Net Zero Target
Vp plc commits to reach net-zero GHG emissions across the value chain (scope 1, 2 and 3) by 2050 from a 2022 base year.
Short Term Targets
By 2025:
- The majority of Vp’s top 250 suppliers by spend will have set science-based emissions reduction targets.
- All employees will be carbon literate and trained in sustainability.
- Vp will reduce its energy consumption intensity (kWh/m2) 20% from a 2021 baseline.
- Vp shall reduce waste production intensity 30%, recycle >85% waste and divert >95% waste from landfill using a 2021 baseline.
We have made the commitment to reach net zero carbon emissions with the Science Based Targets initiative in line with the Business Ambition for 1.5 °C to ensure a robust transition plan.
To achieve our targets, our transition plan to net zero prioritises initiatives including:
- Working with suppliers to consider robust alternatives to petrol and diesel powered fleet;
- Electrification of our commercial and company car fleets where possible;
- Targeted training on efficient energy use and driving practices, and environmental awareness;
- Continue integrating telematics software for route planning and driver feedback;
- Increase our procurement of renewable energy;
- Integrating our new supplier management software with procurement functions;
- Identifying opportunities to co-locate on site reducing haulage and business travel emissions whist providing closer customer support;
- Exploring the use of HVO fuel in our commercial vehicle fleet.