Carbon Reduction

Declaration of Commitment to Achieving Net Zero by 2050

AWD Electrical LTD T/A Economy Energy Group

April 1st, 2024

AWD Electrical LTD T/A Economy Energy Group is dedicated to being at the forefront of the fight against climate change. As part of our ongoing commitment to environmental stewardship, we hereby declare our pledge to achieve net zero carbon emissions by the year 2050.

Our Commitment:

Reducing Carbon Footprint: We are committed to significantly reducing our carbon footprint through the implementation of energy-efficient practices and technologies across all our operations. This includes optimising energy use, minimising waste, and adopting renewable energy sources.
Sustainable Practices: We will integrate sustainable practices into our business model. This involves evaluating and improving our supply chain, investing in eco-friendly products and services, and promoting a culture of sustainability within our organisation.
Innovation and Technology: We will leverage the latest innovations and technological advancements to drive our efforts towards net zero. This includes deploying smart grids, energy storage solutions, and electric vehicle infrastructure to reduce emissions and improve energy efficiency.
Collaboration and Partnerships: Recognising that achieving net zero is a collective effort, we will collaborate with customers, suppliers, and government bodies, to create and implement strategies that support our net zero goals. We will actively participate in industry initiatives and contribute to the development of policies and standards aimed at reducing carbon emissions.
Transparency and Accountability: We are committed to maintaining transparency and accountability in our journey towards net zero. We will regularly monitor, report, and verify our carbon emissions and progress towards our targets. Our stakeholders will be kept informed through annual sustainability reports and updates on our website.
Employee Engagement and Education: We will engage and educate our employees on the importance of sustainability and their role in achieving our net zero goals. Training programmes and awareness campaigns will be conducted to foster a culture of environmental responsibility within our workforce.

Our Path Forward:

To achieve our net zero target by 2050, we have outlined a roadmap that includes short, medium, and long-term goals. This roadmap will be reviewed and adjusted periodically to ensure that we stay on track and adapt to new challenges and opportunities.

By committing to net zero by 2050, AWD Electrical LTD T/A Economy Energy Group aims to make a positive impact on the environment and contribute to a sustainable future for generations to come. We understand the urgency of the climate crisis, and we are determined to take decisive action to address it.

Signed,

Anthony Dixey
AWD Electrical LTD T/A Economy Energy Group

Our Carbon Reduction Plan

Objective: To achieve net-zero greenhouse gas emissions by 2050 through strategic actions and continuous improvement across all operational areas.

Energy Efficiency and Renewable Energy Usage

1.1. On-Site Renewable Energy Generation

Action: Install solar panels, and/or other renewable energy systems at all company facilities.
Target: 50% renewable energy usage in all operations by 2030, 100% by 2040.

1.2. Energy Efficiency Measures

Action: Implement energy-efficient lighting (LED), heating, and cooling systems.
Target: Reduce energy consumption by 20% by 2025 and 40% by 2035.

Sustainable Product Development

2.1. Eco-Friendly Materials

Action: Prioritise the use of sustainable and recyclable materials in product manufacturing.
Target: Ensure 80% of materials are sustainable by 2030.

2.2. Product Lifecycle Management

Action: Design products for longevity, reparability, and recyclability.
Target: Develop take-back and recycling programs for end-of-life products by 2025.

Supply Chain Optimisation

3.1. Sustainable Sourcing

Action: Partner with suppliers committed to reducing their carbon footprint.
Target: Ensure 50% of suppliers are committed to carbon reduction practices by 2025, 100% by 2040.

3.2. Logistics and Transportation

Action: Optimise logistics to reduce transportation emissions and transition to electric or hybrid vehicles.
Target: Reduce transportation emissions by 30% by 2030 and 60% by 2040.

Operational Carbon Footprint Reduction

4.1. Waste Management

Action: Implement a zero-waste policy.
Target: Achieve zero waste to landfill by 2035.

Employee Engagement and Training

5.1. Awareness and Education

Action: Conduct regular training sessions on sustainability practices for all employees.
Target: All employees to complete sustainability training by 2025.

5.2. Incentives for Sustainable Practices

Action: Offer incentives for employees to use public transport, carpool, or cycle to work.
Target: 30% of employees to use sustainable commuting methods by 2030.

Community Engagement

6.1. Community Projects

Action: Invest in community renewable energy projects and carbon offset programmes.
Target: Support at least 5 community projects by 2025, 20 by 2040.

Collaboration

7.1. Collaboration

Action: Partner with academic institutions, industry groups, and other renewable energy companies.
Target: Establish 5 strategic partnerships by 2025.

Greenhouse Gas Emissions Targets

2025: Reduce total GHG emissions by 20% from 2020 levels.
2030: Reduce total GHG emissions by 50% from 2020 levels.
2040: Achieve a 80% reduction in GHG emissions from 2020 levels.
2050: Achieve net-zero GHG emissions.

Implementation Timeline

2024-2025: Conduct baseline assessments, initial audits, policy formulation, and pilot projects.
2026-2030: Full-scale implementation of energy efficiency, supply chain, and operational improvements.
2031-2040: Expand renewable energy usage, achieve significant GHG reductions, and optimise all processes.
2041-2050: Finalise transition to net-zero, continuous monitoring, and future planning.

Conclusion

By adopting this comprehensive carbon reduction plan, AWD Electrical LTD T/A Economy Energy Group will significantly reduce its greenhouse gas emissions, advance towards sustainability, and achieve net-zero emissions by 2050. This plan demonstrates a strong commitment to environmental stewardship and sets a benchmark for the industry.