Experian
environment reporting part metrics and targets our climate change strategy is underpinned by our commitment to become carbon neutral across our operations by our climate goals become carbon neutral in our own operations by scope and scenario reduce absolute scope and emissions by by from scope scenario reduce absolute scope emissions from purchased goods and services business travel and fuel and energy related activities by by from offset of our scope and emissions by we use these metrics and targets to assess and manage relevant climate related risks and opportunities associated with our operational performance we the importance of climate change to our stakeholders and the increasing emphasis on achieving net zero emissions globally following the cop climate conference and the latest report from the intergovernmental panel on climate change we want to further our ambition and commitment towards net zero and in the coming year we will develop our plans to our operations even further and transition to net zero as defined by the most recent standard from the science based target initiative we measure externally assure and publicly report carbon footprint see page of annual report this year we reduced our scope and emissions by a further to thousand of equivalent since we have achieved a reduction in scope and emissions on our way to achieve a reduction by and meet our science based target this reduction was due to the combination of various factors including intermittent closure of our offices as a result of covid restrictions embracing new flexible ways of working that have resulted in a decrease in building occupancy and consolidation and reduction of office space to enable the delivery of our scope and science based target we have worked with colleagues across the business to identify opportunities to reduce our operational emissions this year the focus was on using our office space smartly and reducing our overall building footprint where flexible working has reduced the demand for office space we will continue to invest in energy efficiency projects and technologies for our assets around the world and source more renewable electricity we cut the carbon intensity of our direct emissions by this year to of per us of revenue to achieve our scope target our main focus is on engaging with suppliers to reduce the footprint of the products and services we buy which make up of our scope emissions we are embarking on a process to gather actual scope emissions data from our suppliers but since this is not currently available we have followed common best practice to estimate our purchased goods and services emissions category using an extended economic input output model that uses expenditure data a detailed methodology for this calculation can be found on our | Experian
Company
Deck Type
ESG
Sector
Industry
Deck date
June 2022
Slide
65 of 91
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has published its climate progress report climate change is one of the global environmental and economic challenges of our time and we have a unique position to influence our companies to become leaders and to align with a low carbon future i am of the progress made in our portfolio companies and impressed by their ability to scale rapidly while decreasing greenhouse gas emission intensity with this report we also want to increase transparency towards stakeholders and drive the development in our sector with regards to sion disclosure and target follow up of between and the emissions reporting companies in portfolio have decreased their emissions intensity by thus achieving our annual target of our long term target is a reduction in greenhouse gas emission intensity in portfolio by compared to highlights from the climate progress report set two climate targets in may a net zero tar get for our operations excluding the portfolio and a target to achieve reduction in greenhouse gas emission in tensity in portfolio by compared to in the portfolio climate target was integrated into our linked financing framework and translated into an annual reduction target namely to achieve a in greenhouse gas emissions intensity in the portfolio by annually until the objective of our inaugural climate progress report is to follow up on the of annual intensity duction target and report on the performance against the climate performance target of our ding linked bonds between and the six companies in portfolio reporting emissions have on aggregate and on a value weighted basis decreased their emissions intensity by thus achieving our target for in addition to the main objective to follow up on our climate target for the portfolio the climate progress report also includes an overview of the total emissions from portfolio the overview includes the actual carbon dioxide equivalents of our emissions reporting companies as well as an estimate of the scope and emissions from our lar gest non reporting portfolio companies ona interim | Kinnevik
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we published our yearly climate progress report one of climate targets is to reduce greenhouse gas emission intensity in our portfolio by by with as base year the target has been integrated into our linked financing framework and translated to an annual reduction target to achieve a reduction in portfolio emissions intensity of year over year until in on a fair value basis the year over year decrease in portfolio emissions intensity was since the base year the average annual decrease in emissions intensity was thus in we exceeded our target both year over year and on average an basis commented the urgency of the climate crisis is evident and the expectations on companies from employees investors and regulators are increasing rapidly i of our portfolio companies ability to continue scaling and contributing to economic growth while decreasing their dependency on fossil fuels and aligning their operations with a low carbon economy the climate progress report also includes an overview of the total estimated emissions from portfolio the overview includes the actual emissions from our emissions reporting companies scope and and an estimate of the emissions from our non reporting portfolio companies scope and consistent with the standard the full report is available on our year over year decrease in emissions intensity eke yen | Kinnevik
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