Ferguson Posts Progress on ESG Strategy - Modern Distribution Management

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Ferguson Posts Progress on ESG Strategy

Industrial supplies distributor Ferguson held absolute emissions steady against its increasing revenue in fiscal year 2023.
Ferguson ESG

On Oct. 11, plumbing, HVAC, PVF and industrial supplies distributor Ferguson announced it has lowered its total recordable injury rate and held absolute emissions steady against its increasing revenue in fiscal year 2023.

Ferguson logo

According to Ferguson’s 2023 ESG Report, which outlines the company’s progress on its ESG strategy and vision to minimize the environmental impact of its operations and foster a safe, inclusive culture, the company has:

  • Lowered its total recordable injury rate by 14% and its lost time rate by 21% in the fiscal year. ​
  • Achieved 33% revenue intensity reduction (per million USD of revenue) in Scope 1 and 2 GHG emissions since 2019/2020 baseline year by holding absolute emissions steady against an increasing revenue.
  • Signed a 65-megawatt Virtual Power Purchase Agreement (VPPA) with ENGIE North America, which is expected to generate enough clean wind power to match a significant portion of Ferguson’s annual electricity use in the United States and Canada.
  • Launched three learning programs for female leaders.
  • Become a founding sponsor of Women in Plumbing and Piping (WiPP), a nonprofit dedicated to empowering and supporting women in the plumbing industry.

Ferguson appeared on MDM’s Top Distributors Lists, including No. 1 on plumbing, No. 2 on HVACR, No. 2 on PVF, No. 3 on industrial, No. 8 on MRO and No. 7 on building materials/construction.

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