Environmental
Reducing our carbon footprint
We’ve taken significant steps to reduce our environmental impact, including the introduction of Automated Valuations aligned to our risk appetite, which eliminates the need for physical property surveys, renewable energy adoption, and a cycle-to-work scheme for colleagues.
Our carbon footprint in 2022 was 1,984 tonnes of carbon dioxide (tCO2e), of which 97% were emissions from our value chain that we don’t directly control (Scope 3).
We measure our entire carbon footprint, calculating Scope 1, 2, and 3 emissions in line with the GHG Protocol. 1,984 tonnes of carbon dioxide is approximately equivalent to:
- 1,790 economy flights from London to New York City
- Heating for 1,174 UK homes annually
- Driving 9.3 million miles in a diesel Volkswagen Polo
We also calculate emissions associated with our products and are developing green products to help our customers understand and reduce their impact.
Offsetting Carbon
Trees in our forest
of carbon reduction through projects funded
Our tree planting initiative is separate from our carbon reduction projects. We do both.
Beyond our carbon reduction projects, we collaborate with Ecologi on our tree planting initiative, which is not used for carbon offsetting. So far, we’ve funded 47,359 trees across the world, in countries such as the UK, Kenya, Madagascar, and the US. Our initiative also covers mangrove planting, which in addition to storing carbon, offers flood and storm protection to local communities.
Impactful projects:
Cleaner cookstoves in Kenya: We’ve supported the distribution of cleaner cookstoves in Kenya, significantly reducing the amount of wood and charcoal burned. This not only lowers carbon emissions but also brings several benefits to the local community:
- Health improvement: Cleaner stoves reduce indoor air pollution, enhancing respiratory health.
- Timesaving: They free up time for women and children who traditionally spend hours collecting wood.
- Environmental conservation: The reduction in wood consumption helps conserve local forests.
We place great importance in choosing carbon reduction projects that offer both environmental and social benefits.
Additional funded projects:
- Preventing deforestation: Efforts in the Amazon rainforest in Brazil to protect forest areas
- Methane conversion: Turning landfill methane into electricity in Brazil
- Solar energy production: Producing electricity from solar energy in Morocco
Fostering a sense of belonging through the Pepper Way
23,350
Trees Planted with Ecologi
721
Energy efficient products ordered by our colleagues
£18,432
worth of Oddbox subscriptions ordered by our colleagues
£28,272
Donated across the following charities: Shelter, Unicef, Cancer Research UK, Water Aid, Keep Britain Tidy & WWF
Beehive sponsorships
In the UK, we have also sponsored beehive initiatives to support these ecosystems and help increase pollination.
Check out our hives to see what all the buzz is about:
