What is ESG?
ESG stands for Environmental, Social, and Governance. These three pillars reflect the key areas in which companies are expected to disclose their performance. At the core, ESG’s goal is to capture all the important non-financial risks and opportunities happening in a company’s everyday operations.
Join us as we take you through our world of ESG and its impact on our business, sustainability, and the future.
Three pillars
1. Environmental
Panda is always looking for new ways to protect our planet.
We promise to reuse, repurpose & recycle your waste by leading the field in the circular economy, improving services in our communities while reducing our carbon footprint. Each year we process and manage 1.7 million tonnes of ‘waste’.
Fully committed to our ‘zero-disposal’ ambition, we are proud of:
Reducing our emissions
In 2022, we produced 55,000 tCO2e across our scope 1 and 2 emissions, managing our customer waste. As we look to reduce our emissions, we are investing into solar power, green fleet, and fossil fuel alternatives. We are currently in the process of quantifying our scope 3 emissions to provide our customers with more in-depth detail on the carbon footprint of waste management.
1.7 million tonnes managed
As Irelands leading provider of sustainable waste management services, we managed 1.7 million tonnes for processing, recycling, re-use and recovery, reaching a recycling and recovery rate of 82% across the group in 2022.
Solar energy
In 2022, we installed 0.3MW of solar energy on our Dublin based MRF roof – as we continue to rollout solar across our facilities, we have a goal to install 3MW of solar capacity by the end of 2023.
Getting creative with renewable energy
Just because we can’t reuse, recycle, or repurpose it, it doesn’t mean we send it to landfill. Instead, we turn non-recyclable items, food waste and biogas into:
Just because we can’t reuse, recycle, or repurpose it, it doesn’t mean we send it to landfill. Instead, we turn non-recyclable items, food waste and biogas into:
Sustainable energy
In 2022 we produced 77,000 MWh of sustainable energy via our biogas operations and biomass to energy infrastructure – this means we produce more energy than we consume providing a sustainable source of energy to the national grid.
Solid recovered fuel (SRF)
An alternative to fossil fuels, SRF is perfect for powering industrial facilities. Shredding refuse down to 40mm pieces, we generate 350,000 tonnes of industry-bound fuel a year.
Refuse derived fuel (RDF)
The best way to handle non-recyclable commercial waste… every year we turn 500,000 tonnes of it into fuel. That’s enough to power 100,000 homes and businesses!
Addressing climate change is paramount
In 2022, we embarked on the journey to net zero emissions by 2040. A formal net zero plan is in development, and due for release in early 2024, guiding our climate change and carbon management efforts.
In 2022, we embarked on the journey to net zero emissions by 2040. A formal net zero plan is in development, and due for release in early 2024, guiding our climate change and carbon management efforts.
