Alcumus announces its ESG commitment to reduce its environmental impact through three initiatives: Net Zero, Science Based Target, Tech Zero Taskforce

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

Alcumus will use its recently launched ESG suite, a technology solution that assesses 11 criteria in the ESG mix, to measure and cut its carbon footprint across all scopes, keeping a track of carbon reduction measures to prove initiatives, progress and outcomes.

The commitments build on and formalise progress already made. As such, Alcumus has already begun to cut its carbon emissions, through solar panels on its Cardiff office, revised travel schedules, remote working and energy efficiency, and has also planted over 500 trees, with more to come through employee pledges.

David Picton, SVP for Sustainability at Alcumus explains: “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.

“For the world to reach net zero by 2050, so many individual actions need to happen in every country. We must all play our part, connecting the bright dots of individual actions to shape a huge collective impact that cuts carbon emissions.

“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. 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 do so will increasingly expose firms to concerns over revenue, operational risk, regulatory compliance, reputational damage and their ability to claim that they are a responsible business.

“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.”

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

Alcumus will use its recently launched ESG suite, a technology solution that assesses 11 criteria in the ESG mix, to measure and cut its carbon footprint across all scopes, keeping a track of carbon reduction measures to prove initiatives, progress and outcomes.

The commitments build on and formalise progress already made. As such, Alcumus has already begun to cut its carbon emissions, through solar panels on its Cardiff office, revised travel schedules, remote working and energy efficiency, and has also planted over 500 trees, with more to come through employee pledges.

David Picton, SVP for Sustainability at Alcumus explains: “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.

“For the world to reach net zero by 2050, so many individual actions need to happen in every country. We must all play our part, connecting the bright dots of individual actions to shape a huge collective impact that cuts carbon emissions.

“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. 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 do so will increasingly expose firms to concerns over revenue, operational risk, regulatory compliance, reputational damage and their ability to claim that they are a responsible business.

“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.”