Climate Change Data

Hansard Global plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:353.2 tCO2e (net)
Scope 1 Emissions:6.1 tCO2e
Scope 2 Emissions:94.1 tCO2e
Scope 3 Emissions:253.0 tCO2e
Carbon Intensity:2.03 tCO2e per full-time employee (2023)

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Corporate Social Responsibility

Environmental Achievements

  • Reduced carbon emissions through various initiatives including online communications, video conferencing, and challenging travel requirements. Invested 500 tCO2e in carbon offset programs.
  • Established a 'Green Team' to embed and extend environmental sustainability efforts.

Social Achievements

  • Culture Change Programme entered its third year, with 70% of colleagues reporting as 'engaged' (up from 40% in 2021).
  • Won awards for Excellence in Client Service and Excellence in Fintech.
  • Donated just over £18,000 to charity initiatives.

Governance Achievements

  • Strengthened board composition with the addition of Christine Theodorovics and Thomas Morfett.
  • Successfully defended 15 legal cases.

Climate Goals & Targets

Long-term Goals:
  • Reduce Scope 1 and 2 emissions by 100% by 2050.
  • Reduce Scope 3 emissions (excluding AuA) to net zero by 2050.
Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by 50% gross of offsets by 2030.
  • Reduce Scope 3 emissions (excluding AuA) by 50% gross of offsets by 2035.
Short-term Goals:
  • Launch innovative new product in Japan.

Environmental Challenges

  • Lower new business than the prior year due to economic uncertainty, geopolitical developments, and client hesitancy.
  • High inflation and cost pressures.
  • Litigation arising from Hansard Europe's closed book.
Mitigation Strategies
  • Initiatives underway to improve new business levels (detailed in Business and Financial Review).
  • Tight cost control.
  • Successfully defended legal cases, and insurance coverage is expected for some claims.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Policy changes
  • Regulatory reforms
  • Market shifts
  • Reputational factors
Opportunities
  • Development of energy-efficient products and services
  • Investment in climate-resilient technologies

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 27001

Third-party Assurance: KPMG Audit LLC

Awards & Recognition

  • Excellence in Client Service
  • Excellence in Fintech