Reporting Boundary: London Office (116/119
Pall Mall, London SW1Y 5ED)
Emission sources: Electricity, T&D losses, natural gas, homeworking energy, waste, water, paper
Reporting Period: 01 Jan 2020 – 31 Dec 2020
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.
Institute of Directors (IoD), the UK’s longest running organisation for professional leaders, has achieved Planet Mark certification.
This is the Institute of Directors second year of business carbon footprint reporting and Planet Mark certification. Since certifying to Planet Mark, the company has set a target to reduce emissions by 5% annually.
IoD’s total carbon footprint for the year ending December 2020 was 318 tCO2e, a decrease of 42.6% from the year ending 2019. IoD’s total carbon per employee in the year ending 2020 was 2.31 tCO2e. This year the carbon footprint per employee represented a decrease of 22.5% from the year ending 2019.
IoD has saved the same amount of carbon as preventing 118 tonnes of coal being burned.
“I am in awe of the progress made by the Institute of Directors over this past year. A 40% cut in carbon is sensational, and everyone involved should be applauded. The power of this change will be felt throughout their expansive network, sending signals to businesses and organisations of all sizes that powerful and radical action on climate can be achieved by all.”
“The sustainability agenda is a leading priority of business leaders up and down the country. As part of the IoD’s growing commitment to cutting its carbon footprint, we are delighted to be Planet Mark Certified. At the same time, we continue to support directors as they seek to boost their own organisations’ green credentials. Access to training, advice, and incentives will be vital to support businesses as they develop a broader understanding of decarbonisation strategies, and Planet Mark’s effort plays a crucial part in this.”
Founded in 1903 and incorporated by Royal Charter in 1906, the IoD has an extensive history of supporting business leaders. As business leaders increasingly concern themselves with sustainability, the IoD recognises climate change as one of the leading issues affecting business today. The Institute has taken a number of measures to help improve sustainability among its networks, such as the launch of its Sustainable Business content hub and special interest group, and in sponsoring the Best Newcomer Award at the upcoming Planet Mark Awards.
Sustainability has never been more important for modern businesses. The need to act is in the interest of both the planet and the security of a healthy economic future. According to PwC, 64% of UK CEOs see climate change as a threat to their business. Strong leadership and collaboration among leaders are integral to positive action on business’ carbon footprints.
As part of the Planet Mark certification, IoD has committed to making a year-on-year reduction.