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Browns Fasteners Ltd's Climate Report
Submitted on 2024-11-13
Introduction *
1.1 Reporting year*
2024
1.1.1 Reporting period*
from 4.2023 to 4.2024
1.2 Describe your business activities*
Sales and distribution of standard and non-standard fasteners and components to a wide range of industries including rail, petro-chemical, bridge, structural and engineering.
1.4 Number of employees in the reporting year*
16
1.4.1 Full-time equivalent (FTE) or headcounts*
Full-time equivalent
1.5 Let us know if your company is a parent company or subsidiary*
Not applicable
Commitment and Targets *
2.1 Net zero target year*
2040
2.1.1 Base year*
2024
2.2 Near-term target*
50% of absolute total reducción de emisiones desde mi año base en 2030
2.3 Provide any additional comments or context on your net zero and near term targets.*
-
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*
148653 kwh
3.3 Renewable energy*
24000 kwh
Scope 1 emissions
3.4 Scope 1 emissions*
5210 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions*
30.3 metric tons CO2e
3.6 Market based scope 2 emissions*
-
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.*
We are investing in electric vehicles and improvements to our offices to reduce our elec & gas bills.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.*
We have used the NORMATIVE calculator to get the Scope 2 emissions. Scope 1 emissions have been taken from invoices & statements.
Value Chain Emissions (optional)
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?*
No
4.1.1 Total scope 3 emissions*
-
Supply chain related - upstream emissions
Customer related - downstream emissions
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?*
-
-
4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*
No
4.2.1 What percentage of your suppliers have you asked?*
-
4.3 Have you communicated your commitment and actions to any of your customers?*
Yes
4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.*
-
Climate Solutions (optional)
5.1 Do you classify any of your existing goods and/or services as a climate solution?*
Yes
5.2 What percentage of your total revenue comes from sales of climate solutions?*
60 %
5.3 Provide descriptions/names of your climate solutions:*
a large portion of our business is supplying to Rail transportation companies/manufacturers like Siemens & Hitachi who are global leaders in manufacturing electric trains and associated infrastructure.
5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*
-
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.*
Governance process in place, Person is responsible for climate strategy at board level
6.1 Explain*
-
6.1.1 Please describe their position and responsibility.*
Peter Weeks - Associate Director. Implementing changes within the business.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*
Yes
6.2 Have you started to identify and assess your companies climate risks and opportunities?*
No - we plan to in the next 1-5 years
6.2.1 Where are the climate risks you've identified?*
-
6.2.1 Explain*
-
6.2.2 How are you managing these climate risks? Choose as many as are applicable.*
6.2.2 Explain*
-
6.2.3 Provide any additional comments or context on your climate risks:*
-
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*
Yes
We have developed and published a mission statement and are reporting via SME Climate Hub.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*
Yes
Investment in Electronic Vehicles
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.*
Our plan is to monitor data on a more regular basis and to improve our knowledge on how to make this data more beneficial to the company.
7.2 Do you face any key challenges in reducing emissions?*
Limited control over energy use in buildings, Electrifying the vehicle fleet and/or cutting transport emissions, Complexities in managing supply chain emissions, Insufficient funding, Limited influence over suppliers
Specify other challenges*
-
7.3 Has there been any third party validation of the data submitted in this report?*
No
-
Browns Fasteners Ltd's Climate Report
Browns Fasteners Ltd's Climate Report - 2024
Introduction *
1.1 Reporting year*
2024
1.1.1 Reporting period*
from 4.2023 to 4.2024
1.2 Describe your business activities*
Sales and distribution of standard and non-standard fasteners and components to a wide range of industries including rail, petro-chemical, bridge, structural and engineering.
1.4 Number of employees in the reporting year*
16
1.4.1 Full-time equivalent (FTE) or headcounts*
Full-time equivalent
1.5 Let us know if your company is a parent company or subsidiary*
Not applicable
Commitment and Targets *
2.1 Net zero target year*
2040
2.1.1 Base year*
2024
2.2 Near-term target*
50% of absolute total reducción de emisiones desde mi año base en 2030
2.3 Provide any additional comments or context on your net zero and near term targets.*
-
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*
148653 kwh
3.3 Renewable energy*
24000 kwh
Scope 1 emissions
3.4 Scope 1 emissions*
5210 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions*
30.3 metric tons CO2e
3.6 Market based scope 2 emissions*
-
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.*
We are investing in electric vehicles and improvements to our offices to reduce our elec & gas bills.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.*
We have used the NORMATIVE calculator to get the Scope 2 emissions. Scope 1 emissions have been taken from invoices & statements.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?*
No
4.1.1 Total scope 3 emissions*
-
Supply chain related - upstream emissions
Customer related - downstream emissions
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?*
-
-
4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*
No
4.2.1 What percentage of your suppliers have you asked?*
-
4.3 Have you communicated your commitment and actions to any of your customers?*
Yes
4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.*
-
Climate Solutions (optional) *
5.1 Do you classify any of your existing goods and/or services as a climate solution?*
Yes
5.2 What percentage of your total revenue comes from sales of climate solutions?*
60 %
5.3 Provide descriptions/names of your climate solutions:*
a large portion of our business is supplying to Rail transportation companies/manufacturers like Siemens & Hitachi who are global leaders in manufacturing electric trains and associated infrastructure.
5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*
-
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.*
Governance process in place, Person is responsible for climate strategy at board level
6.1 Explain*
-
6.1.1 Please describe their position and responsibility.*
Peter Weeks - Associate Director. Implementing changes within the business.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*
Yes
6.2 Have you started to identify and assess your companies climate risks and opportunities?*
No - we plan to in the next 1-5 years
6.2.1 Where are the climate risks you've identified?*
-
6.2.1 Explain*
-
6.2.2 How are you managing these climate risks? Choose as many as are applicable.*
6.2.2 Explain*
-
6.2.3 Provide any additional comments or context on your climate risks:*
-
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*
Yes
We have developed and published a mission statement and are reporting via SME Climate Hub.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*
Yes
Investment in Electronic Vehicles
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.*
Our plan is to monitor data on a more regular basis and to improve our knowledge on how to make this data more beneficial to the company.
7.2 Do you face any key challenges in reducing emissions?*
Limited control over energy use in buildings, Electrifying the vehicle fleet and/or cutting transport emissions, Complexities in managing supply chain emissions, Insufficient funding, Limited influence over suppliers
Specify other challenges*
-
7.3 Has there been any third party validation of the data submitted in this report?*
No
-
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