Reporting Boundary: All UK partners and staff and 4 sites: 65-66 Lincolns Inn Fields; 20-23 Lincolns Inn Fields; IB Kingsway
Emission sources: Electricity, T&D losses, homeworking emissions (not included in total footprint), natural gas, waste, fleet, business travel, paper, freight
Reporting Period: 1 May 2020 – 30 April 2021
We engage our employees and wider stakeholders to unlock their talent and knowledge to drive year on year progress in sustainability.
We recognise that transparent communication is essential for transformational change and we quantifiably contribute to 9 SDG’s.
London based Farrer & Co, an independent law firm that advises a range of clients on every aspect of the law, has achieved Planet Mark certification.
This is Farrer & Co’s second year of business carbon footprint reporting and certification to The Planet Mark. Farrer & Co’s total carbon footprint in the year ending April 2020 was 3,189.8 tCO2e. The carbon footprint per employee was 7.72 tCO2e.
This year’s footprint includes emissions from electricity, transmission and distribution losses, natural gas, waste, business travel, paper use and freight across four leased sites.
Building electricity and natural gas consumption accounted for 16% of the total carbon footprint. Business travel accounted for 3% of total emissions and the largest source of emissions arose from procurement,
“It is great to see Farrer & Co make a commitment to combating climate change. Putting down a marker and committing to reducing its environmental impact will be positive news to its wide range of stakeholders and clients. The industry needs to take note: measuring and reducing carbon impacts will become the new normal, and I applaud Farrer & Co for being a pioneer.”
“Farrer & Co is committed to reducing our carbon footprint and becoming a more sustainable business. Before partnering with Planet Mark in 2018, we were already significantly reducing our energy use by, for example, replacing our old air conditioning system with a new gas refrigerant system and installing Lossnay air systems. Aligning with the Planet Mark certification process has helped us to measure our overall environmental impact in much more detail.”
Simon Graham added “We have also committed to reducing our carbon footprint by at least five per cent each year. We have since achieved certification in both May 2019 and May 2020 and for our most recent certification year we reduced our total carbon emissions by 18.3 per cent, and we anticipate further reductions in our current year. We are fully committed to driving forward further changes, actively improving our business through the calculation of our carbon footprint and other environmental impacts, as well as engaging all our staff in initiatives to improve sustainability.”
Certification is based on the commitment to continuous improvement in sustainability in its business operations by measuring and reducing its carbon footprint and engaging its stakeholders.
Farrer & Co committed to looking at ways in which it can reduce the adverse impacts of its business on the environment. From monitoring the levels of use of finite resources, and targets to reduce these year-on-year, it has identified a number of areas in which it can improve or lessen its impact on the environment. These include targeted policies on waste management, energy consumption (through building energy usage and travel),
The legal industry must take action on climate change. As we enter a decade of climate action, law firms have many reasons to take stock of their environmental credentials. First, as businesses continue to analyse their supply chains for environmental impacts, law firms recognise the risk of falling behind on sustainability. Second, as the law develops around sustainability, law firms will want to reassure clients that their expertise is evolving with the most pressing concerns to modern businesses.
As part of the Planet Mark certification, Farrer & Co has committed to making a year-on-year reduction.
Planet Mark worked closely with Farrer & Co to review and verify its environmental data. By measuring and identifying its biggest environmental impact, Farrer was able to identify gaps in its sustainability strategy and prioritise efforts and resources to drive year-on-year carbon reductions.