Ibstock plc, a manufacturer of clay and concrete building products and solutions, has launched its new ESG Strategy to 2030.
The company says its new ESG Strategy will simplify the way it articulates its goals and ambitions – thus enhancing understanding of the journey ahead with both its colleagues and external stakeholders.
The Ibstock ESG Strategy to 2030 is an evolution of the company’s five-year Sustainability Roadmap set back in 2019. Organised under three themes; Address Climate Change; Improve lives; and Manufacture Materials for life, headline ambitions include:
- 40% reduction in absolute carbon (Scope 1 & 2) by 2030
- Increase female senior leadership representation to 40% as part of a proactive approach to diversity and inclusion
- 20% of sales turnover revenue to come from new products and solutions that deliver customer value and improved sustainability
“We are very pleased to launch our ESG Strategy to 2030. It takes our business on the next exciting – and energetic – stage in its evolution,” says Joe Hudson, Ibstock plc’s Chief Executive Officer.
“Whilst our new strategy sets our longer-term ambition, we are also very proud of the progress we have made on our journey so far to becoming a more sustainable, purpose-led business. Where the past decade has been about incremental improvement and embedding change, the next decade needs to go much further, much faster.
Ibstock plc’s ESG Strategy to 2030 can be accessed at https://www.ibstockplc.co.uk/sustainability
