ESG & Sustainability

Helping to create a better future

2025

Commitment for Net Zero Carbon for Scope 1 & Scope 2 emissions

2045

Commitment for Net Zero Carbon for Scope 3 emissions

Committed to sustainable construction. Committed to a sustainable future.

At Glencar, our ESG (Environmental Social Governance) approach is designed to help us to create a positive impact on the world in which we operate.

Our commitment to Environmental, Social, and Governance (ESG) principles and sustainability is paramount. We firmly believe in responsible business practices and continuously strive to reduce our environmental impact by embracing eco-friendly construction methods, sustainable materials, and energy-efficient technologies.

We are also dedicated to fostering a safe and inclusive work environment for our employees, actively participating in community initiatives to enhance social well-being. Additionally, we prioritise strong governance practices, ensuring transparency, ethical behaviour, and accountability throughout our operations.

Our collective efforts reflect our unwavering dedication to ESG and sustainability, benefiting our business performance and the communities we serve.

Our ESG strategy focuses on the following key themes:

Net Zero Carbon

To achieve net-zero emissions in construction, we need to reduce emissions in all three ‘scopes’ by using cleaner technologies, sustainable materials, and efficient practices. The Net Zero measurement scopes are defined in three categories:

• Scope 1 Emissions: Direct emissions from on-site sources in construction, like construction equipment and on-site energy use

• Scope 2 Emissions: Indirect emissions from off-site energy production, such as grid-supplied electricity used on construction sites

• Scope 3 Emissions: Indirect emissions throughout the construction process, including materials, transportation, waste, and future building usage

At Glencar, we aim to be Net Zero Carbon for Scope 1 & 2 Emissions by 2025, and Net Zero Carbon for Scope 3 Emissions by 2045.

Glencar also achieved Planet Mark Certification in 2022, measuring our baseline scope 1, 2 & 3 GHG emissions according to this Standard.

We have also implemented a 3-year Carbon reduction plan, based on year-on-year reductions, for the period 2023-2025. As well as developing our own carbon reduction plan, we continue to support our customers in delivering Net Zero Carbon Ready buildings, with a number of Net Zero Carbon projects due to be delivered in 2023.

Supporting a Circular Economy

We work with our Clients and stakeholders to deliver Circular Economy commitments through minimising resource use, driving down waste, reviewing the adaptability of materials in their selection, as well as their impact on Whole Life Carbon.

On our projects we always set specific targets based on construction waste resource efficiency benchmarks, which prioritise recycling and maximising the use of recycled, repurposed and responsibly sourced materials.

Biodiversity

We are committing to 10% net gain target on all our projects.

We will also be delivering a target scheme in our local area of St Albans to deliver the same for the local community. This also supports our volunteering and social enterprise goals which form part of Glencar’s Social Value strategy.

Supply Chain & Responsible Procurement

We are working with our supply chain to drive improvements in delivery of ESG performance for responsible and ethical sourcing, Breeam, NZC, Circularity, Social Value, and Governance).

Without robust engagement and alignment with our value chain, we will be unable to deliver on these goals. To that end we are assessing our key suppliers to benchmark their ESG capabilities, continuously measuring their performance and prioritising working with those who most closely align with our ESG position and expectations.

“I am proud to say that Glencar is committed to sustainability and ESG (Environmental, Social, and Governance) practices. We understand the importance of creating a sustainable future and are continuously seeking ways to reduce our environmental impact while promoting social and economic well-being. We believe that sustainability is not only the right thing to do, but it is also essential for the long-term success of our company and the communities we serve.”

James Scott

James Scott ESG Director