Social Value Report 2024-2025

A Track Record of Delivery We are pleased to confirm that as of the latest reporting year (FY 2024/25), we have delivered an annual emissions reduction for the third consecutive year. Compared with the baseline reporting year, annual emissions have been reduced by 8,348 tCO 2 e – representing a 15% reduction in absolute emissions. On an intensity ratio basis of tCO 2 e per £1m revenue, compared with the baseline reporting year of 143 tCO 2 e per £1m, this has reduced to 79 tCO 2 e per £1m – representing a 45% reduction. In addition to the 15% reduction in absolute CO2e reductions achieved, to meet our March 2025 target of 42,286 tCO 2 e, we offset an additional 10% of our baseline using voluntary carbon units. These units support credible projects around the world in alignment with the United Nations’ Sustainable Development Goals.

Creating Engagement in our Net Zero Aspirations

As part of our net zero aspirations, we are ensuring that we bring our people along with us and have developed a low carbon workshop (‘The Road to Net Zero’) module and toolbox talk. Both have been rolled out to our staff, to promote and influence carbon reduction within every division. Further to this, we have introduced our Sustainability Fund, which is an employee incentive scheme designed to generate innovative ideas from within the business regarding sustainability. We are looking to tap into the creativity, innovation, and expertise of our people to engage them in the process and make sure that great ideas do not get overlooked. The best ideas will be rewarded financially.

Our Net Zero Journey

Certification by the British Standards Institute (BSI) to PAS 2080:2023

In collaboration with Westminster City Council, we laid a record-breaking 92% recycled asphalt mix

All electricity across the FM Conway Group continues to be purchased from renewable sources

Selected as Business Champions of the CO2nstruct Zero Programme

All commercial vehicles have Samsara telematics system installed to optimise logistics planning and monitor driver performance in both a safety and efficiency capacity

Switched all our gas ready asphalt plants to run on natural gas, instead of more carbon intensive alternative fuels

Increased charging capacity at our sites and depots to support EV expansion plans

Switched 25% of our <1.5 tonne fleet to fully electric

Warm-mix asphalt has been set as the default option at key asphalt plants

Full year operation of our fully electric plug-in Sennebogen Wharf crane, saving 130 tonnes of CO2e annually

Rolled out Eco-Max welfare cabins with full solar array and lithium battery for energy storage

Switched over 40% of our powered tools to electric, switching away from their fossil fuel alternatives

Rolled out our salary sacrifice EV scheme via Octopus Energy for our employees and seen a large uptake

All company car choices continue to be only 100% electric