Environmental Sustainability & Biodiversity
26
Ambitious Net Zero commitments
Our total footprint for 2019 was approximately 110,000 tonnes CO2e, which can be broken down into: • 4% Scope 1 & 2 emissions, encompassing energy use in our offices, and • 96% Scope 3, primarily business travel and emissions from purchased goods & services In January 2023 , our near-term Science Based Target was approved by the SBTi. This commits us to: • Reducing our Scope 1 & 2 emissions by 80% by 2030 against our 2019 baseline, and • Reducing our Scope 3 emissions by 50% in the same timeframe We plan to submit our long-term target for validation by the SBTi by the end of 2023. This target will deliver a 90% reduction in our emissions on or before 2040 with any residual emissions offset. This would qualify to be a Net Zero strategy approved by the SBTi.
The Science Based Targets initiative (SBTi) is a collaboration between CDP (formerly known as the Carbon Disclosure Project), the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the Worldwide Fund for Nature (WWF). The SBTi defines and promotes best practice in science-based target setting, and independently assesses and approves companies’ targets. A greenhouse gas emissions target can be considered ‘science- based’ if the emissions reductions it requires are in line with keeping the global temperature increase at or below 1.5°C compared to preindustrial temperatures by mid-century (2050). Clyde & Co worked with Carbon Intelligence (now an Accenture company) to determine our baseline carbon footprint. The calendar year 2019 was taken as our baseline year, representing the final year of “business as usual” before the onset of the global COVID pandemic.
Cragg Estate, Northumberland, north-east England; Credit: Donnington Hospital Trust
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