Lockton Companies LLP Environment Report 2021-22

Lockton Companies LLP Environment Report

2021-22

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Environmental Responsibility Report

This year the report takes a different format. The initial part of the report is looking at the Environmental progress made over the last five years and concludes measurement of performance against our current targets. These targets were set around a single UK and Ireland set of data and the closing summary retains this single data set. Then an operational change within Lockton, where Lockton Companies and our previous reinsurance business unit separated into Lockton Companies LLP and Lockton Reinsurance LLP means that, going forward, each will measure and report separately and set their own targets. These will remain aligned and will evolve as the worldwide business of Lockton continues to grow. The second part of this report is looking specifically at just Lockton Companies. The Lockton business has returned to working as normally as possible after the necessary restrictions imposed on us to meet national controls appropriate for management of the pandemic. We have questioned our associates, our team leaders and managers and spoken with clients and, in a manner similar to a number of other major employers, we have adopted permanent agile working. Our premises remain open over the five traditional weekdays, our associate now have the ability to adopt a working pattern which maintains our record of client service, whilst giving flexibility over which days may be worked in the office and worked at home. Unsurprisingly our measured carbon has grown over the past 12 months as the traditional business processes return, and we have maintained our certified carbon neutral status.

Certified Carbon Neutral to PAS 2060 Standard & a new SBTi Commitment made.

The return to work and our 12 month carbon growth is compared to the measurement and performance we first recorded in 2017 and it is pleasing to note that in overall terms of CO2 generated per associate, we are some 43% lower in CO2e/Associate over the five year period. We have maintained our ISO14001 programme, repeated our measurement of our CO2 and continued our offset programme to ensure we have minimised our carbon impact now. We also recognise that this programme now needs to align with the multiple methodologies, aimed at the limiting the greenhouses gases in line with the 1.5C of the Paris agreement. To do so we have made a commitment to Science Based Targets for us, both near and long term.

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Ej Hentennar CEO Lockton Europe

Lockton has a commitment to supporting our clients in the best possible way, it is fundamental to how we work. By publishing this report and by advancing our ongoing environment programmes and by taking a step forward and making a commitment to Net Zero 2050 through adoption of science-based targets we continue that service and support. We know how important climate matters are to all our clients. We also understand how important they are to our associates. By making the commitment for SBTi Net Zero now we can build on our environment foundations and reinforce our overall ESG position and continue to do the right thing in the right way. We know it is not simple to do this, some of how we work will change, but by setting out our plans and informing everyone of our targets and our progress we can help ensure our environmental impact is minimised now and in the future.

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CO2 Report Emission data and review 2021-2022

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CO2 Emission and Review Summary

13% Overall CO2e reduction over five years and 36% reduction per associate over the same period.

As stated, this report is both concluding previous years targets and reporting and looking forward at measuring and reporting and target setting for the future. This section is the combined business five year review. It can be seen over the five years we have been measuring that we have an overall reduction in CO2e per associate of 36% across both partnerships. The earlier year data cannot be disaggregated to make a direct individual comparison between each partnership. Over this five year period the business has continued to grow, each year, including during lockdown, and the CO2e per £1m of turnover has also reduced from a starting point of 11.64 tCO2e to an amount some 43% lower at 6.62T CO2e per £1m of turnover.

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Analysis Methodology For this year there has been no change from the previously adopted methodology. We are me suring and reporting our emissions based on a period that aligns with our financial year and using an external third party, Carbon Footprint to assist. We are taking our raw data and using GHG protocol and Defra guidelines, and using the latest metrics from BEIS, to calculate our CO2e. All results then validated to ISO14064-3. Emissions totals are calculated by multiplying activity data (i.e. electricity consumption) with the appropriate emissions factor (i.e. UK electricity). Three emission scopes are set down in the GHG protocol and are detailed below: Scope 1: Direct emissions Occur from sources that are owned or controlled by Lockton. Examples: Fuel combustion, Gas burnt. Scope 2: Electricity indirect emissions GHG emissions from the generation of purchased electricity consumed by Lockton (using both location and market based approach) Scope 3: Other indirect emissions An optional reporting category for all other indirect emissions that are a consequence of our activities. These occur from sources not owned or controlled by the company. Examples: electricity transmission & distribution losses, employee business travel, waste etc.

