ESG reporting is something that looks set to grow in the next few years, which means insurance brands will need to collate more data on their supplier chain, carbon footprint, vehicle usage, product miles and more. So any way to enhance that number crunching by using an experienced supplier has to be good news. Here’s the word;
Broadstone has launched a new carbon footprinting service to enable businesses to accurately measure, manage and monitor their corporate sustainability progress in line with increasing regulatory requirements. Measuring a carbon footprint is a method of quantifying the total greenhouse gas (GHG) emissions associated with an individual, organisation or activity.
It involves collecting data on energy use, transportation and other relevant factors, calculating emissions in terms of carbon dioxide equivalent, and presenting the results to assess and manage environmental impact.
The UK Government has made a commitment to achieving net zero, (reducing GHG emissions by at least 100% of 1990 levels) by 2050. This means that organisations in the UK will be increasingly required to play their part in helping to solve the climate crisis and working towards this sustainable long-term goal.
Broadstone’s new service will help businesses navigate their sustainability journey to:
- Measure emissions by means of a carbon footprinting exercise;
- Manage and set reduction targets via a carbon management plan; and
- Monitor this over time to see trends and quantify progress.
The service is led by Deon Dreyer who joined Broadstone in 2024 after leading Ortec Finance’s UK business and their Climate and ESG solution, growing the business to be one of the industry leaders in the climate risk space.
Deon Dreyer, Investment Director at Broadstone, said: “Environmentally sustainable economic growth is both a business imperative and critical to safeguarding the UK’s future. This awareness is driving an increasing focus on how corporates can develop practises that are good for business, good for people and good for the environment.
“This innovative service will be a key part of Broadstone’s developing, tech-led sustainability platform for employers, trustees and asset owners. We aim to help stakeholders quantify their greenhouse gas emissions and model the impact of climate risk to drive tangible change and long-term growth.
“Our ambition is to become the leader in our market segment in climate related solutions for corporates, trustees and asset owners, offering appropriately priced solutions without compromising o
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