Governance and management structure

Our sustainability is rooted in our approach to shared prosperity within Bytes, which aims to deliver positive impact for customers, colleagues and communities across themes most relevant to our stakeholders and our purpose.

As one of our key value drivers, environmental criteria, includes the energy our operation takes in and the waste it discharges, the resources it needs, and the consequences for living beings as a result. Not least, it encompasses carbon emissions and climate change. As every other company, we use energy and resources and as a results affects, and is affected by, the environment.

 

Environmental Policy

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Low Carbon Action Plan

2024 has been a milestone year.  Through our close partnership with an external consultancy we have now reported on our Scope 3 emissions across all 10 categories that are relevant to the company, which has been completed for our FY23 and FY24. 

This expansion in emissions reporting has enabled us to be able to submit our targets to the Science Based Targets initiative (SBTi), where we are anticipating validation in H1.  Our emissions reductions build on the achievements made through moving to 100% renewable electricity for our owned offices.  We will also be focussing on working with our suppliers to understand and support their journeys to Net Zero, as well as backing a move to more sustainable travel.

Carbon Reporting 2023/24

Carbon Reduction Targets

Overall Net-Zero Target: 

  • Bytes Technology Group Plc commits to reach net-zero greenhouse gas emissions across the value chain by FY2041.

Near-Term Targets: 

  • Bytes Technology Group plc commits to reduce absolute scope 1 GHG emissions 60% by FY2031 from a FY2021 base year. 
  • Bytes Technology Group plc also commits to maintain a 100% absolute reduction of scope 2 GHG emissions by FY2029 from a FY2021 base year. 
  • Bytes Technology Group plc further commits to reduce absolute scope 3 GHG emissions 50% by FY2031 from a FY2023 base year.

Long-Term Targets: 

  • Bytes Technology Group plc commits to reduce absolute scope 1 GHG emissions 90% by FY2041 from a FY2021 base year. 
  • Bytes Technology Group plc also commits to maintain a 100% absolute reduction of scope 2 GHG emissions through FY2041 from a FY2021 base year.
  • Bytes Technology Group plc further commits to reduce absolute scope 3 GHG emissions 90% by FY2041 from a FY2023 base year.
Download Carbon Reduction Plan PPN 06/21

Carbon Reduction Targets - Additional

Non-SBTi validated targets / Original near term targets

  • Our original Scope 1 reduction target is still in place but not applicable for SBTi validation due to its immediacy.   Target is to Reduce Scope 1 emissions by 50% from a 2020/21 baseline by 2025/26. 
  • Our original Scope 2 target of reducing emissions by 50% by 2025/26 has been met through the purchase of renewable electricity - which has given us a 100% reduction. 

Supply Chain Engagement

Bytes ensures its suppliers are treated fairly and promotes fair commercial arrangements that will ultimately benefit them and our customers. We encourage all suppliers that the products they supply are from ethical sources, and wherever possible are Fairtrade. We only work with responsible partners and suppliers who are regularly assessed and reviewed to ensure that they are competitive, ethical, socially responsible and have excellent quality and environmental practices.

Download our Supplier Code of Conduct

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