Leading manufacturer of clay and concrete building products and solutions Ibstock plc has\u00a0 launched its new ESG Strategy to 2030<\/p>\n
Ibstock plc is considered to be at the forefront of sustainability within the construction products sector and claims that its new ESG Strategy to 2030 will further these achievements. This will be made possible through simplifying the way it articulates its goals and ambitions to enhance understanding of sustainability challenges.<\/p>\n
The new ESG Strategy to 2030 is an evolution of the company\u2019s five-year Sustainability Roadmap set back in 2019. A number of these original targets have already been achieved, ahead of time. Ibstock\u2019s new ESG strategy is the start of a new era of responsible business and manufacturing, directing the business towards even greater, positive change.
\nCommunication and clear structure key to achieving goals<\/p>\n
Ibstock\u2019s ESG Strategy to 2030 has been structured in a way that can be easily understood and interpreted. Clear communication is key to the achieving the agreed milestones. Organised under three themes; Address Climate Change; Improve lives; and Manufacture Materials for life, headline ambitions include:<\/p>\n
40% reduction in absolute carbon (Scope 1 & 2*) by 2030
\nIncrease female representation in senior leadership to 40%
\n20% of sales turnover revenue to be achieved via new products and solutions that focus on sustainability and customer value<\/p>\n
new esg strategy Driving ownership and engagement<\/strong><\/p>\n The company wants desire to drive ownership and engagement of the company\u2019s ESG goals and so is using a strong, clear \u2018call to action\u2019: \u2018WE WILL\u2019 in front of each ambition. It is hoped that the strategy will be utilised by all members of the company and increase collaboration as a result.<\/p>\n Building on its award-winning People First approach to ESG and sustainability engagement, Ibstock will continue to drive employee engagement and understanding of its goals and ambitions \u2013 focusing on how individuals and their actions can contribute to the bigger picture.<\/p>\n Ibstock states that its new strategy is informed by a materiality assessment which has taken into consideration the views and perspectives of its key stakeholders. A major customer survey will also be conducted to gather attitudes towards sustainability amongst housebuilders, builders merchants and architects and specifiers. The results of this process will shape a long-term programme of communications aimed at informing and connecting with Ibstock\u2019s external stakeholders.<\/p>\n The new ESG Strategy is the next stage in the evolution of the business: Joe Hudson, Ibstock plc\u2019s chief executive officer said: \u201cWe are very pleased to launch our ESG Strategy to 2030. It takes our business on the next exciting \u2013 and energetic \u2013 stage in its evolution,\u201d<\/p>\n \u201cWhilst our new strategy sets our longer-term ambition, we are also very proud of the progress we have made on our journey so far to becoming a more sustainable, purpose-led business. Where the past decade has been about incremental improvement and embedding change, the next decade needs to go much further, much faster.<\/p>\n \u201cTo get where we need to be, we must continue to bring our people with us on this journey to enable us to make progress more swiftly and with greater impact. This is work that requires our passionate people with a desire to make positive change at pace.<\/p>\n \u201cWe are confident we will achieve our goals \u2013 but we will need to do this together. We are calling on our colleagues, suppliers, partners and customers to work with us \u2013 as we will work with them \u2013 to deliver on the challenges and opportunities that we share.\u201d<\/p>\n The post Ibstock plc has launched a new ESG Strategy to drive sustainability<\/a> appeared first on World Construction Today<\/a>.<\/p>\n This item was originally posted here: Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"