Opus 2
Climate Impact & Sustainability Data (2023-24)
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:1702 tCO2e
Scope 1 Emissions:8 tCO2e
Scope 2 Emissions:38 tCO2e
Scope 3 Emissions:1656 tCO2e
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Achieved EcoVadis Gold Medal
- Reduced Scope 3 Business Travel emissions per FTE while nearly doubling the size of the organization (1.36 tCO2e per FTE in FY23 vs 1.40 tCO2e per FTE in FY19)
- Science Based Targets approved by SBTi to reduce Scope 1 and 2 emissions by 46% by 2030 from a 2019 base year
Social Achievements
- Contributed over £50,000 to charitable organizations
- 52% increase in use of Opus 2 team member volunteer days (392 hours volunteered)
- Donated 78 laptops and 35 monitors to Sentinel Kalumbila school in Zambia
Governance Achievements
- Secured ISO/IEC 27001:2022 standards certification
- Maintained Cyber Essentials Plus certification
- Adopted new policies to guide corporate governance and ESG practices (Revised Sanctions Compliance Programme, Conflicts of Interest Policy, Use of AI at Work Policy, Supplier Code of Conduct)
- Introduced mandatory training for all employees on anti-bribery and anti-corruption
Climate Goals & Targets
Medium-term Goals:
- Launch the new Opus 2 Code of Conduct
- Expand compliance training programme
- Maintain and update materiality assessment
- Assess current DE&I practices and identify new strategies
- Drive Charitable Giving programme to increase impact
Short-term Goals:
- Enhance employee sustainability education with quarterly training sessions
- Identify and implement actions to reduce Scope 3 Carbon Emissions
- Enhance client awareness of Opus 2 offerings and their relative sustainability impact
Environmental Challenges
- Increased total CO2 emissions due to business growth
- Scope 3 emissions representing 97% of overall footprint
Mitigation Strategies
- Partnered with Net Zero Now to enhance Scope 3 emissions reporting
- Partnered with COCO+ Travel to identify efficient and sustainable travel options
- Engaging with data center suppliers for more specific data on usage
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GHG Protocol, UN Global Compact
Certifications: EcoVadis Gold Medal, ISO/IEC 27001:2022, Cyber Essentials Plus