​Fletcher Building confirms commitment to Science Based Targets and a reduction target of 30% by 2030

21 August 2019

Fletcher Building issued their carbon reduction target to 2030 in their recently published annual report. Targeting a 30% reduction in emissions by 2030, the publication claims Fletcher Building is the first construction materials company in Australia and New Zealand to commit to setting a Science Based Target for carbon reduction.

CEO Ross Taylor announced the commitment with Fletcher Building’s annual results. “We are committed to reducing our carbon footprint and are in the process of setting a science-based target for carbon emissions reduction.”

Fletcher Building’s sustainability journey continues to develop with work to increase the transparency of reporting in this space and the move towards an integrated reporting model.

They have a range of initiatives underway and each business unit will be developing reduction plans in line with the 2030 carbon targets. These include the diversion of up to half of all New Zealand’s used tyres into fuel to be used in the manufacture of cement, the recycling of plastic waste into the manufacture of their plastic pipes, and the planned investment in a new state-of-the-art Winstone Wallboards factory, which will enable the recycling of used plasterboard and the reduction of carbon emissions by 15%.

In addition, a scale housing panelisation factory in Auckland will facilitate both higher quality homes and a significant reduction in the average total time of constructing a home.

More information is available on the Fletcher Building website: https://fletcherbuilding.com/about-us/environment-and-sustainability/