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
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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.

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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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