Radnor Hills Mineral Water Co Ltd's Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2022

1.1.1 Reporting period

*

from 6.2022 to 5.2023

1.2 Describe your business activities

*
Soft drinks manufacturer

1.4 Number of employees in the reporting year

*
225

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2045

2.1.1 Base year

*
2022

2.2 Near-term target

*

50% of intensity scope 1+2 emission reduction from my base year by 2022

2.3 Provide any additional comments or context on your net zero and near term targets.

*
An interim target of 50% reduction in Scope 1 & 2 CO2e emissions by 2030 from the 2023 baseline position has been set - Radnor commits to reduce Scope 1 and Scope 2 GHG emissions by this amount, with an ambition to also reduce Scope 3 emissions. Radnor is also committed to achieving 80% renewable electricity use by 2025 and 100% renewable electricity use by 2035, as described in the Energy Reduction Strategy in this report. These targets are consistent with a 1.5°C reduction pathway and are set in accordance with the Science-Based Targets Initiative (SBTi) guidance for SMEs. These ambitious targets are aspirational in the medium to long term and a process of constant review of progress against targets over multiple years is required to achieve success.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
19773384 kwh

3.3 Renewable energy

*
9392389 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
2433.51 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
1816.30 metric tons CO2e

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Continue to use renewable electricity tariff. Use of electricity from generated from onsite 2MW Solar PV array. Near term target - 50% Reduction of Scope 1 and 2 Emissions by 2030.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Calculated using the methodology defined in the World Resources Institute (WRI) Greenhouse Gas (GHG) Protocol and The Carbon Conversion Factors published annually by Defra on behalf of the UK Government.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
23863.62 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
15906.50 metric tons CO2e

4.1.6 Waste in operations

*
8.23 metric tons CO2e

4.1.7 Business travel

*
49 metric tons CO2e

4.1.8 Employee commuting

*
550.90 metric tons CO2e

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)

*
7022.19 metric tons CO2e

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

Radnor needs to remove carbon from our operations and wider business activities consistently each year until we reach a Net-Zero position by 2045.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
No

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
The supply chain calculation is based on the amount spent in the period with each supplier. The emissions were calculated using sector-specific carbon intensity (kg CO2e per £ pound spent) figures provided by the UK Office for National Statistics. In future years the GHG emissions from material usage will be calculated using material weight rather than spend for the more significant material purchases such as PET and Glass, as this will be more accurate than calculations based on spend. The current material GHG emissions are more likely to be an overestimate than an underestimate.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Other (please specify)

6.1 Explain

*
Senior Leadership Team in place to ensure our day-to-day activities and operations align with our commitments to company values; Community, Customers, Environmental, Innovation, People and Product. Ensuring we uphold our values this will support with our climate and sustainability strategy.

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Both operations and value chains

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve started to prioritise climate risks,We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We\'ve Identified plans for adaptation to mitigate these risks

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Materiality Matrix assessment of themes and activities within company values to identify importance to the organisation and stakeholders to identify opportunities for improvement. To then agree informed next steps and actions.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
Onsite solar PV generation, capable of providing >25% of annual electricity demand. Replacement of legacy large industry boilers to a newer and >30% energy efficient version. Phased installation of online manufacturing management system, monitoring and tracking efficiency and use of equipment to maximise operation.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 3 emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action,Insufficient policies or government incentives,Time constraints,Lack of skills and knowledge,Inaccurate or insufficient data

7.3 Has there been any third party validation of the data submitted in this report?

*

Yes

Consultancy company Go Green Experts have reviewed the companies Net Zero Strategy, which has also been submitted to SBTi for approval.

Radnor Hills Mineral Water Co Ltd's Climate Report

Radnor Hills Mineral Water Co Ltd's Climate Report - 2022

Introduction *

1.1 Reporting year

*

2022

1.1.1 Reporting period

*

from 6.2022 to 5.2023

1.2 Describe your business activities

*
Soft drinks manufacturer

1.4 Number of employees in the reporting year

*
225

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2045

2.1.1 Base year

*
2022

2.2 Near-term target

*

50% of intensity scope 1+2 emission reduction from my base year by 2022

2.3 Provide any additional comments or context on your net zero and near term targets.

*
An interim target of 50% reduction in Scope 1 & 2 CO2e emissions by 2030 from the 2023 baseline position has been set - Radnor commits to reduce Scope 1 and Scope 2 GHG emissions by this amount, with an ambition to also reduce Scope 3 emissions. Radnor is also committed to achieving 80% renewable electricity use by 2025 and 100% renewable electricity use by 2035, as described in the Energy Reduction Strategy in this report. These targets are consistent with a 1.5°C reduction pathway and are set in accordance with the Science-Based Targets Initiative (SBTi) guidance for SMEs. These ambitious targets are aspirational in the medium to long term and a process of constant review of progress against targets over multiple years is required to achieve success.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
19773384 kwh

3.3 Renewable energy

*
9392389 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
2433.51 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
1816.30 metric tons CO2e

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Continue to use renewable electricity tariff. Use of electricity from generated from onsite 2MW Solar PV array. Near term target - 50% Reduction of Scope 1 and 2 Emissions by 2030.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Calculated using the methodology defined in the World Resources Institute (WRI) Greenhouse Gas (GHG) Protocol and The Carbon Conversion Factors published annually by Defra on behalf of the UK Government.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
23863.62 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
15906.50 metric tons CO2e

4.1.6 Waste in operations

*
8.23 metric tons CO2e

4.1.7 Business travel

*
49 metric tons CO2e

4.1.8 Employee commuting

*
550.90 metric tons CO2e

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)

*
7022.19 metric tons CO2e

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

Radnor needs to remove carbon from our operations and wider business activities consistently each year until we reach a Net-Zero position by 2045.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
No

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
The supply chain calculation is based on the amount spent in the period with each supplier. The emissions were calculated using sector-specific carbon intensity (kg CO2e per £ pound spent) figures provided by the UK Office for National Statistics. In future years the GHG emissions from material usage will be calculated using material weight rather than spend for the more significant material purchases such as PET and Glass, as this will be more accurate than calculations based on spend. The current material GHG emissions are more likely to be an overestimate than an underestimate.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Other (please specify)

6.1 Explain

*
Senior Leadership Team in place to ensure our day-to-day activities and operations align with our commitments to company values; Community, Customers, Environmental, Innovation, People and Product. Ensuring we uphold our values this will support with our climate and sustainability strategy.

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Both operations and value chains

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve started to prioritise climate risks,We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We\'ve Identified plans for adaptation to mitigate these risks

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Materiality Matrix assessment of themes and activities within company values to identify importance to the organisation and stakeholders to identify opportunities for improvement. To then agree informed next steps and actions.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
Onsite solar PV generation, capable of providing >25% of annual electricity demand. Replacement of legacy large industry boilers to a newer and >30% energy efficient version. Phased installation of online manufacturing management system, monitoring and tracking efficiency and use of equipment to maximise operation.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 3 emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action,Insufficient policies or government incentives,Time constraints,Lack of skills and knowledge,Inaccurate or insufficient data

7.3 Has there been any third party validation of the data submitted in this report?

*

Yes

Consultancy company Go Green Experts have reviewed the companies Net Zero Strategy, which has also been submitted to SBTi for approval.
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