Emissions Analysis by Scope Scope 1 Emissions 7.28 tCO2e (88% decrease)

Scope 1 Emissions tCO ₂ e by month

1.2

1

0.8

0.79 0.79 0.79 0.79

0.6

0.39

0.4

0

0

0

0

0

0

0

0.2

0.31 0.31 0.31 0.31 0.31 0.31 0.31 0.31 0.31 0.31 0.31 0.31

0

1

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3

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10 11 12

Company Car Travel

Natural Gas

Refrigerant

The combined scope 1 emissions for the 2012-22 reporting year are 7.28 CO2e. This 88% reduction from 2020-21 is due to an office relocation in Edinburgh, which meant we ceased using gas. Our single company car use continued over the year and with no significant refrigerant gas losses then total this year is much lower than previous report.

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Scope 2 Emissions 67.07 tCO2e (8% increase on 2021 – 87% lower than base year)

Scope 2 Site Electricity Market Based tCO2e

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7

6

5

4

7.21 7.64

6.54 6.1

3

5.67

5.38 5.81

4.85

4.34 4.24 4.56 4.71

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1

0

1

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Over the 12 month period from May 2021 through to the end of April 2022 our overall electrical consumption, from the various suppliers either direct or through our landlords, resulted in 67.07 tCO2e being generated. Whilst this was an increase of 8% over the preceding period, the lower figure of the prior year was a direct result of the pandemic. The more relevant and long term figure is the reduction in tCO2e over the first reporting year where we were 87% lower this year compared to five years ago.

17.45% increase in use of electricity resulted in an 8% in emissions. Over five years emissions dropped 87%

The analysis also reveals that our overall electrical use in kWhr for the year was 17.45% higher than in 2020-21. The continued push from us and our landlords to source low carbon electricity means that the our CO2e increase in percentage terms was half that of our overall energy use increase. We do look at the electrical kWhr use per associate and again, making the five year comparison based around energy use per associate, the total has come down by some 39% per associate to the current total of 1,364 kWhr per associate per annum from the high five years ago of 2,225kWhr. .

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Scope 3 Emissions 1,965 tCO2e (14¼ times pervious year) As with previous reports, we set down our scope 3 emissions annual data table with monthly information after that. The return to work, and for us, the essential return to meeting with clients, has had a radical impact on our scope 3 emissions this year. The air/car/rail and taxi travel giving a 14.25 times increase in our scope 3 emissions over the historical low of 2020-21 when pandemic controls limited our travel, both within the UK and abroad. For 2021-22 our measured scope 3 emissions increased to 1,965 tCO2e from the low of 137.79 tCO2e previously

Monthly Scope 3 CO2e

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CO2e Assessment and Commentary It can be very clearly seen that the return to work and the travel associated with it contributes most of our combined emissions and assessment of our CO2e generation by source reveals an unsurprising reversion this year to the pattern of prior years where travel contributes most of our CO2e. 96% of all our measured emissions are travel related, covering flights, owned cars mileage, associates driving their own cars on business and train and taxi use. Within the travel element the return to travel by flying reveals 86.5% of all our CO2e emissions are from flights alone. It is this area of our emissions that will continue to remain a focus for the foreseeable future.

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Lockton Companies Specific CO2e Assessment 2021-22 All of the preceding data and reporting against targets represents the combined tCO2e and source for both Lockton Companies LLP and Lockton Re LLP.

In line with the required reporting following the split of the partnerships the section below just looks at the data for Lockton Companies.

Lockton Companies LLP

Natural Gas Company Cars Refrigerants

3.55 3.73 0.00

Site Electricity Generation (market ‐ based)

67.07

Flights

1,365.04

Rail Travel Taxi Travel Car Travel

15.27 21.55 138.82

Waste Water Paper

0.44 0.00 5.68 6.34 1.23 6.10

Site Electricity (T&D) (market ‐ based) Total Tonnes of CO ₂ e (market ‐ based) Tonnes of CO ₂ e per employee Tonnes of CO ₂ e per £M turnover

1,627.51

This then forms the basis of our data for setting future targets Flights as a % of all Carbon

83.9%

Travel overall as a % of All Carbon

94.7%

Carbon from Electricity consumption and transmission and distribution as a % of all Carbon

4.5%

As can easily be read, airtravel is, and will remain a key point of focus for us in both the near and long term planning of the decarbonisation of our business. This is reviewed in our section on targets. The secondary target is the sourcing of all our electricity from low carbon generation sources.

