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2. Environmental Policy<br />

The Company is conscious of its position and role within the<br />

community and is committed to continual improvement of<br />

our environmental performance. In meeting this objective,<br />

the Company’s environmental policy is:<br />

• To satisfy all appropriate legislation and conform to<br />

good industry practice.<br />

• Requires full consideration to be given to:<br />

o Responsible use of raw materials and conservation<br />

of resources<br />

o Efficient use of energy in all operations<br />

o Use of packaging materials and processes which<br />

minimise demands on non-renewable resources<br />

o Minimising emissions into the air, water courses or<br />

as waste<br />

o The environmental impact of new capital investments<br />

• Encourages active participation of employees in<br />

addressing environmental issues.<br />

• Seeks assurances from suppliers on environmental issues.<br />

• Subject to review, incorporating new objectives<br />

as appropriate.<br />

We do all we can to reduce the indirect effects of our<br />

operations upon our surrounding environment. It is well<br />

known that greenhouse gases such as CO2 and methane<br />

released into the atmosphere by human activity cause<br />

climate changes and the effects of this changing climate can<br />

be seen already, temperatures and sea levels are rising as<br />

ice and snow cover decline, with potentially catastrophic<br />

consequences for the natural world and society.<br />

The largest and fastest growing pressures on the environment<br />

come from areas such as household energy and water<br />

consumption, food consumption, transport and tourism.<br />

We are now focussing on the whole life cycle of goods,<br />

services and materials, including impacts outside the UK.<br />

3. Carbon Management Policy<br />

Fortnum & Mason acknowledges that its activities impact<br />

upon the environment and contribute to climate change.<br />

Therefore, it is committed to reducing carbon dioxide and<br />

other greenhouse gas emissions and thus its impact on<br />

climate change.<br />

Fortnum & Mason wants to be a leader in efforts to address<br />

climate change, and sees this as an excellent opportunity to<br />

promote its environmental credentials.<br />

In managing carbon, Fortnum & Mason will:-<br />

• Annually assess its organisational carbon footprint<br />

• Identify opportunities to reduce CO and other<br />

2<br />

greenhouse gas emissions by:<br />

o Reducing the need for activities<br />

o Making activities more efficient<br />

o Making activities greener and cleaner<br />

23<br />

• Consider offsetting our unavoidable emissions using<br />

high quality offsetting projects.<br />

• Set targets to reduce emissions and monitor against<br />

benchmarks.<br />

• Allocate responsibility for achieving these policy aims.<br />

• Review targets and this policy regularly.<br />

• Involve and engage staff in environmental activities.<br />

• Promote these achievements to customers.<br />

By committing to this policy, Fortnum & Mason aims to<br />

position itself as a leader in addressing climate change. The<br />

Company sees competitive advantage and new business<br />

opportunities to be gained from continually improving<br />

environmental performance. The action plan aims to<br />

reduce wastage, improve efficiency and save money, so<br />

embedding good environmental management into core<br />

business activities.<br />

a. Energy Efficiency<br />

Activities currently undertaken to reduce energy include:<br />

• Building Management System (BMS) to control heating<br />

and cooling.<br />

• Lighting Management System (LMS) to control store<br />

lighting times.<br />

• Passive Inferred (PIR) sensors in washroom and<br />

•<br />

storeroom facilities.<br />

External optimisers.<br />

• Introduction of low voltage and LED lighting.<br />

To further develop our environmental work, we have<br />

recently appointed consultants Carbon Clear to assist us<br />

in further formalising our carbon management processes.<br />

We have calculated our carbon footprint for examining<br />

Scope 1 and Scope 2 emission under Greenhouse Gas<br />

Protocol, gas electricity, other fuels, also water.<br />

For the year to June 2010 our footprint amounted to<br />

3,347 tonnes of CO 2 e, with 81% arising from electricity<br />

consumption at the Piccadilly store. A summary of the<br />

footprint is shown below:<br />

Units Tonnes of<br />

CO 2e<br />

Electricity - Piccadilly kWh 4,961,467 2,700<br />

Gas – Piccadilly kWh 2,769,656 565<br />

Water – Piccadilly M3 23,847 23<br />

Electricity – Ely kWh 88,345.95 48<br />

Calor Gas - Ely Litres 6,686 10<br />

Total Footprint – Tonnes of CO 2e 3,347

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