Lockton Re Environment Report 2024

Certification: The project is VCS certified, and the Retirement Certification is recorded here for 8,977 tonnes: https://registry.verra.org/myModule/rpt/myrpt.asp?r=206&h=256204

We also have two secondary offset purchases as below:

https://registry.verra.org/myModule/rpt/myrpt.asp?r=206&h=261804 Renewable Solar Power Project by Adani Green Energy Limited Project type: PRO Project Country/Area: India - 150 tons

https://registry.verra.org/myModule/rpt/myrpt.asp?r=206&h=236959 Reduced Emissions from Deforestation and Degradation in Keo Seima Wildlife Sanctuary Project type: PRO Project Country/Area: Cambodia - 151 tons Total offset (Lockton Companies LLP & Lockton Re): 9,278 tonnes CO₂e Lockton Re: 1,377 tonnes CO₂e CONTINUED PROVISION OF AN EMPLOYEE BENEFIT TO OUR ASSOCIATES IN ASSISTING THEIR PERSONAL HOUSEHOLD CO₂ OFFSET.

This past year has been the sixth year of our voluntary employee benefit for our associates, this enables associates to join a scheme that allows them to offset their personal household CO₂. We have continued this benefits programme and retaining our link with Carbon Footprint, we have maintained our scheme whereby Lockton contributes50%of thecostoftheCarbonOffsetandthe associate contributes the remainder on a monthly basis. The amount of carbon to be offset is calculated by Carbon Footprint usingnationally publisheddatasourcesforhouseholdCO₂generated and the cost to the associate is 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, ; see the example opposite. Over the years that the scheme has been running, 9,500 tonnes of CO₂ have been offset under VCS projects.

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ENVIRONMENTAL REPORT | LOCKTON