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Ambitious climate change scheme

19 • March • 2021

Ambitious climate change scheme

Biffa, the UK’s leading sustainable waste management company has joined the Science Based Targets initiative (SBTi), setting science-based emission reduction targets to lower its carbon footprint. Since 2002 Biffa has reduced its CO2 emissions by 65% and is targeting a 50% carbon emission reduction by 2030.

19 March 2021

Biffa joins ambitious climate change scheme

Biffa, the UK’s leading sustainable waste management company has joined the Science Based Targets initiative (SBTi), setting science-based emission reduction targets to lower its carbon footprint. Since 2002 Biffa has reduced its CO2 emissions by 65% and is targeting a 50% carbon emission reduction by 2030.

The move to join the world recognised SBTi scheme will help further define Biffa’s journey to net zero emissions and demonstrates Biffa’s commitment to a more sustainable future. Positive action from Biffa on climate change this year has already seen the introduction of the UK’s largest fleet of electric Refuse Collection Vehicles in Manchester and a recent £13m increase in investment in plastic recycling which will enable Biffa to recycle a further 14,000 tonnes of High-Density Polyethylene (HDPE), a material that is commonly used for milk bottles, growing its total annual capacity to 39,000 tonnes or 1.6bn bottles a year. One tonne of recycled polyethylene terephthalate (rPET) in new drinks bottles saves around 1.5 tonnes of CO2.[1]

Biffa’s plans include phasing out the purchasing of fossil-fuelled collection vehicles, increasing route efficiency by 20% and supporting a low carbon economy by quadrupling plastic recycling capability.

Connie Turner, Group Sustainability Manager at Biffa, said: “At Biffa we have already made great progress in reducing our emissions by 65% since 2002 but we need to go further and faster. Tackling climate change is a key pillar of our sustainability strategy Resourceful, Responsible and by joining SBTi and embedding science based targets in the business we have the tools to make sure we can act quickly to reduce our carbon footprint.” 

What is SBTi?

More than 1,000 companies including Biffa are signed up to SBTi, which aims to support organisations to drive ambitious climate action. It helps companies set reduction targets for science-based emissions that are in line with the latest climate science deemed necessary to meet the goals of the Paris Agreement - limiting global warming to well-below 2°C and pursuing efforts to limit warming to 1.5°C.

The initiative was launched in 2015 and is a partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact (UNGC), World Resources Institute (WRI) and the Worldwide Fund for Nature (WWF).

How does SBTi work?

Emission reduction targets are submitted to the SBTi and independently verified against a set of science-based criteria. Biffa is targeting a further 50% reduction in direct emissions by 2030. These relate to emissions which Biffa has operational control over and the indirect emissions from electricity consumption. Biffa is also committing to reducing carbon emissions within its supply chain known as scope 3 emissions. The targets for scope 3 emissions will be defined over the next 2 years.

-ENDS-

Notes to Editors

SBTi website  Ambitious corporate climate action - Science Based Targets

Background

For enquiries, please contact:

Houston

biffa@houston.co.uk / +44 (0)204 529 0549

About Biffa

Biffa has been at the forefront of the UK’s waste industry for over a hundred years, with operations that span the entire breadth of the waste management process including collection, reuse, recycling, treatment, disposal and energy generation. We exist to change the way people think about waste; to help people see the opportunities that exist when we manage our waste in the right way, and to make that happen. We understand the vital role we must play in helping the UK to address the climate emergency and deliver sustainable growth. This involves an ambitious investment programme in green economy infrastructure and low carbon collections, alongside an ongoing commitment to sector leadership in the health, safety and wellbeing of our people. Biffa is a Great British company. In FY20, the Group's total revenue was £1,102.8m and its Underlying EBITDA was £174.0m. We have been listed on the London Stock Exchange since October 2016 under the ticker "BIFF". In March 2020, Biffa entered the FTSE-250.

For more information visit www.biffa.co.uk/investors



[1] Source: WRAP, circular economy and resource efficiency experts, https://www.wrap.org.uk/content/fast-facts-plastics