The latest from Sedgwick who have hit their carbon neutral target.
Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions, today announced that its UK operations have achieved carbon-neutral status. This puts the business on track to meet its commitment to Science Based Targets, a corporate climate action organisation, of being carbon net zero by 2030.
Sedgwick has secured ISO 14001 certification for its environmental management system (EMS). This distinction is verified by the British Standards Institution (BSI) and carbon neutrality has been calculated in accordance with Publicly Available Specification (PAS) 2060, the internationally recognised standard.
Last year, Sedgwick recorded a 26% reduction in its carbon footprint in the UK — an improvement made possible by a rigorous ESG strategy that promotes reduced travel due to remote working and investing extensively in renewable energy, motion-activated lighting and a growing proportion (70%) of electric/hybrid fleet vehicles. Sedgwick’s UK repair solutions restoration network independently achieved ISO 14001 certification in 2014 and carbon neutrality in 2022. As a result of Sedgwick’s efforts in the UK, ClimateWise — a consortium of insurance industry and academic organisations — upgraded the company’s sustainability report score by 16 points.
Sedgwick has also introduced initiatives to help clients reduce their Scope 3 emissions. These include the development of its high-performing carbon value calculator to accurately evaluate and promote carbon-neutral repair options, supporting recycling of components from large commercial steel-framed buildings to yield carbon reductions of up to 80%, and a proactive carbon-saving programme that encouraged the restoration of contents in over 5,500 property damage cases in 2023. This last initiative saved Sedgwick’s insurer clients an estimated £4.1 million.
“Becoming carbon-neutral across our UK business is a landmark achievement. It’s also an important step towards meeting our Science Based Targets of becoming carbon net zero by the end of this decade,” said Neil Gibson, Chief Executive Officer in the UK. “Climate-related catastrophes are a huge threat to the industry and the world around us. If we hope to reduce the impact of global warming on our environment, the transition to a low-carbon economy is more crucial than ever.”
Be the first to comment