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Environment And Sustainability

At EQ…Key Drivers

Sustainability at EQ is changing. In line with our values, we seek to use our inventiveness to care for our customers in a way that is mindful of our planet.

In anticipating alignment with the Taskforce on Climate-Related Financial Disclosures ('TCFD') recommendations, and with increasing engagement from our clients and colleagues, we are actively working on moving towards setting a net-zero target.

In 2018 we switched our buildings to run on renewable energy wherever possible.

Progress in 2020

With the Government’s Carbon Zero strategy in mind, in 2020 we have explored our carbon footprint beyond our greenhouse gas emissions from buildings and business travel. We looked at all possible sources of Scope 1,2 and 3 emissions to identify which were material to our business.

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Exploring our scope 3 emissions

We looked at all 15 categories of value chain emissions identified by the Greenhouse Gas Protocol Scope 3 Accounting and Reporting Standard. We paid close attention to what we could measure, particularly those which might have significant environmental impact for EQ. We identified business travel, employee commuting, and purchased goods and services as our material impacts, alongside our Scope 2 emissions from purchased electricity and heat.

Within purchased goods and services, we identified our three largest emissions sources as print and mail, IT hardware and data storage with third party providers.

Our next steps are to have our data externally verified before agreeing our targets and timelines in 2021.

Our Environmental Performance

Greenhouse Gas Emission (Tonnes of CO2)

Green House Gas - Equiniti 2019 2018 2017
Buildings 5,013 4,813 5,011
Air travel 1,418 1478 683
Vehicles 271 372 362
Rail travel 116 158 143
TOTAL 6,818 6,821 6,199

 

Carbon Intensity

Carbon Intensity 2019 2018 2017
Tonnes of CO2 per £m revenue  12.3 12.8 15.3
Turnover £m 556 531 406
Tonnes of CO2 per employee 1.29 1.31 1.37
Employees 5,274 5,719 4,511

 

Managing climate risk and opportunity

Moving towards reporting against the Taskforce for Climate-Related Financial Disclosure (TCFD) recommendations.

Clear control objectives are set out in our  Environment policy, ensuring all business areas take account of environmental considerations and the physical impacts of climate change.

 

 

To support this journey, we completed a CDP disclosure in 2020 which has helped to confirm areas for development.

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If you'd like to know more about EQ's corporate responsibility, talk to us today.