Nichols PLC 2023 SR
The report details Nichols plc's sustainability progress in 2023 under its 'Happier Future' strategy, structured around people, products, and climate impact. Key highlights include exceeding the 2025 Scope 1 and 2 emissions reduction target by 5% and launching an Inclusion Hub to promote diversity. The company successfully transitioned to 81% palm oil-free ingredients in its UK brand-licensing portfolio and increased no-added-sugar products to 52% of its UK volume. Additionally, Nichols developed a comprehensive UK net-zero roadmap aiming for 2050, while addressing challenges such as glycerol removal in slush products and delays in fleet electrification.
Company: Nichols PLC
Sector: Consumer Staples
Country: United Kingdom
Year: 2023
Type: SR
Pages: 13
Nichols PLC
Progress Report
The report details Nichols plc's sustainability progress in 2023 under its 'Happier Future' strategy, structured around people, products, and climate impact. Key highlights include exceeding the 2025 Scope 1 and 2 emissions reduction target by 5% and launching an Inclusion Hub to promote diversity. The company successfully transitioned to 81% palm oil-free ingredients in its UK brand-licensing portfolio and increased no-added-sugar products to 52% of its UK volume. Additionally, Nichols developed a comprehensive UK net-zero roadmap aiming for 2050, while addressing challenges such as glycerol removal in slush products and delays in fleet electrification.
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Document Details
Report Year
2023
Reporting Period
2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Net Zero Target