- Challenging market conditions across most sectors, particularly in housing and infrastructure.
- Softer housing market.
- Lower activity levels in rail and highways sectors due to cyclical nature of infrastructure spending and transition between CP6 and CP7.
- Costs associated with establishing the Canadian rail subsidiary.
- Delays to major Metrolinx GO Expansion programme in Toronto.
- Highly competitive market with price-sensitive tendering.
- Increased cost of materials and wage inflation.
- Delays in major infrastructure work on highways and a short-term decrease in demand for ground stabilisation activity.
Van Elle Holdings plc
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Van Elle Holdings plc disclosed greenhouse gas emissions of 8.8K tCO2e/year. By scope: Scope 1: 8.6K tCO2e/year; Scope 2: 242 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
8.8K tCO2e/year
2024
Energy Use
35.2K MWh/year
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 8.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 242 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Improved safety record with zero RIDDOR Accident Frequency Rate in FY2024 (FY2023: 0.19)
- Signed up to the Science Based Targets initiative (SBTi) to set achievable emissions reduction targets to achieve net zero by 2050.
- Developed a carbon reduction roadmap with a goal of 30% reduction in greenhouse gas emissions from a 2020 baseline by 2030.
- Renewed HGV fleet with more modern and efficient vehicles, resulting in reduced diesel consumption.
- Significant increase in the level of HVO in the rig fleet, reducing CO2e emissions.
- Purchase agreement for grid electricity from 100% renewable sources.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Full validation of SBTi targets.
- Become accredited sustainable procurement, ISO 20400.
- Develop processes to measure and report Scope 3 emissions.
- Review and implement solar panels where appropriate.
- Trial low carbon concrete and steel.
📅 Medium-term
- 30% reduction in greenhouse gas emissions from a 2020 baseline by 2030.
- Annual revenue growth of 5–10%
- Underlying operating margins of 6–7%
- Return on capital employed of 15–20%
- Leverage of less than 1.5 times EBITDA
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate ChangeSafetyCommunity EngagementDiversity & Inclusion