Q2 2023.