Setting new standards for corporate sustainability
INTRODUCTION
SUSTAINABILITY INITIATIVE
Why are we doing this?
As our teams expand, our commitment to sustainability grows ever faster. As a company, we have the objective to become the most sustainable version of ourselves. To make this ambition a reality, we formed an action team, bringing members from our Sustainability Solutions, Operations, Customer Success, and Marketing teams to define, manage and steer our drive towards sustainability. These actions are supported by all levels of management, our advisory board included.
Decarbonisation
By 2025, Carbon Quench will have decarbonised at least 80% of its avoidable emissions, internally and across its value chain
Net-zero emissions
Achieving net-zero targets before our public objective of 2030. We use the CarbonQuench Platform to track our carbon emissions. We rely on third party institutions to validate our calculations (TÜV Rheinland), our approach and performance (B Corp).
Implementing sustainability holistically
Reflecting our core values of self-reflection, honesty, collaboration and empowerment, our commitment to sustainability has to go beyond expectations. As such, we implement sustainability in every aspect of our activities and way of working.
Lead with sustainability
We aspire to be a role model to aspiring companies and lead with sustainability. We aim to reach 1 Gt of carbon emissions under management by 2025, supporting hundreds of businesses to decarbonise their activities across all verticals and industries.
EMISSIONS MANAGEMENT
Our methodology is following the guidelines of the GHG Protocol - covering scopes 1, 2, 3 of carbon emissions.
We use the same emission accounting methodology that we implement with our clients. It has been audited and certified by the TÜV Rheinland. We have implemented the same process when accounting for our own emissions.
Deep dive in our carbon footprint for 2020.
Emissions 2020
85.74 tCO2e
All scopes
0 tCO2e
Scope 1 emissions
72.44 tCO2e
Scope 2 emissions
13.3 tCO2e
Scope 3 emissions
1 tonne means 1 metric tonne = 1,000kg
COMMITMENTS
Sustainability objectives and commitments
You can’t manage what you don’t measure. Unless commitment is made, there are only promises and hopes, but no plans.
Carbon Quench received the B Corporation certification for its commitment to environmental, social and governance dimensions of its business, with a score of 114.5. We are aiming to score even higher in the next three years.
Carbon Quench is committed to decarbonising at least 80% of our avoidable emissions by 2025 both internally and across our value chain. This objective goes beyond the Science-Based target initiative’s recommendations of 42% reduction targets for SMEs for scopes 1 and 2 only.
Carbon Quench is one of the 313 signatories of The Climate Pledge. The pledge is based on three key principles to achieve net-zero emissions by 2040: regular reporting, carbon elimination and credible offsets.
LOOKING FORWARD
What comes next
An ambitious journey like the one towards carbon negativity comes with a few milestones. Here are the key moments on our journey for the next years.
Our sustainability experts will advise you on an effective strategy for your business.