Headlam Group PLC Publication of ESG Strategy Report (3572Z)
21 Mayo 2021 - 1:01AM
UK Regulatory
TIDMHEAD
RNS Number : 3572Z
Headlam Group PLC
21 May 2021
21 May 2021
Headlam Group plc
('Headlam' or the 'Company')
Publication of ESG Strategy Report
Headlam (LSE: HEAD), Europe's leading floorcoverings
distributor, has today published an Environmental, Social and
Governance ('ESG') Strategy Report, which is now available on its
website (
https://www.headlam.com/environmental-social-and-governance-esg/esg-report/esg-strategy-report/
).
Overview
Conducting business responsibly, and developing an increasingly
sophisticated and concerted approach to ESG issues, is a strategic
necessity to maintain relevance and resilience in the long-term.
Accordingly, the ESG Strategy Report, which is being published for
the first time, sets out the Company's initial focuses and broader
ambitions in sustainability and ESG.
The Company's overarching strategy is to support sustainability
in the floorcoverings industry by engagement and example, and to
ensure that it is well-positioned to take advantage of future
market dynamics.
After consultation with both internal and external stakeholders,
the Company established and disclosed in its 2020 Annual Report the
ESG issues most material to itself and its stakeholder partners,
namely:
- Internal Emissions
- Governance
- End-of-Life Disposal
- Health and Safety
- IT Resilience and Cyber Security
- Supply Chain Risk
These issues form the basis of the Company's ESG Strategy over
the medium-term, and initiatives and key performance indicators
have been introduced in respect of each of them to establish a
roadmap of actions and progress. This builds upon the wide array of
practices already ongoing within the business, as detailed in the
2020 Annual Report.
Progress Updates
The Company will provide a bi-annual update on its progress,
with the next update being published in November 2021. Subsequent
to that, alongside the 2021 Annual Report, the Company will publish
a full-form ESG Report aligned with both the Task Force on
Climate-related Financial Disclosures ('TCFD') and the
Sustainability Accounting Standards Board ('SASB') as per the
Financial Reporting Council's recommendations.
Enquiries:
Headlam Group plc Tel: 01675 433 000
Steve Wilson, Chief Executive Email: headlamgroup@headlam.com
Chris Payne, Chief Financial
Officer
Catherine Miles, Director of
Communications
Investec Bank plc (Corporate Tel: 020 7597 5970
Broker)
David Flin / Alex Wright
Panmure Gordon (UK) Limited Tel: 020 7886 2500
(Corporate Broker)
Erik Anderson / Edward Walsh
/ Ailsa MacMaster
Alma PR (Financial PR) Tel: 020 3405 0205
Susie Hudson / Harriet Jackson headlam@almapr.co.uk
/ Faye Calow
Notes for Editors:
Headlam is Europe's leading floorcoverings distributor,
providing the channel between suppliers and trade customers of
floorcoverings.
Headlam works with suppliers across the globe manufacturing a
diverse range of floorcovering products, and provides them with a
cost efficient and effective route to market for their products
into the highly fragmented customer base. Alongside
long-established processing and distribution expertise, suppliers
benefit from Headlam's marketing and customer servicing into the
most extensive customer base.
To maximise customer reach, Headlam operates 66 businesses
across the UK and Continental Europe (France, and the Netherlands).
Each business operates under its own trade brand and utilises
individual sales teams while being supported by the Company's
network and centralised resources.
The Company's customer base covers both the residential and
commercial sectors, with the principal customer groups being
independent retailers and smaller flooring contractors alongside
other groups such as larger retailers, housebuilders, specifiers,
and local authorities.
Headlam is focused on providing customers with a market-leading
service through:
-- the broadest product offering;
-- unrivalled product knowledge and tailored solutions;
-- sales team and marketing support;
-- e-commerce support;
-- 'just-in-time' nationwide delivery and collection
service; and
-- other support including the provision of credit.
www.headlam.com
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