Ibstock has announced ambitious new carbon reduction commitments, including a target for the business to be net zero by 2040.
Having achieved its existing goal of a 15% reduction in CO2 per tonne of production, the Group has established new, more stretching targets to achieve a 40% reduction by 2030, and a commitment to become net carbon zero by 2040.
This ambitious new net zero commitment will cover Scope 1 & 2 emissions – including investment in more efficient production processes and in high quality environmental projects to offset residual carbon. A strategy to reduce indirect Scope 3 carbon emissions, which contribute less than 40% of the business impact, will be developed in 2022.
These new targets build on the Group’s existing sustainability roadmap commitments, creating a framework of targets and critical milestones at the centre of a new 2030 sustainability strategy.
Joe Hudson, CEO of Ibstock, commented: “Whilst we know we have much more to do, I am delighted that we are making progress on our commitments and are able to announce further carbon reduction targets in such an ambitious timeframe. These new carbon commitments, including our pledge to be net zero by 2040, represent a bold step on our journey to address climate change and move the business into the low carbon economy.”
