Planet
Taking climate action
We are transitioning to a low-carbon business and supporting our customers to do the same. Our ambition is to achieve net-zero emissions across our own operations and value chain by 2050.
All our businesses have developed tailored transition plans identifying when and where they will reduce carbon emissions and improve resource efficiency. ESG has been embedded into the capital expenditure appraisal process and strategic and operational decision-making.
We are collaborating across the value chain with suppliers, customers and stakeholders to drive innovation. With our own teams we are raising awareness of climate change, carbon reporting and circularity through training and awareness initiatives.
Net zero roadmap
Our net zero roadmap demonstrates how we will deliver on our targets, validated by the SBTi. This shows how we plan to halve Scope 1, 2 and key Scope 3 emissions by 2033.
Improving resource efficiency
Through a programme of energy-efficiency upgrades for our estate, we are reducing consumption and lowering emissions. We are transitioning our fleet to electric vehicles to reduce environmental impact.
We are also taking deliberate steps to reduce water consumption, minimise waste and reduce reliance on raw materials.
Circularity
Extending the useful economic life of our fleet through improved maintenance, servicing and repairs can best be achieved through collaboration with our supply chain.
Vp trials hydrogen powered telehandler
A zero-emissions telehandler is a step closer to being the go-to solution on construction sites thanks to an innovative trial with JCB and Barratt Redrow.
Service centre contributes to circular economy
Vp’s approach to servicing precision survey, measurement and safety equipment is extending asset life and reducing carbon emissions.
Our customers are increasingly looking to us for new innovations in sustainable technology. No one business can decarbonise our economy alone, so collaborations like this, between Vp, our supplier and customer, are key to solving our climate challenges.
Jennifer Woodhall
Group Sustainability Programme Manager
Read about our carbon emissions inventory
Read more
Carbon emissions inventory
Scope 1 and 2 emissions inventory FY2023/24 | |||
|---|---|---|---|
| 2024 | 2023 | ||
| UK | Scope 1 (Tonnes CO2e) | 13,469 | 15,946 |
| Scope 2 Location-based (Tonnes CO2e) | 1,650 | 1,269 | |
| Scope 2 Market-based (Tonnes CO2e) | – | – | |
| Total Scope 1 & 2 Location-based (Tonnes CO2e) | 15,119 | 17,215 | |
| Total Scope 1 & 2 Market-based (Tonnes CO2e) | 13,469 | 15,946 | |
| Energy consumption of Scope 1 & 2 (kWh) | 56.9m | 65.4m | |
| Intensity Ratio Location-based Tonnes CO2e (gross Scope 1 + 2) / £1 million revenue | 46 | 52 | |
| Intensity Ratio Market-based Tonnes CO2e (gross Scope 1 + 2) / £1 million revenue | 41 | 48 | |
| Global | Global Scope 1 (Tonnes CO2e) | 15,137 | 18,252 |
| Scope 2 Location-based (Tonnes CO2e) | 1,859 | 1,460 | |
| Scope 2 Market-based (Tonnes CO2e) | 209 | 191 | |
| Total Scope 1 & 2 Location-based (Tonnes CO2e) | 16,996 | 19,782 | |
| Total Scope 1 & 2 Market-based (Tonnes CO2e) | 15,346 | 18,513 | |
| Energy consumption of Scope 1 & 2 (kWh) | 64.9m | 73.6m | |
| Intensity Ratio Location-based Tonnes CO2e (gross Scope 1 + 2) / £1 million revenue | 46 | 53 | |
| Intensity Ratio Market-based Tonnes CO2e (gross Scope 1 + 2) / £1 million revenue | 42 | 50 | |
Scope 3 emissions inventory (tonnes (CO2e) | |||
| Scope 3 | Purchased Goods and Services (PG&S) | 53,778 | 68,132 |
| Capital Goods | 64,897 | 47,604 | |
| Use of Sold Products | 136,689 | 136,427 | |
| Downstream Leased Assets | 85,843 | 86,953 | |
| Other Scope 3 Categories | 16,614 | 16,728 | |
Reducing carbon emissions across our businesses
Vp Group businesses are working proactively with clients to find new ways to cut carbon emissions, without compromising on performance. We are replacing diesel powered plant and tools with electric alternatives and discovering new ways to improve fuel efficiency and challenge the number of journeys made.
Four new conservation projects to benefit from Vp funding
Vp plc is providing funding for the fourth year to conservation projects in 2024, totalling £100,000. Most of this amount is shared between four new projects chosen by over 10% of our employees through a survey - a rewilding project in the Scottish Highlands, a Kelp recovery programme in Sussex, a natural flood management scheme in Sheffield and a project to restore peatlands in Lancashire. The balance is being divided into smaller grants for projects which we have committed to funding previously.
Partnership approach with our supply base
Corporate collaboration is a key element in driving sustainability solutions across various industries.
