47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 47
Strategic Report
Environmental targets form part of the business
metrics assessed during the year and where
appropriate are linked to individual reward. The
Long Term Incentive Plan (LTIP) for Executive
Directors includes a measure aligned to
environmental sustainability.
Our SBTi approved science-based carbon
reduction targets are in line with the latest climate
science recommendations necessary to meet
the goals of the Paris Agreement and limit the
temperature increase to 1.5°C above preindustrial levels. These targets are detailed below
and set out our commitment to be net-zero
Corporate Governance
across our own operations by 2035 and across
our wider supply chain by 2050, if not sooner.
Accounts
Forest, Land and Agriculture (FLAG) emission
reduction targets and a new commitment to
no deforestation from the end of 2025. If these
new targets are approved by the SBTi, they
will be disclosed in next year’s Responsible
Business Report.
As referred to above, during the year we
recalculated our baseline emissions data and
re-submitted our near and long-term net-zero
targets to the SBTi for approval, along with new
Our 2023/24 greenhouse gas emissions
Our science-based
targets
Overall Net-Zero Target
We commit to reach net-zero greenhouse
gas (GHG) emissions across the value
chain by FY2050 from a FY2020 base year.
Emissions (tCO2e)
2020/21
2021/22
2022/23
2023/24
Total Scope 1
7,375
3,848
4,364
6,888
Total Scope 2 – market based
1,904
1,036
180
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106,392
86,767
117,809
139,375
Scope 3
Category 1a – Purchased goods and services (product-related)
Category 1b – Purchased goods and services (non-product related)
7,660
11,877
5,276
6,597
Near-term Targets
We commit to reduce absolute Scope 1 and
2 GHG emissions by 60% by FY2030 from
a FY2020 base year. We also commit to
reduce absolute scope 3 GHG emissions
from purchased goods and services,
upstream transport and distribution and
downstream transport and distribution
by 25% within the same timeframe.
Category 2 – Capital goods
1,776
3,311
8,623
8,676
Long-term Targets
We commit to reduce absolute Scope 1
and 2 GHG emissions by 90% by FY2035
from a FY2020 base year.
Category 9 – Downstream transportation and distribution
We also commit to reduce Scope 3 GHG
emissions from purchased goods and
services, upstream transport and
distribution and downstream transport
and distribution by 90% by FY2050 from
a FY2020 base year.
Category 3 – Fuel and energy related activities
2,155
2,158
2,476
2,149
26,429
30,616
24,493
26,410
Category 5 – Waste generated in operations
128
117
190
117
Category 6 – Business travel
363
85
428
506
Category 7 – Employee commuting
448
223
412
444
Category 8 – Upstream leased assets
–
–
–
–
16,367
18,254
18,888
17,998
2
348
128
194
Category 4 – Upstream transportation and distribution
Category 10 – Processing of sold products
Category 11a – Use of sold products (direct)
2,943
–
5,009
5,890
Category 11b – Use of sold products (indirect)
3,055
2,016
3,393
3,867
Category 12 – End-of-life treatment of sold products
5,697
4,236
6,499
7,663
Category 13 – Downstream leased assets
–
–
–
–
Category 14 – Franchises
36
–
–
–
Category 15 – Investments
82
99
108
72
Total Scope 3
173,533
160,107
193,733
219,959
Total Scope 1, 2 & 3
182,812
164,991
198,276
226,893
Note: Emissions for 2020/21 and 2023/24 have been recalculated to take account of a change in methodology to include emissions from carbon dioxide lost in process in Scope 1 (formerly Scope 3).
Emissions for 2022/23 have been recalculated to include a full year’s emissions for the Boost business. Scope 1 & 2 data for 2021/22 and 2022/23 has been omitted from the non-financial KPI on emissions
reduction (page 21), as the methodology and operations covered do not align with the other years and therefore the data is not comparable.
Notes: FY2020 refers to AG Barr financial year 2020/21
ended in January 2021. The same convention applies to
FY2030, FY2035 and FY2050.
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