Russ Maxim
26 April 2024

Carbon Reduction Plan: Achieving Net Zero

Strong commitment has been demonstrated towards achieving Net Zero emissions by 2040, adhering to principles of environmental responsibility and sustainable business conduct.

A well-articulated Carbon Reduction Plan serves as the guiding document, specifying key initiatives, goals, and the progress made so far. Baseline emissions for the year 2021 are pivotal as they provide the foundational reference for tracking and evaluating the environmental impact going forward.

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Over the course of 2022, a series of changes were implemented, such as the transition to LED lighting and the adoption of virtual meeting technology, which collectively resulted in a total emissions reduction from 224.6 tCO2e in 2021 to 212.1 tCO2e in 2022—a 5% decline compared to the 2021 emissions intensity baseline.

Looking ahead, a comprehensive roadmap is in place to facilitate the journey to Net Zero. This roadmap includes the development of Scope 3 emission reporting capabilities, the formalisation of carbon budgets, transitioning to a zero-emission car fleet, and endorsing sustainable travel initiatives, among other strategies.

"Strong commitment has been demonstrated towards achieving Net Zero emissions by 2040, adhering to principles of environmental responsibility and sustainable business conduct."

Russ Maxim
Managing Director

The Carbon Reduction Plan has been meticulously reviewed and approved by the board of directors, complying with all pertinent statutory guidelines and conversion factors. It also aligns with SECR requirements and the GHG Reporting Protocol. This approach underscores the high level of importance assigned to environmental responsibilities and sets a benchmark for responsible corporate behaviour in mitigating climate change.

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