James Peach FCA
- Audit and Assurance Partner
- +44 (0)330 124 1399
- Email James[email protected]
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We set the target of being carbon neutral by the end of 2021 and completed the necessary work to meet our target.
We teamed up with global sustainability experts, Anthesis, to have our carbon footprint independently reviewed and calculated. After they verified our total carbon emissions, we explored options to offset our carbon footprint and choose to do this through Ecologi.
Ecologi arrange for trees to be planted for individuals and businesses using world renowned tree planting experts Eden Reforestation Projects, and source Gold Standard certified carbon credits. They are a B Corp certified company, which means they have been independently verified by B Lab to meet the highest standards of social and environmental performance, transparency and accountability.
You can visit our Kreston Reeves forest and profile on Ecologi here. In 2021 we planted a tree for every client and committed to doing this every year. Further down our profile you can see what carbon reduction initiatives our carbon credits are being used towards.
James Peach, Partner and Head of CSR at Kreston Reeves comments; “We’re really proud as a firm to have achieved this initial target. Our people are passionate about continuing to reduce our emissions and our impact on our environment, so we won’t be stopping here. We know there is still more work that can be done.”
Dan Firmager, Audit Senior and member of the CSR team comments; “By using Ecologi we are ensuring we only purchase the highest quality genuine carbon credits. Each year we will continue to offset our verified carbon emissions and we also remain committed to planting a tree for each of our clients, every year.”
James adds; “These are great first steps towards achieving a sustainable future and we’re keen to continue to find ways to even further reduce our carbon footprint.”
What do our emissions look like?
|Scope||Emissions source||2020/21 emissions (tCO2e)|
|Scope 1||Gas combustion||63|
|Scope 2||Purchased electricity||198|
|Scope 3||Business travel – grey fleet||69|
|Business travel – 2020/21: rail and hotel stays.||3|
|Transmission and distribution||17|
|Water supply and treatment||7|
|Purchased goods and services||1,009|
How do carbon credits work?
A carbon credit represents a certified reduction or removal of one tonne of carbon dioxide from the atmosphere. The money used to purchase a carbon credit is invested into Gold Standard initiatives that reduce or remove carbon from the atmosphere. Examples of this are reforestation projects, wind turbine constructions, biomass energy creation, solar power or even hydroelectric projects.
Gold Standard was established by WWF and other international non-government organisations to ensure that projects that could be invested in were genuine, quantifiable schemes that feature the highest levels of environmental integrity and contributed towards sustainable development.
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