People

Our ambition

To continue to develop an engaged and inclusive workforce where our employees feel valued and can fulfil their potential. To build relationships with the local community, provide support where needed and leave a lasting legacy. To place the highest priority on health and safety as we continue to pursue our zero-harm ambition.

Category Description Performance Status Progress

Employee engagement

Creating a working environment where our employees can develop their skills.

75

Engagement survey KPI (FY24: 74)

Achieved

Our second employee engagement survey saw a modest increase from 74 in FY24 to 75 in FY25. While we made progress in some key areas, we acknowledge there is more work to be done, and specific actions will be taken in FY26.

Health and Safety

Keeping everyone safe is our highest priority. We have a zero harm ambition, and aim to reduce the frequency rate of serious accidents year-on-year.

0.17

reportable incidents per 100,000 hours worked (FY24: 0.20)

0.19

lost time incidents per 100,000 hours worked (FY24: 0.18)

Partially Achieved

The frequency rate of our most serious category of accident reduced to 0.17 per 100,000 hours worked, down from 0.2 in FY24 and 0.3 in FY23. We will continue to focus on keeping everyone safe in FY26.


Diversity, equity and inclusion

Building a culture where people feel heard, valued and supported, because when our people thrive, our business grows with them.

Male 57% /Female 43%

Gender diversity of our Board (FY24 Male 57%/Female 43%)

Achieved

We became a strategic partner of the Construction Inclusion Coalition during the year, and continued to run our mentoring programme.

Product

Our ambition

To champion the energy saving potential of our products and solutions and support the net zero ambitions of the countries in which we operate. To continue to develop clean air solutions that protect people’s health and increase their comfort in an ethical and responsible way.

Category Description Performance Status Progress

Low-carbon solutions

Our low-carbon solutions help reduce emissions from buildings and are the cornerstone of our offering in the transition to a low-carbon economy.

71.2%

Low-carbon product sales. 77.6% organic (FY24: 74.6%)

28.5%

Heat recovery sales. 32.5% organic (FY24: 31.7%)  

Achieved

FY25 saw an increase in low-carbon sales on an organic basis from 74.6% to 77.3%. Our target of 70.0% was achieved.

FY25 also saw an increase in heat recovery sales on an organic basis from 31.7% to 32.5%.

Including Fantech, low carbons sales were 71.2% and heat recovery sales are 28.5% due to the dilution effect of the lower proportion of these products in the current Fantech product portfolio.

Supply chain management

Committing to responsible and ethical supply chain management as a manufacturer of electrical and durable plastic goods.

94

supplier audits completed (FY24: 71)

100%

eligible employees completing modern slavery training

Achieved

In FY25, we further enhanced our activities on social responsibility and ethical business practices in our supply chain.

In FY26, we will keep focus on the social aspects in our supply chain.

Planet

Our ambition
To reduce our environmental impact by improving business efficiencies and minimising our impact on the climate. To focus on the quality of materials we use, to support the creation of a circular
economy and to eliminate all forms of waste across our value chain.

Category Description Performance Status Comment

Our carbon emissions

Reducing carbon emissions from operations, our supply chain and the use of our products.

12.0

Carbon intensity (location based tCO₂e/£m revenue) (FY24: 12.8)

12.3

FY25 target

Achieved

In FY25, our near-term and net zero carbon reduction targets were validated by SBTi.

In FY26, we will continue to progress the reduction of our Scope 1, 2 and 3 emissions.

Sustainable materials

Increasing the use of sustainable materials in our manufactured products, including the use of recycled plastics, saves resources and energy use.

83.9%

use of recycled plastic (FY24: 78.1%)

90%

FY25 target

Partially  Achieved

In FY25, the proportion of recycled plastic used in our production increased significantly, with UK facilities at 90.0% and Nordics production increasing to >25%. Our stretch target was missed but continued progress is expected in FY26.

Packaging waste and management

Managing the waste from our products and direct operations helps reduce our impact on the environment.

9%

waste to landfill (new measure in FY25)

80%

waste recycled (new measure in FY25)

Achieved

We continued to expand the use of responsible ‘Nil waste to landfill’ waste-removal services across the Group, with <10% of direct waste going to landfill.