Our operational climate pledges
We’re aiming to achieve net zero** in our direct operational emissions by 2030
We’ll reduce our internal paper use by 90% and external paper use by 50% by 2025
We’ve moved over 2,000 colleagues to a new energy-efficient workplace in Alderley Park, Cheshire
We continue to send zero waste to landfill and will reduce our total waste by 50% by 2025
We’ll source 100% renewable electricity to use across our business by 2025
We're working in partnership with Mitie to reduce our waste and energy use even further
We’ll halve our company car emissions by 2025, through travelling less and switching to all-electric vehicles
In 2020 we achieved carbon neutrality in our operational energy use through carbon offsetting. We have an action plan to reduce our need to offset year on year
We’ll halve our rail and air business travel carbon emissions from this year onwards.
* Using 2019 as our baseline year.
** Net zero is the balance between the carbon emitted into the atmosphere and the carbon removed from it.
We’ve partnered with ClimateCare to support the Household Cookstoves in Guatemala project to offset the emissions generated by our offices and operations last year.
Most households in Guatemala use inefficient and conventional open fires to cook food, heat homes and make water safe to drink. These open fires demand large amounts of fuelwood – largely from non-renewable sources – the burning of which releases GHG emissions. In addition to contributing to global emissions, open fires release harmful pollutants that cause respiratory problems, mainly impacting women and children.
A single stove reduces the amount of firewood used by households by up to 58% and saves 3.8 tonnes of CO2e per year. This helps to improve forest management and maintain forest stocks in Guatemala, a sector identified by the national climate programme as critically vulnerable.
We know you want the money you invest to make a positive difference, as well as giving you a positive financial return....
Our responsible investment team podcast
Katie Eagles from our investment team talks to Ashley Hamilton Claxton, Head of responsible investment at Royal London Asset...