In its latest initiative as part of its drive to achieve its net zero goals, leading specialist loss adjuster QuestGates has today launched its Carbon Calculator portal. Working out your carbon footprint is an essential part of settling most bigger claims and regulation is bound to increase as time goes by.
This new tool has been designed to accurately measure the carbon cost of remediation and reinstatement works to help QuestGates and its supplier network promote sustainable remediation techniques, eradicate waste sent to landfill and drive the use of energy efficient plant and equipment.
QuestGates’s Carbon Calculator will offer up to four different approaches on each claim, which for the first time will allow insurers and their customers to evaluate the carbon cost of the proposed works and factor that into their chosen approach.
QuestGates Director, Greg Laker, says: “The benefits of calculating carbon emissions are significant – not just on the environmental claims that we manage, but across our entire property portfolio. It will enable us to facilitate a remedial options appraisal that not only factors in efficacy, financial cost and timescale but also how environmentally sustainable each option would be in terms of measured carbon footprint. This tool is going to play a major part in helping us to achieve our own net zero goals, but also help our insurer partners to measure their Scope 3 emissions.”
The QuestGates Carbon Calculator has been developed in conjunction with the QuestGates panel of environmental consultants and specialist carbon consultancy, Blue Marble.
Richard Lawrence, Technical and Complex Loss Director – Environmental, at QuestGates, explains: “There are a number of schemes and calculators in existence, but none are tailored to environmental claims nor do they have the flexibility to be applied to each individual property claim or project that our business manages. The Carbon Calculator that we have developed with our partners uses data derived from published UK government data combined with industry and carbon consultancy research, with applied units expressed in terms of CO2e emissions, considering concepts of the Green House Gas Protocol.”
QuestGates has successfully tested the Carbon Calculator on a number of completed environmental claims involving remediation of contaminated sites and is now rolling it out on all property claims.