Billington Holdings PLC Billington Structures Carbon Neutral Certification
September 12 2023 - 2:00AM
RNS Non-Regulatory
TIDMBILN
Billington Holdings PLC
12 September 2023
REACH
12 September 2023
Billington Holdings Plc
("Billington" or the "Company" or the "Group")
Billington Structures Carbon Neutral Certification
Billington Holdings Plc (AIM: BILN), one of the UK's leading
structural steel and construction safety solutions specialists, is
pleased to announce that the Company's largest subsidiary,
Billington Structures Ltd, has been certified as 'carbon neutral'
for its operations, by Carbon Neutral Britain, following their
audit of Billington Structures emissions and carbon dioxide
offsetting programme. Billington is undertaking carbon reduction
initiatives across the Group with a view to all of the Group's
businesses being certified as carbon neutral in due course.
Billington Structures gaining carbon neutral certification
follows a number of initiatives undertaken by the business to
reduce its environmental impact and is part of Billington's
commitment to achieving, as a minimum, the goal set by SBTi
(Science Based Targets Initiative), of a 50% carbon emissions
reduction by 2030 and net zero by 2050. There is a significant
global initiative to ensure 'clean steel' and Billington are proud
to be a member of SteelZero, a global standards and certification
initiative designed to deliver environmentally responsible
production of steel and speed up the transition to a net zero steel
industry.
Since May 2023 Billington Structures has used electricity
procured from 100% green energy with a REGO accredited 0% emissions
factor. Its vehicle fleet is increasingly electric, reducing carbon
emissions by approximately 15% annually, and further planned
reduction activities include the introduction of Biofuel (HVO)
across factories and site-based activities. Additionally, 1,770
tonnes of CO e emissions have been offset via the Woodland Fund(TM)
portfolio of verified carbon offsetting projects. Billington also
maintains the 'Gold Standard' awarded by the British Constructional
Steel Association for meeting the requirements of the 'Steel
Construction Sustainability Charter'.
Mark Smith, Chief Executive Officer of Billington,
commented:
"Billington believes that operating in a sustainable and
responsible manner is key to the growth and success of the Group.
As part of this, Billington is therefore committed to achieving
carbon neutrality across all of its businesses as soon as possible,
together with minimising the environmental impact of its
activities. We are therefore delighted that our largest business,
Billington Structures, has now been certified as carbon neutral and
we intend that our other businesses will be certified as such as
soon as practical."
For further information please contact:
Billington Holdings Plc Tel: 0122 634 0666
Mark Smith, Chief Executive
Trevor Taylor, Chief Financial
Officer
Cavendish Capital Markets Limited Tel: 020 7220 0500
- Nomad and Broker
Ed Frisby / Charlie Beeson - Corporate
Finance
Andrew Burdis / Barney Hayward
- ECM
IFC Advisory Limited Tel: 0203 934 6630
billington@investor-focus.co.uk
Tim Metcalfe
Graham Herring
Zach Cohen
About Billington Holdings Plc
Billington Holdings Plc (AIM: BILN), one of the UK's leading
structural steel and construction safety solutions specialists, is
a UK based Group of companies focused on structural steel and
engineering activities throughout the UK and European markets.
Group companies pride themselves on the provision of high technical
and professional standards of service to niche markets with
emphasis on building strong, trusted and long-standing partnerships
with all of our clients. https://billington-holdings.plc.uk/
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END
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