FM Conway ESG Ratings Report 2021

Growing ‘Green’ Revenues

In terms of our approach to key areas of ESG performance, we also attach great relevance to the potential growth in revenue due to FM Conway’s green products and services. Overview Our track record of environmental innovation is ensuring the company remains well positioned for growth in challenging environmental times. In partnership with key customers including Highways England, we are helping to set the standards for high recycled content asphalt road surfacing options across the UK. We have been producing recycled aggregate for over 30 years. Additionally, our investment in the Drainage Water Treatment Plant with its significant water savings are already components for what we believe is a compelling and sustainable business case. The pressing climate change emergency has increased the focus on the work we are carrying out and has led to increasing collaboration with our customers on ‘green’ issues. Currently the breakdown of revenues between normal asphalt and greener asphalt contracts is not produced and this is something we may look to address at a future point. Example: Westminster Case Study We have been working with Westminster City Council to push the boundaries of materials recycling in the highways industry once again, recently laying a surface course containing a warm mix of 85% recycled materials: an industry first. Our single layer solution, SureLayer® E, was laid on Third Avenue in the Queens Park district of Westminster, delivering a recycled content of 85% which was a combination of high Polished Stone Value (PSV), RAP and ‘recovered aggregate’. This product is challenging conventions around the amount of RAP incorporated in road surfaces and is also delivering carbon savings via the use of a more sustainable warm mix content. Warm mix asphalt is mixed and laid at a reduced temperature, which cuts energy usage and reduces the associated carbon when compared to a traditional hot mix asphalt. As a result, the use of SureLayer® E in the overall scheme, including transport, produces a 40% carbon saving over traditional hot mix asphalt. In total, the 760 tonnes of material supplied by our Heathrow asphalt plant were laid in a single layer by our surfacing division, which increased productivity and reduced the number of lorry movements by 55%.

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