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Carbon Offsetting Our step further We are Carbon Neutral

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Lockton Companies LLP is a Carbon Offsetting Company This year we have continued to work with our chosen partner, Carbon Footprint, and by selecting accredited schemes, we continue to offset all of our measured Scope 1,2 and 3 CO2e , via purchased carbon credits to offset all our emissions. This the last year where carbon offsetting sit alone within our environment programme. Future years will see a mix of Net Zero and offsetting running in parallel. The offset method remains the same and have again undergone PAS 2060 assessment of our programme to recognise, accredit and reinforce our Carbon Neutral credentials. We are proud to say we are a carbon neutral organisation. In future the net zero target and the carbon neutral will be a pair of matching objectives. Our carbon offsetting reducing as our business processes are decarbonised. Our offsetting is undertaken to internationally recognised standards

Certified Carbon Neutral to PAS 2060

This year we have supported two separate VCS schemes, one in Cambodia and one in Brazil. Cambodia: KEO SEIMA WILDLIFE SANCTUARY REDD+ PROJECT - 1,390 t Keo Seima Wildlife Sanctuary (KSWS) protects one of the most important forests in Cambodia, home to critically endangered primates like the black-shanked douc, the iconic Asian elephant, as well as being the ancestral and contemporary home of the indigenous Bunong. The KSWS REDD+ project is one of the largest carbon emission reduction program in Cambodia’s land use

sector and has played a critical role in demonstrating REDD+ successes conserving high biodiversity value landscapes. Experiences from the implementation of the KSWS REDD+ project is also providing important learning outcomes informing the design of Cambodia’s National REDD+ Program, as part of the country’s commitment to reduce carbon emissions under the Paris Climate Agreement.

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Brazil: Pacajai REDD+ Project State of Para, Brazil – 238t The main objective of the Pacajai project is to prevent and avoid unplanned deforestation in native forests, avoiding the net emission of 264.116tCO2e for a period of 40 years of the credit period of the project. This objective will be achieved by managing the land in the form of a "conservation reserve private sector”, developing and implementing a management plan. This plan includes rigorous monitoring and inspection plan based on existing experience of surveillance activities underway in the area since 2008. These expanded monitoring activities will be undertaken actively with the participation of local settlers who live within the project boundaries. The local population involved with this monitoring are receiving resources, training in forest management techniques and monitoring technologies. The project is both VCS and Climate, Community & Biodiversity (CCB) certified. Retirement Certification for both schemes are recorded here: https://registry.verra.org/myModule/rpt/myrpt.asp?r=206&h=168465 https://registry.verra.org/myModule/rpt/myrpt.asp?r=206&h=166325 : https://registry.verra.org/myModule/rpt/myrpt.asp?r=206&h=169001 : Three years ago we introduced a voluntary employee benefit for our associates, that enabled them to join a scheme that let them offset their personal household CO2. We have continued this benefit programme and retaining our link with Carbon Footprint we have maintained our scheme whereby Lockton contributes 50% of the cost of the Carbon Offset and the associate contributes the remainder on a monthly basis. The amount of carbon to be offset was calculated by Carbon Footprint using nationally published data sources for household CO2 generated and the cost to the associate was a simple £2.50 per month. This scheme is now embedded in our employee benefits programme . Associates are then supplied with an annual certificate confirming their participation and that the Co2 has been offset. Continued provision of an employee benefit to our associates in assisting their personal household CO2 offset.

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Our Reduction Targets Performance towards our existing goals.

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How did we do in our CO2 Reduction and our other Targets Absolute reductions and performance reductions This section of the report looks at the current performance against the previously set targets and we ar th n closing dow these existing targets and setting new targets for Lockton Companies and Lockton Re independently. The decision to move to Science Based Target targets leads us to close the existing targets and set new. The methodologies are not compatible and we need to align to the SBTi process to ensure our clients and stakeholders are advised of our position and progress in a manner consistent with other companies. The following section therefore is a close out on existing targets, Lockton Companies and Lockton Re data is combined here as the base year and intervening year data cannot be disaggregated. Electricity We set ourselves two targets three years ago. o To reduce our scope 2 (consumption) and scope 3 (Transmission and distribution) emissions by 20% by the end of the 2023 financial year, when measured against a base year of 2017-18. o To reduce the kWh consumed per associate by 15% over the same period, 2018 -2023. Overall, if we were to meet these targets then an estimated 166 tonnes of CO2 would be eliminated from our 2023 total. Target 1 – Reduce our Scope 2 and Scope 3 Electricity emissions kg per associate by 20% Performance against target Target achieved. Over the period of the target we have reduced our CO2e per associate by over 90%

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CO2e/Associate With both the majority of our landlords and most of our directly supplied sites now moved to renewably sourced electricity we have reduced the CO2e from 555kg to 50.14 per associate. Target 12– Reduce our kWhr per associate by 15% Performance against target Target achieved.

