Carbolts Limited: Net Zero Commitment Plan

Company Overview:
We are a fastener retail and manufacturing business supplying large, medium, and small companies throughout the world. As a growing enterprise, Carbolts is committed to scaling sustainably by embedding carbon reduction and efficiency throughout our operations.

Net Zero Target:
We are committed to achieving carbon neutrality by 2030 and reaching net zero emissions across our value chain by 2040.

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1. Vision and Commitment

We, as a UK business working in a global market, recognise the urgent need for climate action and we are dedicated to reducing our environmental impact in line with the goals of the Paris Agreement. Our vision is to grow responsibly while contributing to a global transition to a low-carbon economy.

We commit to:

• Achieve carbon neutrality in our direct operations (Scope 1 ) by 2030.
  
  
• Our electricity consumption is purchased through Octopus Energy, and as such is sourced using 100% renewable electricity (Scope 2)
  
  
• We collaborate with our suppliers and logistics partners to reduce Scope 3 emissions and endeavour to reach full net zero by 2040.
  
  
• We regularly monitor, report, and improve our sustainability performance.

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2. Current Actions and Achievements

Carbolts has already taken meaningful steps toward emissions reduction:

These early actions demonstrate our commitment to sustainability and operational efficiency.

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3. Carbon Footprint and Scope Definition

Carbolts’ carbon footprint will be categorised into the three main emission scopes:

• Scope 1: Direct emissions from company-owned vehicles and machinery.

• Scope 2: Indirect emissions from purchased electricity, heating, and cooling.

• Scope 3: Indirect emissions from suppliers, transportation, waste, and product life cycles.

A full baseline carbon assessment will be completed by mid-2026 to quantify emissions and set and improve measurable reduction targets for each scope.

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4. Carbon Reduction Strategy (2025–2030)

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5. Offsetting and Carbon Neutrality

Continue to achieving maximum feasible emission reductions, any remaining emissions will be balanced through verified carbon offset projects, prioritising:

• Renewable energy generation in developing regions.

• Reforestation and biodiversity projects aligned with Gold Standard or Verified Carbon Standard (VCS).

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6. Governance and Reporting

As a business we will:

• Use our Sustainability Lead to oversee implementation and tracking use

• Keep abreast of any new sustainability tactics 

• Use independent verification (where possible) to ensure accuracy

• Integrate sustainability metrics into management KPIs and growth planning.

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7. Long-Term Goals (2030–2040)

• 2030: Achieve carbon neutrality (Scope 1).

• 2035: 50% reduction in Scope 3 emissions.

• 2040: Achieve Net Zero across all operations where possible.

• Continue innovation in sustainable materials and green manufacturing technologies.

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8. Partnerships and Alignment

We will align our efforts with:

• Sustainable Development Goals (SDGs).

• SME Climate Hub for tools and support.

• Science-Based Targets initiative (SBTi) for small business commitments.

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9. Review and Continuous Improvement

Our Net Zero Commitment Plan will be reviewed regularly to reflect:

• Technological advancements (e.g., improved solar efficiency, electrical logistics).

• Update carbon accounting data.

• Implement evolving industry standards and best practices.

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Statement from Leadership

“At Carbolts, sustainability is not just a goal — it’s a responsibility. We are committed to building a resilient, low-carbon business that grows responsibly and contributes positively to our communities and our planet.”