Global warming and related physical climate-related impacts are occurring and at a pace that is untenable. Without collective ambition and effort to act now, we risk degrading our environment and future opportunities.
Demand for resources is outstripping availability at a time when organisations are also seeking ways to reduce their Greenhouse Gas (GHG) emissions.
Based on the recommendations of the Intergovernmental Panel on Climate Change (IPCC) and to meet the goals of the Paris Agreement, to avoid the worst potential impacts of global warming, we support a science-based approach to emissions reductions.
As a business delivering low carbon circular economy services, finding solutions that address the challenges of a low carbon sustainable future is both a key challenge and opportunity for Enva.
We recognise that the use of non-virgin, recycled and recovered resources aids in reducing GHG emissions associated with the original primary extraction, refining and processing of resources.
This is at the heart of Enva and our position on climate change is supported by our long-term strategy and business interests.
To support the Paris Agreement to limit global average temperature increases to Well Below 2°C (WB2D) and to pursue efforts to limit warming to 1.5°C above pre-industrial levels, Enva has set its own near and long-term science-based targets.
Our Scope 1 and 2 commitments are aligned with a 1.5°C trajectory and our Scope 3 commitment is aligned with a WB2D trajectory.
In support of a longer-term commitment to Scope 1, 2 and 3 reductions aligned with a 1.5°C trajectory, we commit to achieving
To ensure that action on the risks and opportunities of climate change receive full attention from the business, we have voluntarily adopted core elements of the Taskforce on Climate-related Disclosures (TCFD) framework.
We are further committed to:
In combination with our Environmental Policy and other relevant polices issued by Enva, we adopt a practice of continual improvement in our approach to climate change, adapting our approach and response as climate-science and technology evolves. This policy will be reviewed annually and updated as required.
We will continue to work with all our stakeholders to ensure that the transition to Net Zero is equitable and fair and ensure that the wider implications of climate change on the environment, biodiversity and ecosystems and social value are considered in our decision making5.
Chief Executive Officer
1 Covering a minimum 95% of Scope 1 and 2 GHG emissions.
2 Covering a minimum 67% of Scope 3 GHG emissions.
3 Including all 15 Scope 3 GHG Protocol categories.
4 Covering a minimum of 95% Scope 1 and Scope 2 and a minimum of 90% of Scope 3.
5 In accordance with our baseline recalculation methodology, adjustments to our baseline will be made where material, structural and other defined changes occur in year that vary our overall GHG emissions position by more than +/- 5%.