ESG Report 202223 - Flipbook - Page 20
Decarbonising
services to our clients
Driving down emissions
The reduction of our carbon emissions is a long-term focus for us. As a participant
in CarbonReduce (previously called the Certified Emissions Measurement and
Reduction Scheme), we monitor, measure and seek to minimise our carbon footprint.
Our measurements make use of external audits to provide verified carbon emission monitoring. The use
of the Achilles CarbonReduce certification has confirmed that, following an in-depth audit and review
process, the Group now complies with the rigorous ISO14064:2018 carbon reporting standards.
In April 2022 we formally registered our commitment to setting a near term science-based target
to 2030 that aligns with maintaining global average temperature rise to below 1.5oC .
Following this commitment, the SBTi allows 24 months in which to establish our target for their
validation. We have been actively using this time period to establish a target and action plan and have
revised our target deadline to the end of March 2024 (from March 2023) to take full advantage of the
time allotted to us.
In the last year we have undertaken a full analysis of our Scope 3 indirect emissions with our specialist
carbon consultants EcoAct. This assessment provided insight on where we need to focus our efforts in
our indirect emissions, these are principally with our supply chain.
We are now actively developing our target for scopes 1, 2 and 3 in preparation for submission to SBTi
for validation. We are looking forward to sharing our success for this ambition in our next report.
Understanding Science Based Targets
Science Based Targets translate the latest knowledge from climate science into the reduction
targets necessary to meet the requirements of the pivotal Paris Climate Change Agreement
of 2015. The agreement was to maintain average global temperatures to below 1.5oC when
compared with pre-industrial levels. Preventing the increase of global temperatures requires
a significant reduction in levels of greenhouse gases released into the atmosphere. This
reduction in the so called ‘carbon budget’ equates to halving of emissions by the end of 2030
and reaching net zero by 2050. Net zero is the point where the emissions of greenhouse gases
released matches those absorbed out of the atmosphere.
Science-based targets determine by how much and how quickly
we need to reduce our emissions in the near term and long
term. These standards are set and validated by SBTi with the
requirement to disclose our performance annually.
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