ESG Strategy

Our ESG strategy encompasses a series of goals and strategic objectives designed to drive meaningful progress across our business. We want to minimise adverse environmental and social impacts throughout our value chain, extend our offering of products and services that support the low carbon economy and build a more inclusive and diverse culture that welcomes all customers and where our colleagues thrive.

We are committed to embedding ESG into the delivery of our corporate strategy through investing in our colleague capability, leading and differentiating in our markets and embedding operational efficiency to enable investment

As we embark on this journey, I am enthusiastic about overseeing the progress we make that will drive our company forward but also contribute positively to our communities and environment.

Tanvi Gokhale Chair of the ESG Committee

Planet goal

Achieve net zero greenhouse gas emissions, build our resilience to climate change and minimise environmental impacts across our value chain.

Our strategic objectives are:

Net zero

Reduce absolute Scope 1 and Scope 2 greenhouse gas emissions ("GHG") 42% by FY30 from a FY20 base year.
Reduce absolute Scope 3 GHG emissions 25% by FY30 from a FY20 base year.
Achieve Net Zero GHG emissions across our value chain by FY50.

Packaging

Set own-brand packaging requirements to minimise environmental impact and increase recyclability labelling.

Climate resilience

Consider climate-related physical risks in strategic business decisions.

Responsible sourcing

Reduce potential risks from purchased goods and services across Halfords' global supply chain.

Proposition goal

Provide products and services that support our customers' transition to more sustainable motoring and cycling.

Our strategic objectives are:

More sustainable mobility

Become the industry leader in the electric vehicle aftermarket and e-bike repair and sales.
Maximise opportunities to improve the vehicle efficiency of the ageing UK car parc.

Circular solutions as standard

Leverage circular economy principles as a disruptive selling model, enabling our customers to minimise waste and save money.

People goal

Build a more inclusive and diverse culture that welcomes all customers and where colleagues thrive. Support charitable organisations and local communities to make motoring more sustainable and get more people cycling.

Our strategic objectives are:

Inclusive and responsible culture

Build a more diverse organisation that reflects our customers and communities.
Embrace a diverse workforce, enhance our understanding of diverse communities, and promote a sense of inclusion and belonging.
Promote a culture that supports our colleagues to be happy and healthy through a proactive and holistic approach to wellbeing at Halfords.

Charity and community

Support colleagues to fundraise and volunteer for motoring, cycling, and inclusive charities both locally and nationally.
Use our influence to advocate for policies that promote active travel and sustainable mobility.