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ASM Auto Recycling Ltd's Climate Report

Submitted on 2024-07-05

Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 3.0

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 10.2022 to 10.2023

1.2 Describe your business activities

*
We are an auto recycling company who specialise in the reuse of green parts. We collect end-of-life vehicles and bring them back to our depot where we depollute the vehicles, extract parts for reuse or auction the vehicle. The remaining elements of the vehicles are then broken down for recycling. We have a fleet of vans that we deliver our green parts in, along with a shop front for collections and services such as tyre fitting.

1.4 Number of employees in the reporting year

*
163

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

*
2022

2.2 Near-term target

*

42% of absolute scope 1+2 emission reduction from my base year by 2022

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

*
422381.41 kwh

3.3 Renewable energy

*
4881 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
1085.2 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
87.5 metric tons CO2e

3.6 Market based scope 2 emissions

*
6.2 metric tons CO2e

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

*
As part of our ISO 14001 objectives and our wider ESG goals to reduce our scope 1 & 2 emissions, we are upscaling our onsite solar usage; implementing an energy reduction plan by completing an energy audit; switching to renewable energy tariffs where we can; continually train our drivers to ensure efficient driving practices; switching our onsite machinery over to electric where applicable.

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

*
We continually track our energy usage and fuel use. This is internally tracked and cross checked with our multiple tracking systems. Our emissions are calculated in line with the GHG Protocol Accounting and Reporting standards. All emissions data is shared with our environmental consultants who verify our emissions calculations to ensure we are accurately reporting our carbon footprint year-on-year.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

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?

*
Yes

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

*
2024 will be our scope 3 emissions baseline year. We are currently tracking our scope 3 emissions and collating the data to ensure we can fully report at the end of 2024 reporting period. This data will be shared with our environmental consultants who will verify our scope 3 emissions

Climate Solutions (optional) *

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

*
Yes

5.3 Provide descriptions/names of your climate solutions:

*
We are an auto recycling company which means that we are ensuring reuse of usable car parts, diverting them from premature waste. We resell vehicles that are no longer road worthy but can be fixed, and we recycle anything we cannot resell. We use recycled diesel within our onsite machinery too. The business purpose is to divert vehicles and vehicle parts from disposal and recycle a hard to dispose of product, saving new vehicles and parts being manufactured and produced, prioritising the waste hierarchy with everything we do.

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,Other (please specify)

6.1 Explain

*
Designated Environmental & Sustainability Co-ordinator who manages ESG project. Governance materiality assessment completed annually

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 Identified plans for adaptation to mitigate these risks,We've Integrated these adaptation plans into business practices,Other (please specify)

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

We are working with our local councils environmental group 'Thame Green Living'.

Results, Challenges and Outlook *

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

*
Our emissions increased from our 2022 base year by 14.78%. This is due to business growth such as new office and workshop onsite and greater distances travelled to deliver green parts and collect vehicles. We expected there to be an increase in emissions by approx 15% before we calculated our 2023 emissions. Since our baseline year, we have employed a dedicated Environmental & Sustainability Co-ordinator to ensure we are on track to meet our ESG targets. We have installed solar PV and are prioritising efficient working practices. We are completing an annual environmental audit and will be implementing an energy efficiency action plan.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Electrifying the vehicle fleet and/or cutting transport 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,Insufficient funding

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

*

Yes

The emissions data provided was validated by our environmental consultants.

ASM Auto Recycling Ltd's Climate Report

ASM Auto Recycling Ltd's Climate Report - 2023

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 10.2022 to 10.2023

1.2 Describe your business activities

*
We are an auto recycling company who specialise in the reuse of green parts. We collect end-of-life vehicles and bring them back to our depot where we depollute the vehicles, extract parts for reuse or auction the vehicle. The remaining elements of the vehicles are then broken down for recycling. We have a fleet of vans that we deliver our green parts in, along with a shop front for collections and services such as tyre fitting.

1.4 Number of employees in the reporting year

*
163

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

*
2022

2.2 Near-term target

*

42% of absolute scope 1+2 emission reduction from my base year by 2022

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

*
422381.41 kwh

3.3 Renewable energy

*
4881 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
1085.2 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
87.5 metric tons CO2e

3.6 Market based scope 2 emissions

*
6.2 metric tons CO2e

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

*
As part of our ISO 14001 objectives and our wider ESG goals to reduce our scope 1 & 2 emissions, we are upscaling our onsite solar usage; implementing an energy reduction plan by completing an energy audit; switching to renewable energy tariffs where we can; continually train our drivers to ensure efficient driving practices; switching our onsite machinery over to electric where applicable.

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

*
We continually track our energy usage and fuel use. This is internally tracked and cross checked with our multiple tracking systems. Our emissions are calculated in line with the GHG Protocol Accounting and Reporting standards. All emissions data is shared with our environmental consultants who verify our emissions calculations to ensure we are accurately reporting our carbon footprint year-on-year.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

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?

*
Yes

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

*
2024 will be our scope 3 emissions baseline year. We are currently tracking our scope 3 emissions and collating the data to ensure we can fully report at the end of 2024 reporting period. This data will be shared with our environmental consultants who will verify our scope 3 emissions

Climate Solutions (optional) *

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

*
Yes

5.3 Provide descriptions/names of your climate solutions:

*
We are an auto recycling company which means that we are ensuring reuse of usable car parts, diverting them from premature waste. We resell vehicles that are no longer road worthy but can be fixed, and we recycle anything we cannot resell. We use recycled diesel within our onsite machinery too. The business purpose is to divert vehicles and vehicle parts from disposal and recycle a hard to dispose of product, saving new vehicles and parts being manufactured and produced, prioritising the waste hierarchy with everything we do.

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,Other (please specify)

6.1 Explain

*
Designated Environmental & Sustainability Co-ordinator who manages ESG project. Governance materiality assessment completed annually

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 Identified plans for adaptation to mitigate these risks,We've Integrated these adaptation plans into business practices,Other (please specify)

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

We are working with our local councils environmental group 'Thame Green Living'.

Results, Challenges and Outlook *

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

*
Our emissions increased from our 2022 base year by 14.78%. This is due to business growth such as new office and workshop onsite and greater distances travelled to deliver green parts and collect vehicles. We expected there to be an increase in emissions by approx 15% before we calculated our 2023 emissions. Since our baseline year, we have employed a dedicated Environmental & Sustainability Co-ordinator to ensure we are on track to meet our ESG targets. We have installed solar PV and are prioritising efficient working practices. We are completing an annual environmental audit and will be implementing an energy efficiency action plan.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Electrifying the vehicle fleet and/or cutting transport 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,Insufficient funding

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

*

Yes

The emissions data provided was validated by our environmental consultants.
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