Since setting the target the headcount of the business has increased to some 1,464 office based workers. The amount of electricity per associate has fallen each year. Last year the use was reduced by pandemic and we expected to see a small uptick this year as the consumed electricity increased. We did see this predicted increase in kWhr, but we also continued to strengthen the business headcount. Overall during the period of the target we have seen a drop in Kwhr per associate of 35.5%, exceeding the set target of a 15% reduction. Gas Two years ago we set a single CO2 five year target last year, a 5% reduction in gas consumed and co2 generated, at the single location using it. Target – Reduce our Gas use by 5% over five years. Performance against target Target achieved. The relocation of our business in Edinburgh that was the sole user of Gas means that we no longer have any gas consumption by us. This target is therefore achieved by default.

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Transport and Travel he return of international travel after the pandemic has immediately lead to a surge in travel as the Lockton associates catch up with their clients after the enforced hiatus. This travel being an increase in all areas, trains, taxis, associate’s car travel and most obviously in air travel. Our stated target was to reduce our travel co2e per associate by 10% from the amount in 2017 18 by the end of 2022-23 financial year. As reported previously, we were ahead of that target. We were ahead of that in earlier years, this in part was driven by headcount growth and part by increased use of video conferencing, which was already a subject of investment by the business prior to the pandemic. This year has seen the leap in travel brings the annual kgCO2e per associate back up to 1,333kg. This is still tracking below the target set

Performance against target Target achieved. 18% outperformance over the set target We have outperformed against the reduction target by 18% with measure kg/associate of 1,333 vrs the 1,573 kg target for 2021-22 Whilst we have closed this target the importance of air travel in our CO2e generation means that we will be setting targets under PAS 2060 for continued reduction in air travel in the coming 10 year period. It will also form a major part of our new SBTi targets for scope 3 once confirmed and validated. The aim carried forward for both Lockton Companies and Lockton Re will be a reduction of 33% by 2028 in air travel, measured in tCO2e per £ of turnover, for internal meetings. Further targets may be developed through the SBTi methodology.

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Paper Use We reviously advised for paper we set one reduction target and one technical target, albeit that paper in and of itself is a low tCO2e total. o An overall 30% reduction in paper use within 5 years, based on 2017-18 purchased sheets. o Alongside this we set a 25% of the paper we use to come from recycled sources by 2020 Performance against target Reduction target met, paper 100% recycled met in prior year. Quantity of paper used The methodology takes all sizes of paper purchased and converts to a standard A4 sheet and then uses this as the baseline to calculate overall quantity. We continue to record this as a point of review. The target continues to be met.

Recycled paper. There is no change on this from previous years, working with our supplier, Banner, we have mandated all supplied paper to us should be recycled. The five year target has been met. The focus remains reduction of the absolute quantity of paper used.

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Waste e remain very conscious of the need to encourage our landlords and ourselves regarding effective waste management. The social and potential pollution impact can be reduced if the quantity of waste can be lowered and the reuse and recycling of the waste can be improved. We have set ourselves targets with these being: o Getting accurate waste quantity totals from each location. o Reducing London Waste Quantity per associate by 10% by 2023 Performance against target Target not yet met, will continue as an operational target rather than a CO2e reduction target. Waste Statistics – All sites The landlord teams at the locations where we have offices who deal with operations and include the overall waste disposal for us, have not yet progressed in all cases back to the point they were operationally pre-pandemic. A number of changes within their teams has limited our ability to get them to progress with changes on site to develop processes that enable us to get accurate waste data. This will now be a point of focus for the coming year. London Waste and Disposal. We have an active waste management programme underway in the London St Botolph office, with no waste going to landlord and with waste streams separated in the landlord collection area to enable cardboard, glass, paper, confidential waste, metal, plastics and food waste to be streamed and collected for direct recycle or taken to a MRF for sorting and then recycling. Additional Environmental Programmes Two prime programmes have continued over the past twelve months as these make up a fair amount of the business waste as we invest in the business and adapt our technology and furniture to meet the neds of supporting agile working and increased headcounts. Recycle IT equipment We have continued to work with EOL for surplus IT equipment disposal. We ensure accredited data wiping has taken place and allowed reuse (upcycling) by others of redundant equipment. The remainder has been broken down into spares for reuse by others. We will continue to work with our disposal partner EOL on electrical and technology recycling. Furniture Our prime furniture supplier is Senator and we have continued to work with them to ensure replaced surplus furniture is taken by them to their UK based dismantling facility. We have recycled through them all surplus furniture that we have been unable to place with alternative users.

