Jet Plant Environmental Social and Governance Policy
ESG is a set of standards that measure a business’s impact on society, the environment, along with how transparent and accountable it is.
At Jet Plant Hire Limited we provide road planing services to the construction industry across a wide range of clients – from multinational corporations to local surfacing contractors. The company has taken the first steps to realising its ESG ambitions by investing in a pilot scheme run by Marsh Commercial to create a framework and report that formalises the work we have already been doing in this area.
Our ESG Strategy
Our ESG strategy has been formalised and is focussed on addressing the environmental, social and governance challenges impacting our stakeholders, and the wider community. We are focussed on driving long-term business sustainability and maintaining ethical and compliant business practices.
We created a baseline in 2021 of our emissions and formulated an ambitious strategy on how we support the global target from COP26 of no more than a 1.5 degree rise in climate temperature.
Our ESG Ambition? Why?
To know and quantify our impact on the environment we operate in – in every sense of the word. To lead our industry to Net Zero road planing.
To re-invent our industry so that reducing emissions to Net Zero is the absolute driver in procurement of road planing services in order to meet the global target of no more than 1.5 degrees rise in climate temperature.
Our Carbon Reduction Targets
2022
Underwriting and investment decisions to focus on low-carbon strategies
2025
25%
cut in carbon intensity of investments
2030
60%
cut in carbon intensity of investments
2040
NET ZERO
company with Net Zero carbon investments
Our Mission
Our mission is to set the standard of sustainability within the road planing industry through innovation.
- Our services will be driven relentlessly to reduce carbon emissions to Net Zero and deliver the strategic needs of our clients and our planet.
- We will champion emissions reduction throughout our industry and become recognised industry leaders through our actions towards achieving Net Zero.
- We will be an integral part of our customers’ supply chain working strategically in collaboration with them to meet their carbon emissions targets.
- We will form strategic partnerships with leading global manufacturers to procure leading edge technology and systems to lead our industry to Net Zero.
- We will invest in our staff by providing the best training and support so that combined with the best equipment we enable everyone to achieve Net Zero emissions.
- We will communicate effectively with our customers, staff and suppliers and take responsibility and accountability in a way that reflect our company values.
- Our clients will want to work with us because they will appreciate that we are the industry leader in emissions reduction and the journey to Net Zero.
Our ESG Commitment
We strive to build sustainable, equitable, healthy and diverse communities through a combination of innovative propositions and exemplary environmental, social and governance (ESG) performance. This commitment informs every aspect of our business, including how we operate our company, collaborate with stakeholders and report progress.
Environmental
At Jet Plant, environmental sustainability means minimising the environmental impact associated with our fleet and transportation of plant from our operations and investment activities.
We support the recommendations and are committed to follow guidance on climate disclosure from the TCFD
Social
Jet Plant recognises how important our people are to our long-term success and our aim is to expand and embrace individuality and diversity, providing a safe environment where we promote well-being and a healthy work life balance. Jet will ensure fair treatment and equal opportunities where everyone feels valued.
Governance
Jet Plant promotes strong oversight, transparency and risk management at all levels within our organisation, ensuring the resilience and preservation of the business. Our board commitment to ESG is reflected in the establishment of a sub-committee to ensure that ESG considerations are seen as business as usual.