How we're going to get there

Our sustainability strategy is how we intend to deliver our aspirational sustainability goals. 

Our Sustainability Strategy

Our strategy focusses on the things we know are most important to our business, our people, customers, communities, investors, and other key stakeholders. 

We have set five strategic goals that will help us deliver meaningful change.

Creating a safe and diverse workplace 

We want to make sure our people can bring their whole selves to work and go home safely to their families at the end of the day. We believe that all injuries and work-related illnesses are preventable.  

We are a diverse organisation that aspires to reflect the communities we operate in and the customers we serve. 

Our culture is inclusive and allows everyone to bring their whole selves to work, so our people feel comfortable about expressing their views and ideas and are treated with equity. 

Our measures 

• Zero serious injuries 

• 30% women in leadership by FY27 

• Engagement (eNPS) ≥ 40

Progress we’re making: 

• Strengthening our safety culture through our safety programme - Protect 

• Delivering important best in class people policies - Parental Leave and Gender Affirmation Leave + Transitioning at Work Guidelines  

• Collectively working to lift employee engagement 

• Delivering leadership programmes such as Whakatupu to drive diversity in leadership. 

Supporting information 

• Protect EHS (Environment, Health and Safety) Policy (PDF)  

• Inclusion and Diversity Policy (PDF) 

• Parental Leave Policy (PDF) 

• FB Code of Conduct (PDF) 

Enriching our communities

We genuinely believe our purpose of “improving the world around us through smart thinking, simply delivered” cannot be achieved unless we have our community and our customers at the heart of what we do. 

We will proactively maintain our social licence to operate via greater interaction with and positive impacts on the community and work with other like-minded organisations to constantly cultivate ideas that will enrich our customers’ lives and the communities we operate in. 

Progress we’re making: 

• 190,000 customers on digital platforms 

• $4 million donations and sponsorships in FY23

• More than 400 family members of Fletcher Building employees received support for study or extra tuition in FY23

• We continued to support students who would otherwise be unlikely to have an opportunity to enter tertiary education with five First Foundation scholarships  

Supporting information 

• Human Rights policy (PDF) 

• Supplier Code of Conduct (PDF) >> 

• 2022 Modern Slavery Statement – Fletcher Building Australia (PDF)  

• FB Employee Educational Fund >>

• $25,000 donated to wish4fish by the team building the new Winstone Wallboards factory >>

• Nga Maunga Whakahii o Kaipapra and Fletcher Living partnership set to deliver newhousing on Auckland’s North Shore >>

• Fletcher Building donates $250,000 to Red Cross New Zealand Disaster Fund >>

Making a positive environmental impact 

We understand the impacts our business has on the environment.  

We are in a unique position to positively contribute to the environment and we will put significant effort into areas where we can create meaningful change and have a positive impact.

While we will always have an impact, we appreciate we have responsibility to ensure the balance is positive. 

Our measures 

• 30% reduction in our direct and indirect emissions by 2030 

• Net zero carbon by FY50 

Progress we’re making: 

• Continue with our Scope 1 and Scope 2 emissions reduction roadmaps  

• Launched Low Carbon cement EcoSure at 699 kg of CO₂-eq/t cement, is 27% lower than the ISC baseline

• Expand our analysis of energy and transport options in AU and NZ, working with ISC and other partners on sector options for change 

• Continue and accelerate our engagement with suppliers on their emissions reduction plan – starting with the open doors – our biggest emitting suppliers and those that are already taking action. 

Supporting information 

• Climate-related Risks Disclosure

• Fletcher Building Assurance Statement FY18 Emissions Inventory (PDF)

• Fletcher Building Assurance Statement FY19 Emissions Inventory (PDF)

• Fletcher Building Assurance Statement FY20 Emissions Inventory (PDF) 

• Fletcher Building Assurance Statement FY21 Emissions Inventory (PDF) 

• Fletcher Building Assurance Statement FY22 Emissions Inventory (PDF) 

• Fletcher Building Assurance Statement FY23 Emissions Inventory (PDF)

• Fletcher Building CDP score >> 

Innovating to deliver sustainable building products and solutions 

Sustainable products and solutions will be the future of our sector. 

We are stepping forward to shape our industry by innovating sustainable building products and solutions to deliver the best future outcomes for our customers and communities and work with the industry to achieve this. 

We will be a thought leader in our sector – influencing, partnering and driving positive change in our industry.

We won’t accept the status quo – instead, we will challenge ourselves and partner with others to accelerate innovation and boost a sustainable construction sector. 

It should be easy and convenient for our customers to choose a sustainable product, with the options being accessible and available. 

Our measure 

• 75% revenue from sustainably certified products by FY26 (in our manufacturing businesses) 

Progress we are making: 

• 71% of revenue from our product portfolio in our manufacturing businesses came from sustainably certified products FY23, up from 61% in FY22.  

• We have 18 Environmental Product Declarations for our products, five of them published in July 2023.

• LowCO (Fletcher Living's low carbon home pilot) will be an industry leader in sustainable housing development, already it has opened up a number of new product offerings and partnerships with likeminded industry players 

• Work with industry associations (e.g. NZGBC, LCANZ) and government agencies to share knowledge about lower embodied carbon products 

Supporting information: 

• Sustainably Certified Products (PDF) 

• Understanding EPDs (PDF) 

• Find out more about Fletcher Living’s LowCO home >> 

Eliminating waste and reusing products

We will consciously eliminate waste and create ways to reuse products and materials. 

As a portfolio of businesses across the value chain, we are in a unique position to champion the circular economy and support others to take part. 

We will consciously design products that use fewer resources and reduce waste and pollution, while focusing on creating new end-of life solutions for our products. 

A circular economy commitment requires us to collaborate across all of our operations with a common goal to drive positive environmental change. 

Our measure 

70% waste avoided, recycled and/or reused by FY26 

Progress we’re making: 

• We’ll continue with a strong focus on waste reused and recycled and using waste management plans for major projects. 

• New Winstone Wallboards plant at Tauriko will be able to use recycled plasterboard as feedstock.  

• We have diverted close 100,000t of waste from landfill at Golden Bay in FY23.

• The acquisition of Urban Quarry® provides a dual service hub of aggregate supply for city-based construction sites, and collection of construction and demolition waste. It will provide a platform to capture sufficient waste quantities at a central point to enable recycling on an efficient scale and accelerate access to expanded circular economy and recycling solutions for our customers.

Supporting information: 

• Golden Bay launches New Zealand’s lowest GP cement >> 

• Golden Bay sustainable disposal solution for waste tyres a New Zealand first >> 

• Fletcher Building opens first of its kind concrete innovation lab >> 

To see more great examples of what we are doing check out “Our journey so far” >>