欧美AV

We have made great strides in reducing emissions from our buildings with a 43% reduction since 2019. Thanks to initiatives like upgrading our heating systems, installing low-energy lighting, and improving energy management, we have had a tangible impact on our carbon footprint, reflecting our commitment to making our operations more sustainable.

Improvements to how we track emissions in key areas like catering and paper use have been another area of focus for this reporting cycle. By working directly with suppliers, we have been able to gather more specific data to help us make more informed decisions within the organisation. In 2023, procurement of goods and services made up 65% of our total Scope 3 GHG emissions (i.e. the indirect emissions across the whole corporate value chain). Improved data granularity is already helping to lower emissions associated with our procurement, and we plan to extend this work across more of our supply chain.

Business Travel Post-COVID

One area where we have seen an increase in emissions has been business travel. After the easing of COVID-19 restrictions in 2022, more face-to-face meetings and events have been taking place. As a result, our business travel-related emissions have increased by 38% compared to 2019 levels. Air travel in particular – including long-haul trips to refresh and extend our connections after the COVID-19 pandemic and link up our offices across the globe – is a significant contributor, making up 24% of our total Scope 3 GHG emissions in 2023.

While business travel is essential for building connections and maintaining a global presence, we recognise that it comes with environmental costs. In 2024, we have already taken several measures to reduce the costs and emissions from our travel, and will continue to do so, and we hope these changes will be reflected in our next progress report.

Another important area of travel-related emissions relates to commuting, although the quality of the data is lower than in other areas. For the coming reporting period, we are working to get a clearer understanding of commuting patterns to inform our reporting and action in this area.

Tackling Challenges in Emissions Reporting

Various methodologies exist to calculate organisational GHG emissions. The 欧美AV uses a spend-based methodology. Also used by organisations like the National Trust, emissions are calculated based on financial expenditure rather than specific data from individual suppliers. While useful for estimating overall trends, this approach can lead to overestimations, in particular if not adjusted for inflation.

In this year’s report, emissions from purchased goods and services have shown an increase of 36.4% compared to the 2019 baseline. However, much of this can be explained by inflation and rising costs (which our spend-based model interprets as higher emissions), not necessarily by an increase in actual GHG emissions. With more detailed data from our suppliers, we believe the reported rise would be much smaller. Improving the accuracy of our supply chain data is a key priority for future reporting cycles as it will enable us to better target areas where reductions can make the most impact.