Lockton Environment Report 2018-19

LOCKTON ENVIRONMENT REPORT  2018‐19  How did we do in our CO2 Reduction and our other Targets Absolute reductions and performance reductions  We stated earlier that we have educed our overall t tal CO2e by over 21%.  However when a  business is successful and is growing, in both turnover and headcount, it can be slightly misleading to  use an absolute measure, as there comes a point where delivery of growth will lead to an absolute  increase in CO2. Last year we therefore adopted a series of performance metrics based around our  headcount and set targets for improvements, some short term, others longer term.  Electricity  We set ourselves two targets last year.   o To reduce our scope 2 and scope 3 (Transmission and distribution) electricity use emissions by  20% by the end of the 2023 financial year, when measured against a base year of 2016‐17.   o To reduce the kWh consumed per associate by 15% over the same period, 2017 ‐2023.  Overall, if we were to meet these targets then an estimated 166 tonnes of CO2 would be eliminated  from our 2023 total.  Performance against target  CO2/Associate 

Following to the adoption of renewable  generation for the electric supply at the  London HQ, the overall CO2 per associate  for the UK has already dropped to 170.6kg  per associate, exceeding the  444kg/associate target set for 2023.  However, we are susceptible to changes in  the supply source by our landlords and so  we are retaining the 2023 target at present  and will monitor against this.  kWh/Associate  Increased energy efficiency measures in  London, mainly through reduced hours of  plant operation, have contributed to a  reduction in overall kWh for the year. An  increase in headcount over the same period  means that we had a net reduction per  associate for electricity consumed of  146kwh per associate, representing ‐6.9%.   Analysis shows us ahead of target for the  2023 15% reduction.

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