Reece Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-07 to 2023-06🗂️ Report periods on file: 2022-07 to 2023-06, 2018

In its 2022-07 to 2023-06 reporting, Reece Limited disclosed greenhouse gas emissions of 65.6K tCO2e/year. By scope: Scope 1: 39.9K tCO2e/year; Scope 2: 25.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
65.6K tCO2e/year
2022-07 to 2023-06
⚡
Renewable Energy
17% of total electricity use
of total energy
♻️
Waste
20.5K tons/year
2022-07 to 2023-06
⚙️
Energy Use
747.5K GJ/year
2022-07 to 2023-06

📊 Emissions by Scope (2022-07 to 2023-06)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).39.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.25.7K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022-07 to 2023-0665.6K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Cease selling 2-star rated WELS products (limited exceptions).

📅 Medium-term

  • 35% reduction from FY21 baseline by FY30 in Scope 1 and 2 GHG emissions.
  • 70+ targeted solar PV installations in FY24.

🔭 Long-term

  • Net zero Scope 1 and 2 emissions by FY40.

🌱 ESG Focus Areas

Sustainable BusinessEmpowering TradeResilient Communities

⚠️ Challenges & Risks +

  • Limited EV market availability to meet fleet requirements for emissions reduction.
  • Increase in LTIFR score in ANZ (8.9) and a small increase in the US (2.1) due to factors including COVID restrictions and high demand.
  • Need to improve waste diversion from landfill (currently 19%).

📋 Report Information

Reporting Period: 2022-07 to 2023-06
Frameworks: GRI Standards