Lockton Companies LLP Environment Report 2021-22
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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