Go Zero is our plan to act on climate and reduce our environmental impact. We have set ourselves an ambitious goal - to reach net zero carbon emissions by 2035.
Taking bold steps towards environmental sustainability is the right thing to do for the health of our planet. It matters to everyone. Climate action requires a global effort, so we’re playing our part. Our brands around the world are acting to reduce their impact and track their footprint. We are committed to leading change in our sector, which means not just reducing our own impact, but inspiring others, including our suppliers and our competitors, to do the same.
We have a big ambition, to reach net zero carbon emission by 2035 across our own operations and our value chain. We have submitted our net zero targets to the Science-Based Target Initiative for validation, and we are committed to publicly reporting our progress.
We have taken time to understand our environmental impacts by fully measuring our value chain emissions across Scopes 1, 2 and 3. We have set near and long-term targets in line with climate science, and we are investing in technology which allows us to track and report our progress.
As a business we are committed to operate ethically and sustainably and we have aligned internal processes with the recommendations of the TCFD. We have taken time to understand our environmental impacts by fully measuring our value chain emissions across Scopes 1, 2 and 3. As a result we have set near and long-term targets in line with climate science, and we are investing in technology which allows us to track and report our progress, and our transition plan is in development.
Climate change and climate risk considerations are part of long-term risk strategy. We conducted a climate change risk assessment at Group level in 2022 and started integrating this at Divisional level in 2023. We are in the process of conducting our Climate Scenario Analysis and reviewing our Climate Risk and Opportunities across our business, and we will roll out comprehensive training across our Group and Divisional risk teams in 2023 and 2024.
Flutter’s Board is responsible for overseeing environmental, social and governance (“ESG”) matters including approval of priorities, plans and targets in respect of ESG, as well as reviews of performance. It is supported by the Risk and Sustainability Committee, which maintains constant oversight of our sustainability strategy/Positive Impact Plan and ongoing risk management.
At a management level, the development and implementation of our sustainability strategy is led by our Group Sustainability and Regulatory Affairs function.
Metrics and targets
In September 2023 we submitted our net zero target to the Science Based Target Initiative (SBTi). We have set a 2035 net zero carbon emissions target across all scopes in line with the 1.5°C. We are currently awaiting SBTi approval for our target, but have begun planning and implementing our transition pathway including adopting the GHG Protocol as our reference for greenhouse gas reporting and calculation procedures.