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Progress to date
Gamma’s reporting and transparent disclosures are supporting our commitments across all ESG areas, holding us accountable to our plans and ensuring that we achieve what we set out to.
The ESG Committee is responsible for ensuring that we provide appropriate visibility of our ESG credentials to the investment community, as well as other stakeholders. We are pleased to report that during the past two years the company has received positive ratings from CDP (B) and MSCI (AA) as well as an updated assessment and rating from Sustainalytics.
Our voluntary Taskforce on Climate-related Financial Disclosures (TCFD) report is included in the Annual Report. Our Sustainability Report reflects our activity during 2024, including an update of ESG KPIs and targets.
Looking forward across the group
Our initial set of KPI metrics across all aspects of ESG are based on World Economic Forum (WEF) International Business Council (IBC) common metrics and this was reported in the Sustainability Report.
We are committed to understanding our environmental impact further, demonstrated by the ongoing progress made in expanding our GHG scope.
We were delighted to announce in early 2024 that our ambitious carbon reduction targets have been approved by the Science-Based Targets initiative (SBTi) - a significant milestone in Gamma’s net-zero journey.
We strive to further enhance our disclosures consistent with the TCFD recommendations, particularly for climate-related risks and opportunities.
Working with our supplier base has been a key focus area. We have continually improved our understanding of Scope 3 emissions (indirect GHG emissions) and have started to identify reduction opportunities, as outlined in our Carbon Reduction Plan.
Task Force on Climate-related Financial Disclosure (TCFD)
Gamma’s reporting and transparent disclosures are supporting our commitments across all ESG areas, holding us accountable to our plans and ensuring that we achieve what we set out to.
The ESG Committee is responsible for ensuring that we provide appropriate visibility of our ESG credentials to the investment community, as well as other stakeholders. We are pleased to report that during the year the company has been subject to ongoing ESG assessments and received positive ratings from CDP and MSCI as well as an updated assessment and rating from Sustainalytics.
Gamma complies with 11 out of 11 requirements of HM Treasury’s TCFD-aligned disclosure application guidance Listing Rule 9.8.6(8) and the full disclosure is available on pages 54-68 in the Annual Report and Accounts 2024.
CDP
CDP is a global non-profit organisation that runs the world’s leading environmental disclosure system, enabling companies, cities, states, and regions to measure and manage their environmental impacts.
Gamma first submitted to CDP in 2021, and we have continued to improve on our score since then, achieving a B rating in 2022, 2023 and 2024.
A CDP score provides a snapshot of a company's disclosure and environmental performance. Gamma has pledged to provide transparent and accurate reporting of environmental impacts and action being taken, and CDP scoring supports this. It shows where we are on the road to reducing our emissions, including how we work with our supply chain to understand their environmental impact.
We have worked hard to continually improve our data collation, define our targets and collaborate with our supply chain to gain better insight into how Gamma impacts their emissions and how they impact ours.