RS Group plc

We have published our 2023/24 ESG Report, outlining our progress against our 2030 ESG Action Plan. Our CEO, Simon Pryce explains: “For us, ESG isn’t just a nice to have – it is a commercial driver that helps us accelerate the achievement of our long-term objectives. Sustainability is a priority for most of our customers who regularly tell us that they require effective solutions to help meet their environmental goals, operational objectives, cost reduction targets and compliance needs. "We’re helping to meet this need via our growing range of Better World products, sustainability solutions and support to low carbon industries. Within our own business, we are also making good progress against the four global goals we set out in our action plan." View the full report at: https://lnkd.in/erbrGEKf #ESGReport #ESGActionPlan #ForABetterWorld

Our Chief Financial Officer, Kate Ringrose, provides a detailed Financial Review following the release of our FY24 Annual Report earlier this month. #WeAreRS #RSGroupPLC #FinancialReport #CFO

Packaging sustainability is a critical issue for our customers. They want to know that we are taking proactive measures to reduce the amount of packaging used, while increasing the amount of recycled content and recyclable materials to minimise waste. Packaging intensity is one of our non-financial KPIs and is included in our SLL targets. In 2023/24, our packaging intensity reduced by 8% from 2022/23 and by 35% from 2019/20. We continued to reduce overall packaging tonnage by using more reusable eco-totes and pallets in our internal replenishment systems and automated packaging machines to produce made-to-fit transit cartons that save space and reduce waste. Reusable plastic collars were introduced and plastic pallets were increased for inventory replenishments between RS locations in EMEA. This has significantly reduced waste across the organisation. We have made progress in switching to more sustainable packaging materials across our regions this year to support our customers: RS in EMEA: we moved to brown packaging boxes which are made from 100% recycled material. 📦 RS in Americas: we increased the proportion of packaging made with over 50% recycled content from 15% by weight in 2022/23 to 46% in 2023/24. ⚖️ RS in the UK, France, Italy and Germany: we replaced plastic tape with paper tape sealing to reduce plastic consumption by four tonnes and make it easier for customers to recycle. ♻️ Combined, these efforts mean that over 53% of total packaging by weight is made from materials that contain at least 50% recycled content. This represents a 6 percentage points increase in recycled content from 2022/23. At the end of 2023/24, 94% of our packaging was reusable or recyclable, unchanged from 2022/23. In 2024/25, we will develop the next phase of our packaging strategy, including our initiatives, investment plans and a review of our 2030 packaging targets to identify further opportunities for action. #ESG #AdvancingSustainability #Packaging #ForABetterWorld

"RS remains a leading, global MRO distributor with real competitive advantage given our technical specialism, broad product range and digitally enabled offer." Read the views of our CEO, Simon Pryce, following the release of our FY24 annual report. #WeAreRS #RSGroupPLC #MakingAmazingHappen #ForABetterWorld #CEO

Our Better World product range helps the global engineers, innovators and problem solvers we serve to make sustainable and responsible product purchases that meet their long-term needs. We know from our close customer relationships and industry research that sustainability is a top business priority and central to customer business goals. A joint report from CIPS and RS Indirect Procurement Report in 2024 showed that ‘sustainable and ethical procurement’ is a top business pressure for UK procurement professionals. Additionally, many of our customers have set long-term net zero commitments and need cost-effective, efficient and credible products and solutions to help them reach these aims. With a lack of credible sustainable product choices available for industrial customers, we saw an opportunity to leverage our industry-leading position to create a clear and robust claims-based framework that enables customers and suppliers to seamlessly transition to more sustainable alternatives. As of March 2024, our Better World product range has expanded to c. 30,000 products from 90+. The range is diverse and extensive and covers all our key product categories and technologies including electrical equipment, personal protective equipment and renewable energy equipment. Over the coming years, our ambition is to collaborate with our suppliers to offer 100,000 sustainable products. This will be supported by the expansion of our sustainability solutions offer. In doing so, we will continue to create long-term value for our stakeholders while advancing global sustainability outcomes. #ESG #AdvancingSustainability #WeAreRS #BetterWorldProducts

A message this Pride Month from our Chief Executive Officer Simon Pryce, Chief of Solutions and Services Debbie Lentz and Chief People Officer Stephen Izquierdo. #Pride2024 #WeAreRS #RSGroupPLC

We see five key trends that are shaping the markets we operate in. As we execute our strategic action plan, we must continue to be agile to react to the ever-changing market demands and future proof our business, while remaining focused on our long-term vision. Explore these trends with us and discover our strategic response to each. #WeAreRS #RSGroupPLC #MakingAmazingHappen #ForABetterWorld

Artificial Intelligence has become one of the defining technologies of our time. But what opportunities and threats does its rapid development present for organisations big and small? Our Chief Customer Experience Officer, Nick Young, has been taking a closer look. #AI #PeRSpectives #ArtificialIntelligence #WeAreRS

The RS Group Annual General Meeting 2024 (AGM) will be held at the offices of Allen Overy Shearman Sterling LLP, One Bishops Square, London, E1 6AD at 12.00pm on Thursday, 11 July 2024. Full details are available at: https://lnkd.in/eWzkJVYP #AGM #RSGroupPLC #WeAreRS

We're delighted to have appointed Raj Patel as the new Managing Director of the RS UK & Ireland market. Since 2020, Raj has been the MD of Distrelec, a high-service, digital-led distributor of industrial maintenance, repair and operations (MRO) products. Following our acquisition of Distrelec in June 2023 he has been leading the rapid integration of the business. Previously the CEO of a large online book distributor, he also spent seven years developing inorganic growth plans, business turnaround and transformation strategies for private equity firms. Peter Malpas, EMEA president of RS, said: “We are delighted to welcome Raj as our new MD for the UK & Ireland market. His exceptional leadership skills, strategic insights and industry knowledge make him the ideal choice to lead this market. “I am excited to see the continued journey for RS UK & Ireland as we go from strength to strength under a different leader and achieve the ambitions we have set out.” Raj succeeds Emma Botfield who has been with RS for almost 10 years and MD of RS UK & Ireland since 2020. Emma has taken on a new challenge leading process harmonisation, delivery & execution across RS Group. Raj Patel said: “I am very excited at the prospect of leading the largest market of the RS EMEA region and I am very passionate about making a difference to our people, customers, suppliers, and our wider external stakeholders. “We have a fantastic range of talent, a strong culture and a clear plan. Our key to success will be ensuring we stay focussed and execute our strategy.” #WeAreRS #RSGroup