Lockton Re Environment Report 2024

Three emission scopes are set down in the GHG protocol and are detailed below:

Scope 1: Direct emissions Occur from sources that are ownedorcontrolled byLockton. Examples: Fuel combustion, Gas burnt.

Scope 2: Electricity indirect emissions GHG emissions from the generation of purchased

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 and distribution losses, employee business travel, waste etc.

electricity consumed by Lockton (usingboth location andmarket based approach (dual-reporting).

Emissions analysis by scope Scope 1 Emissions 9.14 tCO₂e

For the 2023-24 reporting year, Lockton Re's Scope 1 emissions totaled 9.14 tCO₂e, stemming solely from fuel consumed by a single owned company vehicle. We confirm that no fuel was purchased for onsite electricity or heat generation

Lockton Re is powered entirely by 100% renewable electricity.

Scope 2 Emissions electricity consumed 0 tCO₂e

Lockton Re operates from the St Botolph Building, a site powered by 100% renewable electricity sourced directly from the national grid. This renewable status has been formally certified by both the building’s landlord and its electricity supplier, reinforcing our commitment to transparency and environmental responsibility. As a result, all electricity-based emissions associated with our operations at this location are classified as zero under Scope 2, aligning with our broader sustainability goals. From Q3 2022 we started operating from the 3 rd floor of the St Botolph giving us a space of approximately 20,000 sq.ft. Whilst in the previous years we have been operating on part of the second floor alongside our sister company Lockton LLP.

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ENVIRONMENTAL REPORT | LOCKTON RE