Environmental and Climate Change

Striving for a Greener Future Through Responsible Practices and Innovation

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Striving for a Greener Future Through Responsible Practices and Innovation

Wasco’s commitment to practicing environmental sustainability is a journey.

Our environmental policy and practices are aligned with international, national and local environmental laws and legislations. They include strategies that follow international best practices that prevent pollution, minimise waste and conserve natural resources wherever we operate.

Global Commitment
Prevent Pollution
Conserve Natural Resources

  1. Environmental Assessment

    Conduct a comprehensive assessment of environmental issues directly related to our operations. This evaluation will identify key areas where our activities impact the environment, such as resource consumption, emissions, water consumption and waste generations.

  1. Data-Driven Tracking and Monitoring

    Establish robust tracking and monitoring routines to collect relevant data. This information will serve as the foundation for developing measurable targets. By tracking our environmental performance consistently, we can make informed decisions and measure progress effectively.

  1. Strategic Planning for Impact Reduction

    Develop data-driven strategies and action plans aimed at minimising our environmental footprint. These strategies address critical aspects like energy efficiency, emission reduction, waste reduction, and sustainable sourcing. By aligning our efforts with empirical data, we can achieve maximum impact in our sustainability initiatives.

  1. Transparent Reporting to Leadership

    Regularly report our progress to senior management and the Board. These reports highlight the implementation of our strategies, their effectiveness, and any adjustments made based on data insights. Transparency ensures accountability and encourages continuous improvement.

Maximising Sustainability

We can then develop data-driven strategies and action plans aimed at minimising our environmental footprint. These strategies address critical aspects such as energy efficiency, emission and waste reduction, and sustainable sourcing. By aligning our efforts with empirical data, we can achieve maximum impact in our sustainability initiatives. By having regular, transparent reporting of our progress to senior management and the Board, this enables us to highlight the implementation and effectiveness of our strategies and any adjustments made based on data insights. Transparency ensures accountability and encourages continuous improvement that helps us maximise sustainability.

Sustainable Sourcing
Energy Efficiency
Waste Reduction
Climate Change

Leading the Fight Against Climate Change

The top priority and one of the key challenges facing industry and society is climate change. As a globally leading energy company, it is our duty to embed global climate change in our strategy whilst delivering our mission and vision.

We unequivocally support the United Nations Framework Convention on Climate Change and the Paris Agreement. These include measures to progressively reduce global emissions, including the aim to limit the world’s temperature increase to 1.5°C above pre-industrial levels.

In an effort to reduce our emissions impact, we are currently updating our emissions reduction targets to be consistent with a 1.5°C pathway and we aim to achieve net zero Scope 1 and Scope 2 emissions by 2026.

The first milestone in Wasco’s journey towards Operational Net Zero Emissions by 2026 was the verification of Green House Gas (GHG) emissions by Bureau Veritas in 2012. This was followed by capacity building, tracking and reporting of emissions from 2013. By 2014, our commitment to a Carbon Footprint Reduction was included in our Corporate Sustainability Policy. In 2019 we further evolved our sustainability strategy to align with Goal 13 of the UNSDGs - Climate Action and this year also witnessed the implementation of our Group Emissions Reduction Plan. In 2021 we launched our Operational Net Zero Emissions Plan that set the target for 2026. The implementation of this plan is ongoing. 

    • GHG Gas Emissions verified by Bureau Veritas

    • Capacity building, tracking and reporting of emissions

    • Inclusion of carbon footprint reduction commitment in the Corporate Sustainability Policy

    • Corporate Sustainability reiterates commitment on emissions reduction in line with Goal 13 of the UNSDGs - Climate Action

    • Implementation of the Group Emissions Reduction Plan

    • Launching of Operational Net Zero Emissions Plan with target set for 2026

    • Continue implementation of Group's Emissions Reduction Plan