Caring for the environment
Climate change is a global challenge, and we are committed to actively reducing our own environmental impact as we aim to become a net zero business by 2050. We are also aiming to protect and enhance nature and biodiversity, initially focusing on eco-systems across NFU Mutual owned premises and our property investment portfolio.
Our progress: Caring for the Environment
Climate change
| Priorities | Aims for 2023 | Delivered in 2023 | Aims for 2024 | Longer-term aims |
| Our approach | New approach to be rolled out to further embed emissions reductions | Approach to delivering climate change transition confirmed as prioritising engagement and influence over exclusion | Launch a revised company car scheme to contribute towards reducing company car emissions and | Establish metrics to measure absolute and intensity emissions performance for NFU Mutual’s material emission sources |
| Own emissions | Make progress towards longer-term emission reduction aims. |
Total own emissions reduction of 38% compared to a 2019 base year. 45% reduction in company car emissions compared to 2019 base year. 33% reduction in emission across NFU Mutual occupied premises compared to 2019 base year. 40% reduction in business travel emissions compared to a 2019 base year. |
Make progress towards our 25% emissions reduction target by 2025. |
25% reduction of scope 1 and 2 emissions by end of 2025 against 2019 base year. 50% reduction by 2030. Net Zero by 2050. |
Nature and biodiversity
| Priorities | Aims for 2023 | Delivered in 2023 | Aims for 2024 | Longer-term aims |
|
Our approach |
New aim |
New aim |
Develop a Nature and Biodiversity approach |
Embed Nature and Biodiversity approach |
|
Pollution prevention |
Complete annual pollution prevention review |
Annual pollution prevention review completed |
Maintain annual pollution prevention review |
Maintain annual pollution prevention review |
Waste and Resource use
| Priorities | Aim for 2023 | Delivered in 2023 | Aims for 2024 | Longer-term aims |
| Recycling rate | 65% of waste recycled across Stratford-upon-Avon sites | 63% of waste recycled across Stratford-upon-Avon sites | 65% of waste recycled across Stratford-upon-Avon sites | Improve employee waste-stream knowledge and use by delivering internal, behavioural-change focused circular economy and waste training |
Water usage
| Priorities | Aim for 2023 | Delivered in 2023 | Aims for 2024 | Longer-term aims |
| Measuring our water usage | Consolidate our water suppliers and upgrade our meters to allow us to accurately measure our water consumption moving forwards | In 2023, we completed a tender to consolidate all of our water suppliers for our Group occupied office estate. As part of this, we included an upgrade of our water meters to enable us to monitor and target savings in the future | Take a baseline measurement of water usage in 2024 | Set water usage targets based on 2024 baseline |
