At RB, we take a value-chain approach to understanding and managing our climate change risks and impacts. This is based on carbon lifecycle modelling and we prioritise our efforts to address the biggest risks and opportunities in our operations.
Our strategy involves taking action right across the footprint of our products; implementing energy-efficient production processes, investing in purchased and on-site renewable energy, and advancing our sustainable innovation programme. We have joined the RE100 initiative, a collaborative, global initiative to drive change in renewable energy.
You can read more about our analysis of our impact on climate change in our ‘Climate change’ Insight.
In recognition of Science Based Target setting and recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), we reviewed our current climate change strategy and targets in line with various scenarios. Our materiality review supports our current and developing strategies and operational activity on energy and water, and climate change more broadly.
You can read more about our work identifying and understanding climate change risk and our strategy to combatting it in our ‘Understanding climate change risk’ Insight.
*since 2012