Net Zero, Science Based Target, Tech Zero Taskforce

Today marks our unique, triple-play commitment to climate action – one of the world’s first risk management technology platforms to commit to a Science Based Target, a Net Zero Target and the Tech Zero taskforce. Building on our company-wide sustainability programme – Healthy Planet, People and Business – we will drive forward a carbon reduction plan, set a Net Zero date and work with other organisations to achieve challenging targets together.

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Written by: Alcumus
1st November

Setting out programmes of policies, initiatives and targets to operate responsibly, with minimal (or zero) environmental impacts and positive outcomes for society and the economy, have become the ‘table stake’ for organisations to engage their stakeholders and be competitive. The credibility and impact of those programmes rests fundamentally on data visibility and the ability to connect remote workers, supply chains and daily operations to ‘one true view’ of risk and operations.

To achieve this, we will use our technology solutions – such as the InfoExchange ESG (Environmental, Social and Governance) suite – to measure and cut our carbon footprint across all scopes, tracking our carbon reduction measures to prove what we do. Certified to ISO 14001, our environmental management system has the processes in place to track our aspects and impacts – as we also do for thousands of global customers in multiple sectors.

For the world to reach Net Zero by 2050, so many individual actions need to happen in every country – driven by the agreements and negotiations shaped at events like COP26. Businesses and their people must help to deliver real carbon reductions, not just in the UK, America and New Zealand, where Alcumus teams are based, but in carbon-intensive regions like Russia, India and China. We must all play our part, connecting the bright dots of individual actions to shape a huge collective impact that cuts carbon emissions.

We’ve already cut our carbon at Alcumus, through solar panels at our Cardiff office, revised travel schedules, remote working and energy efficiency. We’ve also planted over 500 trees, with more to come through employee pledges. However, in making this enhanced milestone commitment to carbon reduction, we want to set ourselves the right ambition and start the rest of our climate action journey today. Indeed, an old Chinese proverb suggests that the best time to plant a tree is 20 years ago, but the second-best time is today.

The world’s Net Zero deadline of 2050 may seem far off in time, but most acknowledge that the pressures are growing now, the competitive momentum is building now and the most effective organisations are acting now. The most common action is to include carbon reduction within an integrated ESG strategy that sets a challenging balance to change behaviours for commercial benefit – the 3 CBs.

We have changed our world through our over-dependence on fossil-fuel energy systems. Now – through extreme weather events, coastal erosion, biodiversity and habitat changes – our world is changing us. Tackling the climate crisis – cutting carbon emissions – has become one of the key issues facing all societies and a key challenge that businesses must address in their core ESG strategies. Failure to take action will increasingly expose organisations to concerns over revenue, operational risk, regulatory compliance, reputational damage and their ability to claim that they are a responsible business.

The scope and scale of the environmental crisis means that it cannot be credibly denied, with urgent and ambitious action needed at every level. Net Zero is not a passing trend, but is part of a long-term shift to decarbonise economies, keep the planet’s temperature under control and produce less carbon than we take out of the atmosphere. That ambition is at the heart of the triple-play commitment we are making.

At Alcumus, we connect sustainably-minded companies with responsible contractors and suppliers, using sustainability as the ‘golden thread’ which builds ‘Mutual Partnerships’ as the bedrock of better business. Our expert teams will also be an invaluable source of innovative thinking and collective action, through engagement programmes, surveys, business-wide discussions and bespoke action plans in each of our offices and field teams.

We have changed our world through our over-dependence on fossil-fuel energy systems. Now – through extreme weather events, coastal erosion, biodiversity and habitat changes – our world is changing us. No one individual or organisation can tackle the climate crisis alone, but we can all do it together.

Science Based Targets

Science-based targets provide companies with a clearly-defined path to reduce emissions in line with the Paris Agreement goals. More than 1,000 businesses around the world are already working with the Science Based Targets initiative (SBTi).

Ambitious corporate climate action - Science Based Targets

Tech Zero Taskforce

Tech Zero taskforce is a group of fast-growing UK technology companies, working together to accelerate progress to Net Zero – the founding companies have urged companies of all sizes from around the world to join them by making the Tech Zero commitments and taking action to reduce emissions.

TechZero Website