ABLE Launches ESG Performance Report: A Landmark in Sustainability and Governance

ABLE has officially published its Environmental, Social & Governance (ESG) Performance Report, marking a significant milestone in the company’s journey toward transparency, sustainability, and responsible business leadership.

This comprehensive report, aligned with Global Reporting Initiative (GRI) Standards, sets a new benchmark for ABLE’s operations across its 11,500+-acre landholding and strategic port facilities on the Teesside and Humber. It reflects ABLE’s commitment to powering Britain’s clean-energy future while delivering measurable social and economic value.

Key Highlights from the ESG Performance Report

1. Carbon Neutrality Achieved and Verified

Able Group has achieved its Carbon Neutral status, verified by Carbon Footprint Ltd under ISO 14064-3 standards.

  • Total emissions: 2,659.09 tCO₂e (Scopes 1, 2 & 3)

  • Offset: 2,660 tonnes CO₂e through a Verified Carbon Standard (VCS) solar project

  • Roadmap to Carbon Negative: Launched in Q1 2025, targeting a 50% emissions reduction by 2030 and net-negative by 2050.

2. Circular Economy Leadership

At Able Seaton Port, 97%+ of materials from dismantled offshore oil and gas platforms were recycled or reused in 2024—an industry-leading achievement that underscores Able’s commitment to resource efficiency and landfill avoidance.

3. Social Value Impact

ABLE delivered £6.33 million in social value during 2024, a 17.5% increase year-on-year, driven by:

  • Local employment and apprenticeships

  • Donations to community organisations including Hartlepool and Billingham Foodbanks

  • £8,000 worth of safety equipment donated to the International Fire Training Centre

  • Significant local supply chain spend: £1.4 million with SMEs within 15 miles of operations

4. Health & Safety Excellence

Across 195,000 working hours, Able recorded zero RIDDOR incidents, reinforcing our ISO 45001-certified safety culture.

5. Governance & Future Outlook

Able has established a formal ESG Steering Committee, reporting directly to the Group CEO, to embed sustainability into every strategic decision. Future initiatives include:

  • Launch of Able Group Environmental Utility (AGEU) for biodiversity net gain and carbon removal projects

  • Responsible Supply Chain Standard with ESG clauses in all contracts

  • Annual GRI-aligned ESG disclosure and a dedicated ESG Hub on Able’s website for real-time transparency.

Recognition and Industry Leadership

ABLE’s efforts have earned national recognition:

ABLE is thrilled that we were shortlisted in four prestigious categories at the Offshore Energies UK (OEUK) Awards 2025 and successfully won three awards! 

·       Award for Excellence in Decommissioning – Supply Chain WINNER!

·       Outstanding Contribution to Circular Economy – WINNER!

·       Early Career Professional of the Year – Luke Donnelly – WINNER!

·       Innovative Supply Chain Company of the Year – FINALIST!

We are honoured to be recognised across such a diverse range of categories, these nominations and subsequent awards reflect our team’s dedication to innovation, sustainability, and excellence in every aspect of our work.

CEO Statement

"Our ESG Performance Report is more than a compliance exercise—it’s a declaration of our values and vision. From carbon neutrality to circular economy leadership, Able is committed to driving Britain’s clean-energy transition while creating lasting benefits for communities and the environment."
— Lance Taylor, Group CEO

Explore the Full Report

The complete ABLE ESG Performance Report is available for download at:

https://drive.google.com/file/d/1i0IrIaKVbCBISFPdEux5EkWoqnpP5YHa/view?usp=sharing

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ABLE Triumphs at OEUK Awards 2025 – Leading the Way in Decommissioning and Circular Economy