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Package Movement. Our supplier partner for package movement is DHL, in conjunction with their Go Green Climate Neutral service we seek to minimise the impact of our movement of packages and equipment between offices and with clients, whether within the UK or internationally. We are therefore part of their go green programme and pay an additional amount to them for every package movement to offset the carbon cost of that movement. It is also appropriate to note that DHL have their own carbon reduction programme.

Pollution and Plastics. Key Target 2022

We continue to look to remove plastics, particularly all single use plastic from the business and identify and remove all unnecessary plastic use from the business. The target of doing so by the end of 2021 was compromised by the pandemic and our suppliers are only now progressing with services to reduce plastics. One small success on this is working with ISS to remove single use plastic from the catering deliveries to us, including dry goods and food ingredients. We are working with their on site team to reduce food waste, in line with an ISS operational goal as well as one of our focal points.

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Secondary Targets We have reviewed these previously and they continue to be a focus for us. Now we have returned to normal working we are able to revert to looking at achieving these aims alongside the new targets, set down later. It is reasonable to note that progress has been slowed over the previous 12 months, this will change going forward and some of the items mentioned below may be included in the targets setting under the SBTi.  Adopt bulk delivery and dispense via refill for all cleaning and bathroom products, stopping waste bottles. Continuing, ozone system remains in use, some limited chemicals has been needed to address very small specific cleaning issues. We are looking with our supplier at further alternatives, where ozone does not achieve a satisfactory outcome.  Removal of plastic single use bags from the waste collection and cleaning process Continuing  Remove plastic based corporate and marketing products. Continued, albeit very limited ov er the past 12 months  Adopt non plastic milk delivery and dispense within the offices. We have has success with this and the supply of milk to kitchens around the London office is now via reused glass milk bottles and plastic has been removed from the process.  Maximise use of all electronic email and social media to distribute messages and information to associates. Continued  Maximise the use of plastic free products in all office stationery, including bamboo, wood and other products. Although alternatives investigated the low consumption from existing stock over the year has meant progressing this to completion will now be over the next 12 months. Very limited use of these products has meant existing supplies have yet to be used. The change in working practices has impacted on this. As the need arises options are bing reviewed with our key supplier Banner.  Client Presentations and bound folders, redesign the Lockton presentation folder and house style to remove plastics from the process whilst retaining the professional Lockton production values. Underway, purpose made folders that are plastic free and recyclable are in use, a continuing drive and support to associates.

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SBTI and PAS 2060 and Environmental Targets.

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The Science Based Target Initiative.

What is Net Zero? Using the United Nations Climate Action Plan definition and their words: Put simply, net zero means cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance. Why is net zero important? Again the UN words The science shows clearly that in order to avert the worst impacts of climate change and preserve a livable planet, global temperature increase needs to be limited to 1.5°C above pre industrial levels. Currently, the Earth is already about 1.1°C warmer than it was in the late 1800s, and emissions continue to rise. To keep global warming to no more than 1.5°C – as called for in the Paris Agreement – emissions need to be reduced by 45% by 2030 and reach net zero by 2050. We recognise that environment planning and reporting of businesses has continued to develop and that our decision to adopt a carbon neutral position about how we undertake our work for our clients needs to be supported by making appropriate further public commitments to reducing global warming and CO2 generation. Lockton Companies and Lockton Re have both independently therefore signed up to The Science Based Target Initiative. By making this commitment we are looking to review all our activities and those of our suppliers over the next 12 months to enable us to meet with the commitment and submit new targets for greenhouse gas reductions in what we do and what our suppliers do in supporting us. Underpinning the commitment is support of Net Zero by 2050 and the 1.5C initiative. In the immediate short term we will be continuing our carbon neutral programme in order to minimise our environment impact. Looking forward the SBTi targets will be aimed at decarbonisation of our work across all areas, with only a small residual amount of carbon being left that would remain in our offset programme. This means today we can only set a limited numbers of targets under our scope 1 and scope 2 emissions, with a further target being a complete review and inventory of our scope 3 emissions being completed to enable targets in the identified areas to be set in line with SBTi methodology. Lockton Companies LLP has signed a commitment letter to SBTi for Net Zero 2050 and support of the 1.5C targets.

