Our purpose is to provide healthy indoor air, sustainably.
We aspire to be leaders in the effort to provide healthy indoor air while driving a low-carbon future. Our approach encompasses more than just our key sustainability KPI’s, and includes maintaining high standards in corporate governance and making a positive impact in our communities. This year, we expanded our sustainability efforts across multiple fronts and embraced an array of positive change opportunities. Our commitment to achieving net zero emissions remains unchanged, and in addition to updating our core sustainability initiatives, we now provide a more comprehensive understanding of our emissions profile including all material Scope 3 emissions. Our focus is on strategically targeting emissions reduction opportunities and developing comprehensive action plans to meet the net zero challenge.
In 2021 we reviewed the material issues that impact our sustainability and prioritised them around the Group and our stakeholders needs. We sought feedback from stakeholders and created a materiality matrix. We then coalesced the material issues into our three focus areas of Product, Planet and People.
This year, we have revisited the materiality matrix as a pulse check to assess our priorities and concluded that the same issues remain material to us and our stakeholders. We have also reconsidered the United Nations Sustainability goals which are most aligned to our priorities and we re-assert our commitment to them – as the blueprint to achieve a better and more sustainable future for all.
Confronting climate change and carbon emissions remains at the top of our materiality matrix, along with maximising the energy saving potential of the products we produce. Health, safety and wellbeing of our engaged, diverse and inclusive workforce remains critical to deliver our strategy. Lastly, an efficient and effective supply chain, supplying sustainable materials and minimising waste will drive sustainable but also efficient production.
- Climate change and carbon emissions
- Health and safety
- Sustainable products
- Supply chain management
- Sustainable materials
- Packaging/waste management
- Employee engagement
- Diversity and inclusion
- Training and development
Our Sustainability strategy
We are committed to a low-carbon future with the health and wellbeing of people and the planet at its core.
Click on each of the pillars to the left to find out more.
Each of our targets are geared towards achieving significant improvements by 2025.
of our revenue from low-carbon sales is our goal by the end of FY2026
is our target for the amount of recycled plastics that are used in our manufactured products by end of FY2025, without compromising on the quality or reliability of our products
is our target of reportable accidents
Healthy air, sustainably
We are proud to provide healthy indoor air for our customers around the world and we know we have a role to play to ensure a more sustainable future. We want to accelerate a low-carbon future with the health and wellbeing of people and the planet at its core. This year, we have set out our road-map to becoming a net zero business by 2040.
This was defined using a materiality assessment process in which we reviewed the material issues that affect out sustainability and prioritised them around the Company’s and stakeholder’s needs.
We launched our new strategy with the three pillars of product, planet and people and set clear goals, initiatives and improvements plan against each of those areas.
The strategy has helped clarify our purpose to our stakeholders, and has engaged our employees.
Over the following pages, we share our current progress, our new targets, and the sustainability initiatives we are proud to be involved in.
How we meet the UN Sustainable Development Goals
We have aligned our strategy to the United Nations Sustainable Development Goals, which are the blueprint to achieve a better and more sustainable future for all.
Our sustainability timeline
Volution becomes a carbon neutral business
Transition of UK procured electricity to 100% renewable sources
75% of our sales are low carbon products
90% of the plastic processed in our factories are from recycled sources
Volution becomes a net zero carbon business