We run efficient operations that consume less energy and produce less waste.
Better energy and waste management decreases costs and improves operational efficiencies.
Energy costs and increasing "green" taxes can reduce Ferguson's profit margins. We have reduction targets in place to minimise these costs.
Supporting drivers of profitable growth
What we do
Ferguson plc set five-year targets to reduce carbon (-10 per cent) and waste (-15 per cent) per £m revenue and to increase the percentage of waste that is recycled to 40 per cent. Each business has set its own targets for carbon and waste to support the achievement of the Group goals.
Performance at the end of 2016/17, one year into the target period, is positive across all three performance measures.
Total waste per £m of revenue
What are our targets for 2021?
Each business has set new five-year targets for carbon and waste reduction and for the increase in the percentage of waste that is recycled. At a Group level, our targets for 2021 are a 10 per cent reduction in carbon, a 15 per cent reduction in waste (both per £m revenue) and an increase in the proportion of our recycled waste to 40 per cent.
Efforts continue to improve data accuracy. 12.3% of carbon data was estimated in 2016/17, compared to 13.3% in 2015/16. 20.9% of waste data was estimated in FY17.
PricewaterhouseCoopers LLP (“PwC”) were engaged to test the Group’s carbon and waste data in 2015/16. They provided a limited assurance report for total carbon emissions, total waste tonnage, carbon per million of revenue and waste per million of revenue. 2015/16 data has undergone immaterial retrospective changes since the assurance.