We have helped Taylor Wimpey identify an estimated £29m in cumulative savings by 2020, by taking action on supply chain energy efficiency.
Sustainability is an issue of growing significance for all house builders. Having a positive impact through the protection and enhancement of the communities and environments where they operate is an increasing priority.
As one of the UK's leading residential developers Taylor Wimpey is taking this seriously. Working with the Carbon Trust it has just completed an energy and carbon strategy which has resulted in an energy reduction programme being implemented business-wide.
This project has helped Taylor Wimpey to identify direct energy and cost reduction opportunities across its own operations and get visibility of where the risks are to ensure it can take appropriate action to reduce exposure to future energy costs on its operations and supply chain (Scope 3).
The project has identified an estimated £9m in cumulative direct cost savings by 2020 through cost-effective energy efficiency measures. The Carbon Trust also estimated that by implementing energy efficiency measures Taylor Wimpey could hit a target of 20% reduction in carbon emission intensity by 2020.
Taking action on supply chain energy efficiency within four key areas could help avoid over £3m in annual material costs by 2015 and cumulative savings of £29m by 2020.
Having gone through the process with the Carbon Trust to understand how to reduce our emissions we know there is lots of opportunity for our suppliers to reduce emissions. We want to work with them to save money and help the industry continue to build quality homes that don't cost the earth.
Ian Heasman, Director of Sustainability, Taylor Wimpey UK
Carbon Trust helped Taylor Wimpey develop a broader and deeper view of the how to make a positive impact by engaging with their suppliers, contractors, employees and customers and taking action to enhance the environmental performance of every aspect of their business. Taylor Wimpey is now moving towards taking sustainability into every element of the business from energy, waste and resources throughout its estate to the homes it builds and its supply chain.