Social Value Report 2021-2022

LAUNCH OF NET ZERO STRATEGY In 2021, FM Conway announced the launch of our Net Zero Strategy which sets out our roadmap for reducing carbon across our business and reaching our net zero target by 2045. Climate change is the responsibility of every individual; it is an issue that we all must address. We are on the journey to net zero together, and our new strategy details how we will take action to deliver our ambitions for a greener future. Following the launch, we set targets for our decarbonisation progress over the next decade, centred on reducing carbon emissions from our operations, and set out metrics for the short, medium and long-term: • A 25% reduction in Scope 1 and 2 emissions by 2024/25 • A 50% reduction in Scope 1 and 2 emissions by 2030/31 • Net zero in scope 1 and 2 emissions by 2045/46

39