In order to help companies measure, manage, and track their corporate sustainability progress in compliance with growing legal obligations, Broadstone has introduced a new carbon footprinting service.
A carbon footprint is a measure of an individual, organisation, or activity’s overall greenhouse gas (GHG) emissions.
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The process comprises gathering data on energy use, transportation, and other relevant elements, computing emissions in carbon dioxide equivalents, and presenting the results to evaluate and manage environmental effect.
The UK Government aims to achieve net zero GHG emissions by 2050, which means reducing them by at least 100% from 1990 levels. Corporations in the UK will be expected to contribute to addressing the climate problem and achieving long-term sustainability.
The carbon footprinting service from Broadstone will assist companies in navigating their journey towards sustainability. It aims to do this with certain features:
- Measure emissions by means of a carbon foot printing exercise;
- Manage and set reduction targets via a carbon management plan, and
- Monitor this over time to see trends and quantify progress.
Deon Dreyer, who joined Broadstone in 2024, oversees the service. Prior to joining the company, he headed Ortec Finance’s UK division and their Climate and ESG solution, building the company into an established brand in the climate risk sector.
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By GlobalDataDeon Dreyer, investment director at Broadstone, stated: “Environmentally sustainable economic growth is both a business imperative and critical to safeguarding the UK’s future. This awareness is driving an increasing focus on how corporates can develop practises that are good for business, good for people and good for the environment.
“This innovative service will be a key part of Broadstone’s developing, tech-led sustainability platform for employers, trustees, and asset owners. We aim to help stakeholders quantify their greenhouse gas emissions and model the impact of climate risk to drive tangible change and long-term growth.
“Our ambition is to become the leader in our market segment in climate related solutions for corporates, trustees and asset owners, offering appropriately priced solutions without compromising on quality.”
