Lockton Companies LLP Environmental Report 2024-25

LOCKTON COMPANIES LLP Environmental Responsibility Report 2024 - 2025

Contents

Introduction .................................................................... 1 Material assessment ...................................................... 2 ....................................................................... 3 ......................... 3 Carbon offsetting and nature........................................ 7 .................... 11 ....................... 16 ....................... 18 Future outlook and commitment ................................. 20 ......................................... 21 Index ................................................................................ 24

This report has been prepared by: Lockton's European Sustainability Committee

Written and edited by:

Benjamin Kudehinbu

Michael Kerridge Head of Properties and Sustainability

Lisa Codo ESG Lead

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Environmental responsibility report

I’m proud to share Lockton Companies LLP (Lockton)

The report highlights our continued progress toward a low

UNDERSTANDING THE FULL IMPACT OF OUR BUSINESS IS ESSENTIAL— NOT ONLY TO SET CREDIBLE GOALS, BUT TO ENCOURAGE OUR SUPPLIERS AND THE

Gary Doran Partner European Sustainability Committee Chair Lockton Companies LLP

Introduction

Lockton Companies LLP

Methodology

We are measuring and reporting our emissions based

our operational footprint, is key in ensuring we create

globe count on Lockton for risk management, and

Purpose and scope

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Material assessment

Material topics As an insurance brokerage operating primarily

Waste management

minimisation, recycling, and reuse to support

we conducted an internal materiality assessment to

Value chain engagement

transparency and identify opportunities for emissions

Environmental consumption and GHG emissions

Three emission scopes are set down in the GHG protocol

Scope 1: Direct emissions

Scope 2: Electricity indirect emissions

Scope 3: Other indirect emissions

cooling consumed by Lockton,

our upstream and downstream

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Summary

Includes WTT Includes WTT

Scope 1 Scope 2 Scope 3

Capital Goods

Paper

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Electricity consumption and renewables

Total Electricity Consumption

Total Electricity Consumption

AS PART OF LOCKTON LLP'S ONGOING COMMITMENT TO REDUCING OUR CARBON EMISSIONS, WE ARE PROUD TO REPORT THAT 86% OF OUR PURCHASED ELECTRICITY IS CERTIFIED UNDER THE RENEWABLE ENERGY GUARANTEES OF ORIGIN (REGO) SCHEME, AS VERIFIED BY OUR ELECTRICITY PROVIDERS.

Renewable Energy

Energy savings – case study

Lighting upgrade:

step toward reducing our operational energy

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Emissions analysis by scope

Scope 1 Emissions

Scope 2 Emissions

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Scope 3 Emissions

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tonnes:

59

.

CONTINUED PROVISION OF AN EMPLOYEE BENEFIT TO OUR ASSOCIATES IN ASSISTING THEIR PERSONAL HOUSEHOLD CO

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The St Botolph Bees

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Our carbon management plan

C degrees is becoming more

at least

at least

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Performance against targets

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Indirect Scope 3 targets

Performance against targets

•

•

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Waste management and disposal

Waste Stream General waste bin Cardboard waste Mixed recycling container Glass waste

Food waste Coffee waste Total

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Paper use

2020/21 2021/22 2022/23

Performance

Target

Recycled paper

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Additional environmental programmes

Supplier engagement

Package movement

In addition to our offsetting efforts, DHL operates

Recycle IT equipment

Pollution and plastics

supplier, Senator, to ensure responsible management

plastic, particularly all single use plastic from across

our commitment to circular economy principles and

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Secondary targets

preventing empty bottles contributing to our waste.

the waste collection and cleaning process.

marketing products.

wood and other alternative products.

redesign the Lockton presentation folder and house style to remove plastic whilst retaining the professional values.

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Environmental management approach

LOCKTON CONTINUES TO HOLD UKAS EXTERNALLY ACCREDITED M

Lockton's Environmental Policy

Raw material use Energy use Generation of waste materials

Kerridge, Senior Vice President, Head of Property and

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protection practices and encouraging associate

Gary Doran

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Future outlook and commitment

Carbon reduction plan

emissions from our energy procurement increasing

Implement educational and training to employees

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Lockton Companies LLP and Lockton Re

Scope

Methodology

Scope

Scope 1

Electricity consumption

Scope 2

Scope 1 + 2 Sub Total

Scope 3

Scope 3 Sub Total

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Index GHG Emissions

Scope

based

based

based

based

based

based

Scope 1

Scope 1 Sub Total

11.17

11.17

Scope 2

Electricity consumption

Scope 2 Sub Total Scope 3

energy related

transportation and distribution

generated in operation

commuting and

Scope 3 Sub Total

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GRI Standard

GRI Standard

GRI Disclosure

Location

GRI 2: General Disclosures 2021

sustainability reporting

Restatements of Information

External assurance

GRI 3: Material Topics 2021

Process to determine material topics

List of material topics

Management of material topics

GRI 302:

Energy intensity

Reduction of energy consumption

GHG emissions intensity

Reduction of GHG emissions

Waste 2020

Waste directed to disposal

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Lockton. Your partner in People & Risk

Lockton Companies LLP Authorised and regulated by the Financial Conduct Authority. A Lloyd’s broker. Registered in England & Wales at The St Botolph Building, 138 Houndsditch, London EC3A 7AG. Company No. OC353198. global.lockton.com

HP092025