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Lockton Companies LLP SBTi Scope 1 and Scope 2 Targets We are committed to the 1.5C pathway For Lockton Companies ‐ Near Term SBT: To reduce our Scope 1 and 2 emissions (market-based) by 42% by 2032, from a 2022 baseline. ‐ Long Term SBT (net zero): To reduce our Scope 1 and 2 emissions (market-based) by 90% by 2050, from a 2022 baseline. ‐ Renewable/ Low carbon Scope 2 target: To achieve 100% renewable / low carbon electricity by 2032, from a 2022 baseline. SBTi Target Setting Having signed the commitment to Net Zero 2050 and agreed to set SBTi targets we now have 24 months in which to define and set those targets and have them verified with the SBTi Our target before then is to complete an audit of our Scope 3 emissions in line with the SBTi methodology and identify and set targets. This will require further work with our supplier partners and our associates to gather information from them. So this audit and review becomes a target in itself for us over the next 24 months. Under the PAS certification process we need to continue to demonstrate a continuing carbon reduction programme and through this certification we are setting two targets. PAS 2060 – Lockton Companies LLP 1 A 33% reduction in airtravel emissions related to internal company meetings by 2028, measuring from a baseline of 2022, set around a metric of tCO2e/£turnover. A change instigated in our travel management process now means that travel for company meetings can be identified and the measurement set. 2 To have all electrical supplies to Lockton Companies from 100% zero carbon or renewable generation sources by 2032, from a base date of 2022. PAS 2060 Carbon Reduction Plan

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Environmental Policy and our accreditation

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We have held this accreditation since 2013, having made the decision that it was appropriate for Lockton to lead on this and be the first London Market Broker to obtain this internationally recognised environment accreditation. Extensive work is undertaken during the year to maintain and update the management systems and records and essential external verification takes place in March each year. We work with Equas as our external partner to provide the control software and advice on operation and maintenance of our systems and with BAB Assessment as our external UKAS Audit. The Environment Policy forms part of the Lockton ISO 14001:2015 Environment Management System and is reproduced below. Lockton Environmental Policy Lockton Companies LLP recognises that its business activities interact with the environment in a variety ways. These activities have an impact in the key areas of:  Raw material use  Energy use  Generation of waste materials The company recognises that it has a responsibility to help protect the environment wherever it has an opportunity to do so, be a responsible neighbour and to provide a comfortable environment for its associates to work in. As such, the company is committed to:  Continual improvement in the environmental impact of its business activities  Preventing pollution wherever possible  Complying with all relevant legal, customer, and other environmental requirements  Occupying and using its offices in a manner which minimises the consumption of energy  Improving the efficiency with which it uses office materials  Minimising the generation of waste materials and their environmental impact Lockton continues to hold UKAS externally accredited ISO14001:2015 Environment Management System

The company will achieve these commitments through the following means:

 The implementation and maintenance of an Environmental Management System that is independently certified as compliant with ISO 14001:2015  Employing processes that identify the aspects of the Company’s business that have an environmental impact and quantifying the significance of each aspect  Setting objectives for reducing its environmental impact and maintaining an environmental performance improvement programme to enable them to be achieved

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 Ensuring that its associates, suppliers and customers are aware of any support required by them to support the Company’s commitments and environmental objectives  Ensuring that all electrical and electronic devices purchased must have the highest energy rating available unless there is a justifiable business case for doing otherwise  Ensuring that all paper purchased must contains at least  90% recycled content or is from a certified sustainable source  Facilitating the re-use and recycling of all waste materials and redundant equipment generated by the company wherever it is economically viable to do so  Training its associates in good environmental protection practices and encouraging associate involvement in environmental improvement initiatives  Continually monitoring the environmental impact of its business activities  This Environmental Policy is an integral part of the company’s business and must be supported by all associates as an integral part of their daily work.

Simon Coleman, Lockton Companies LLP COO, May 2021

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ISO14001:2015 Certification – Lockton Companies LLP

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CO2 Measurement Validation to ISO14064-3 Lockton Companies LLP

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Certification of Carbon Neutral Operation Lockton Companies LLP

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