Businesses have a crucial role to play to protect our environment, and that’s exactly what we’re doing. From being the UK’s number one retail recycler of electrical goods to committing to net zero emissions by 2040, we’re working hard to be a company our colleagues can be proud to work for.
Read on to see some of the key actions we’re taking to reduce our impact by improving our use of resources and creating circular business models.
And if you’d like more detail, our environmental policy covers the impact of our operations, products and services - including everything to do with energy and greenhouse gas emissions, materials and resources, our suppliers, our customers, legislative compliance and risk.
“As a mission-based non-profit that runs the global environmental disclosure system, CDP greatly values the support of Currys plc. Action this decade is critical to ensuring that we can limit global warming to 1.5°C and safeguard our planet’s natural resources. Quite simply what is measured can be managed. Through its 2021 disclosure to CDP, Currys plc has demonstrated its clear commitment to transparency around its environmental impacts and its strategies for action. This benefits the company as well as its shareholders, customers, and employees alike.”Sonya Bhonsle Global Head of Value Chains & Regional Director Corporations, CDP
The climate crisis remains one of the greatest threats to our planet and we are playing our part in tackling it.
We support the Task Force on Climate-related Financial Disclosures ('TCFD') and its recommendations and we're committed to assessing the impacts of climate risks and opportunities across our operations and supply chains. You can read more about our governance structure, strategy and risk management in our Annual Report.
We report our energy consumption and Scope 1, 2 and 3 greenhouse gas emissions in our Annual Report. We also continue to respond to the CDP questionnaire on Climate Change and are proud to have retained our 'B' score.
Net Zero Emissions
Net zero is the future and we're committed to achieving net zero emissions by 2040 by reducing the impact of the energy and resources we use in our operations - but also in our wider value chain.
Our emissions reduction targets to reduce Scope 1, 2 and 3 greenhouse gas (GHG) emissions by 50% across the Group by FY2029/30, have also been approved by the Science Based Targets initiative, as consistent with levels required to meet the goals of the Paris Agreement. Our reporting methodology can be found here. We also support the British Retail Consortium's net-zero roadmap, committing the UK retail industry to be net-zero by at least 2040.
Our Scope 3 emissions include the indirect emissions from across our value chain which account for over 90% of our total emissions. The most material impacts are within purchased goods and services and the use of sold products. We will achieve reductions in these emissions through a programme of activities involving our suppliers, our manufacturers and through colleague engagement.
View our Energy & Carbon data in the Sustainable Business chapter of our 2020/21 Annual Report & Accounts.
We're taking action to reduce our use of energy. In fact we maintained our certification of our Energy Management System ('EnMS') in 2020/21 for our UK and Ireland estate and fleet.
In line with the British Retail Consortium’s Climate Action Roadmap, we have set a target to operate 100% LED coverage in all new buildings by 2025 (currently over 30% of our UK retail portfolio uses LED technology as the main source of lighting).
- In 2020, our new Bristol Distribution Centre benefited from a further investment of £390k to fit LED lighting.
- In October 2020, we opened our new 330,000ft² Bolton ERDC, an EPC rated A building reflecting our commitment to energy efficiency. It achieved a ‘Very Good’ BREEAM rating, a leading sustainability assessment method for masterplanning projects, infrastructure and buildings.
Renewable Energy Sources
100% of our properties on the UK Mainland, Greece and in the Nordics are powered by renewable electricity, where we are responsible for supplier contracts. This renewable energy is certified by Renewable Energy Guarantees of Origin (REGOs) and independently verified. We also have four sites with Solar PV installed, with a capacity of over 2MWp, reducing our CO2 emissions by approximately 413 tonnes.
Transitioning to a low carbon fleet
We are a signatory to the Climate Group's EV100 initiative and are fully committed to transitioning to a 100% electric or alternative fuel fleet by 2030.
EV100 is a global initiative bringing together companies committed to accelerating the transition to electric vehicles (EVs).
We currently have nine electric vehicles in service across the Group, along with 34 charging points installed across seven sites. We are in talks with many of the major vehicle manufacturers to continue trialling car and van options, with the plan introduce more EVs at scale in 2022.
We are also targeting reductions through improved driver training, the use of telematics and our ‘in-cab’ driver alert system and implementing ISO50001. This project is one of the many things we are doing to help us reduce our carbon emissions. Additionally, we will change all our light duty to EV and hope to transition at least 50% of our medium duty vehicles.
We recognise the pressing need to improve our use of resources and create circular business models.
There’s no feeling quite like helping a customer find some new tech that suits their needs. But keeping their tech working is important too, and it's an area of focus we're really proud of.
In the UK our 1,350-person repair team processes and repairs over a million products a year. In the Nordics we repair over 900,000 products each year, leading the way on electronic repairs in Norway.
Trade-in and Repair
We help customers make the most of their tech, but when they are finished with it we also offer trade-in for laptops and other devices. We're happy to take most types and makes of device - we even take damaged and non-working devices. Find out more on currys.co.uk.
Reduction, Reuse and Recycling
We are hugely proud to be the biggest recycler of waste electricals and electronic equipment (e-waste) in UK Retail. We collected 104,173 tonnes of e-waste across our Group last year, helping colleagues, customers and wider communities reduce their environmental impact. Find out more about recycling at Currys.
We partner with the Reuse Network and work with the UK’s largest independent recycler of e-waste and provider of reuse, Environcom. We donated more than £9million worth of products last year.
We have a target for zero operational waste to landfill in the UK and Ireland by 2025 and have now met and exceeded our interim target to divert 95% of this waste from landfill by 2022. All recyclables from our UK stores are taken to our national recycling facility. Consistent grades of cardboard, plastic and expanded polystyrene are delivered by our Customer Service Centre depots to our recyclers, ensuring minimal transportation and the best return for our material.
Plastics and Packaging
Plastics and packaging is up there as one of the big challenges we need to solve, and we’re prioritising a number of ways to help reduce, recycle and reuse it. We're committed to making all own-label packaging reusable or recyclable by 2023. Above and beyond that:
- We continue to reduce plastic packaging from Original Equipment Manufacturer (OEM) products.
- Last year we removed 1.7 million individual pieces of plastic packaging across our headphones and mobile accessories, equating to 27 tonnes of plastic.
- We regularly encourage all our suppliers to eliminate all unnecessary plastics and packaging.
- We're working with other retailers and suppliers to share best practice to help reduce the industries’ reliance on plastic packaging by sharing our packaging matrix.
You can read more about how we help our customers recycle packaging.