Reporting Boundary: London & Farnborough
Emission sources: Electricity, T&D losses, homeworking energy (not included in total footprint), waste and paper use
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 communicationrn is essential for transformational change and we quantifiably contribute to 9 SDG’s.
Trafalgar House’s total carbon footprint in the year ending December 2019 was 27.5 tCO2e and the relative carbon footprint was 0.4 tCO2e per employee.
This is Trafalgar House’s first year of business carbon footprint reporting and certification to Planet Mark. It first calculated the carbon footprint of its Cheapside operational site for the year ending December 2019 and set a target to reduce emissions by 5% annually. This year’s footprint includes emissions from purchased electricity, waste and printing paper for its head office.
Electricity and Transmission & Distribution losses account for 83% of the total carbon emissions.
“I am really pleased to have Trafalgar House join us at Planet Mark. Pensions are all about planning for the future, so it makes sense that Trafalgar House would want to demonstrate their sustainability credentials. People want to know that their savings are working for them and the planet, and Trafalgar House’s commitment to good environmental practice shows its belief in a better tomorrow.”
First year certification to Planet Mark 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.
Trafalgar Square believes in a moral responsibility to take the necessary steps to lessen their carbon footprint. From taking steps to reduce the excess production paper waste in the pensions industry and smarter travel policies to wider questions of social and corporate governance policies, the company makes efforts to embody sustainability in as many decisions as possible. Planet Mark offers a routemap to continuous sustainable improvement through the annual measurement and reduction of carbon emissions.
A growing number of pension holders want to know the environmental impact of their pension investments. New rules in 2019 required pension funds with more than 100 members to consider environmental and social factors when making investment decisions. But in a decade of climate action, the pension industry must begin to do more. It is vital not only to think about the impact of the pension investment, but also of the operational impact of running a pension scheme to fully assess the carbon impact of the industry.
As part of the Planet Mark certification, Trafalgar House has committed to make a year-on-year reduction.