EXECUTIVE INSIGHT
WHERE ARE YOU ON YOUR SUSTAINABILITY JOURNEY
We are only at the beginning of the journey and have so far refined our operations and strategy to adopt a net zero roadmap that aligns with the SBTi standards in four ways :
• We established an ESG Board to oversee progress against the ESG agenda and provided them with carbon literacy training
• WSH formed four action groups , each dedicated to a strategic pillar of our sustainability agenda – ensuring a structured and focused approach towards achieving our targets
• We have appointed a WSH board member as a sponsor for each group . This high-level involvement underscores the importance of sustainability and ensures that the goals are better understood and integrated
• Internal reporting . We have agreed on individual targets with each of our businesses and implemented regular tracking and KPI reporting to drive awareness . We monitor our progress and identify areas for improvement to ensure we understand how we track against our net-zero targets . Reporting is made available for each business and provides an overall picture of performance for WSH .
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WHAT UNDERPINS THE SUCCESS OF THE SECOND NATURE STRATEGY
Working groups responsible for operational execution and translating strategic ideas into tangible steps have been established . Regular tracking and reporting mechanisms have been implemented . These mechanisms monitor progress towards sustainability goals , identify areas for improvement and ensure accountability .
In addition , collaboration with stakeholders and suppliers is actively encouraged . WSH believes achieving sustainability goals is a collective effort and is committed to driving sustainable practices across the supply chain .
HOW DO YOU TRACK AND ASSESS DATA-DRIVEN TARGET SETTING
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Data-driven target setting is a critical component of any successful net-zero strategy . It provides a clear , quantifiable roadmap for businesses , ensuring transparency and accountability in their sustainability efforts . One of the critical plans put in place to track progress and decrease environmental impact is the measurement of baseline data across all KPIs .
30 September 2024