Contractor to increase use of recycled materials
Contractor Interserve is pledged to halve its carbon emissions by 2020 as part of a wide ranging plan to make the business more sustainable.
The firm鈥檚 SustainAbilities plan commits the firm to achieve a 30% reduction in carbon emissions over the next three years as an interim target on the way to a 50% reduction in 2020.
The firm has also pledged to have 75% of materials traceable to their source by 2018 and cut water usage by 20% by 2016.
Tim Haywood, Interserve鈥檚 group finance director and head of sustainability, said the plan was 鈥渃ritical of the future of our business鈥.
He said: 鈥淭he plan announced today puts sustainability at the forefront of our decision-making. It will define how we work, the decisions that we take as a business and create a new culture among our employees and management.鈥
Adrian Ringrose, chief executive of Interserve, said the plan 鈥渟et new standard鈥 for the industry.
He said: 鈥淚nvesting in the community, energy and resource efficiency, transparency, innovation, nurturing and motivating employees, and transferring skills and knowledge are integral to our ability to create value.鈥
The firm said it would collect data on all its target areas throughout 2013 to act as a baseline against which it would measure itself to establish if it was hitting its targets.
Interserve鈥檚 SustainAbilities commitments
By 2014
- Introduce local employment targets when beneficial to the community
- Use only sustainable forest products
- Increase re-use of construction waste by 15%
By 2016
- 50% of forest products will be certified sustainable
- 20% cut in use of water
- Reduce emissions from business travel by 30%
- Reduce emissions from energy use at construction sites by 30%
- Reduce construction waste by 25%
- Reduce office waste by 50%
- Reduce indirect energy impacts by 15%
By 2018
- Reduce voluntary employee turnover by 10%
- Double the number of apprenticeships, traineeships and graduate training opportunities
- Develop three partnerships dedicated to innovation in sustainability
- Achieve 75% traceability of construction materials
- Increase recycled content in materials by 50%
- Be underway with at least ten co-designed energy security projects
By 2020
- Invest 3% of pre-tax profits into local communities
- Introduce 鈥榳ellbeing鈥 Key Performance Indicators (KPIs) into contracts
- Halve our absolute carbon emissions
- Introduce closed-loop systems along the value chain
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