Date: Thursday 21 July 2011
Taylor Wimpey has today announced it will be working with Carbon Trust Advisory Services to develop a robust strategic framework to enable them to manage the risks and develop the opportunities arising from carbon.
Taylor Wimpey faces a number of climate related challenges and opportunities that are likely to be of increasing importance to its business in the short and longer term. By working with the Carbon Trust, Taylor Wimpey is taking action to manage these issues responsibly – focusing on aspects that will have a financial impact and areas where there is a clear business case for action.
Peter Andrew, Director – Land & Planning, Taylor Wimpey, said:
“Taylor Wimpey believe that strategic assessment and management of carbon and energy, both direct use and in the supply chain, will yield both sustainability and financial benefits, including greater resilience to future energy price increases”
Hugh Jones, Managing Director, Carbon Trust Advisory, said:
“We are delighted to be working with Taylor Wimpey, a business that is demonstrating its sustainability credentials by recognising the commercial importance of actively managing both its direct and wider supply chain carbon impacts”
Specific areas to be covered by the Carbon Trust strategy include:
- Opportunities to reduce carbon within Taylor Wimpey’s core operations
- Opportunities to reduce carbon within the wider construction supply chain
- Opportunities to mitigate risks of rising energy, waste and other resource costs
Existing companies that currently work with Carbon Trust Advisory to take action on climate change include: Kingfisher; Whitbread and Ladbrokes.