Annual Report 2024 - Protecting the Environment
Annual Report 2024
Protecting the Environment
Sustainability and Responsibility
Our objectives
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We will achieve Net Zero by 2045
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Advocate sustainable wood sourcing by fully tracing our oak by 2030
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Replenish 100% of water consumed by production sites in water-stressed areas by 2030
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Develop and execute a nature and wildlife strategy for our sites to enhance biodiversity and sequestered carbon
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All packaging to be sustainably sourced and widely recyclable by 2025
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Achieve zero waste to landfill for our operations in 2025
In the past year, Edrington has been continuing its sustainability strategy with further progress toward our Net Zero target. This includes the installation of a new heat recovery system at The Glenrothes Distillery and commencing an engagement project with our key suppliers and partners through the production of clear environmental guidance and discussions with our top suppliers on their own environmental commitments. Edrington also continues to report annually through the Carbon Disclosure Project (CDP) and has been awarded a B rating in the climate change category for a second year.
Last year we embarked on a journey to incorporate climate-related reporting, developing our reporting under the Taskforce for Climate Related Disclosure (TCFD) framework.
This report summarises our progress against the requirements of the UK Climate-related Financial Disclosure (CFD) regulations, which adopt the pillars of the TCFD framework: Governance, Strategy, Risk Management, and Metrics and Targets, detailing how we are identifying and managing climate risks in Edrington today, and how we plan to integrate this further over the coming years.
Explore our four focus areas below and download the Sustainability & Responsibility Report for more detail on our environmental performance.