Climate Change Data

Howden Group Holdings

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:6,075.74 tCO2e (UK only)
Scope 1 Emissions:512 tCO2e (UK only)
Scope 2 Emissions:1378 tCO2e (UK only)
Scope 3 Emissions:4,185.74 tCO2e (UK only)
Renewable Energy Share:52% (UK footprint)
Total Energy Consumption:10,804,018 kWh (UK only)
Waste Generated:73,000 kg of plastic offset

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Community Investment
  • Responsible Business Practices

Environmental Achievements

  • Achieved 52% renewable energy in UK footprint.
  • Offset 40,000 tonnes of emissions through Northern Kenya Rangelands Project and Ntakata Mountains Project.
  • Offset just over 73,000kg of plastic through ocean-bound plastic credits.
  • Achieved certified plastic-neutral claim for London headquarters.
  • Reduced document template data footprint by 84% through digitization.

Social Achievements

  • Launched #AllofUs campaign to attract diverse talent and foster inclusivity.
  • Launched Get Into Insurance Programme with Prince's Trust and LIIBA.
  • Employees recorded over 7000 hours of volunteering and raised £375,000 for charities.
  • Raised over £500,000 for Alzheimer's Society since 2019.
  • DUAL APAC raised $122,000 for 66 charities and engaged in extensive volunteering.

Governance Achievements

  • Continued investment in sustainable technologies to improve cyber security and operational resilience.
  • Became a signatory of the Sustainable Markets Initiative Supply Chain Pledge.
  • Maintained ‘Silver’ rating in EcoVadis assessment.
  • Submitted second reports to ClimateWise and UN Global Compact.

Climate Goals & Targets

Medium-term Goals:
  • Define and implement appropriate net zero target for the Group.
Short-term Goals:
  • Increase the robustness of carbon footprint data and prioritize decarbonization efforts.

Environmental Challenges

  • Capturing and calculating global carbon footprint.
  • Reducing gender pay gap.
  • Under-representation of women in senior roles.
  • Decentralized procurement model requiring improved sustainability practices across global supply chain.
Mitigation Strategies
  • Working with third-party consultancy to map decarbonization targets and prioritize carbon hotspots.
  • Implementing various actions to improve recruitment, promotion processes, and provide support for women.
  • Introducing ESG due diligence questionnaire and Vendor Risk Management tool.
  • Developing a supplier code of conduct for suppliers with spend in excess of £1m.

Supply Chain Management

Responsible Procurement
  • Supplier code of conduct (for suppliers with spend >£1m)
  • ESG due diligence questionnaire
  • Vendor Risk Management tool
  • Sustainable Markets Initiative Supply Chain Pledge

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Energy transition impacts on price volatility
Opportunities
  • Developing risk transfer solutions for renewable energy production

Reporting Standards

Frameworks Used: UN Global Compact, ClimateWise, EcoVadis

Sustainable Products & Innovation

  • World’s first carbon credit invalidation insurance product

Awards & Recognition

  • Howden Ordas certified as a Socially Responsible Company
  • Howden Guardian certified as a Great Place to Work
  • Howden Australia ranked #1 in Best Workplaces Australia 2022

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2,169.3 tCO2e (UK only)
Scope 1 Emissions:242.4 tCO2e (UK only)
Scope 2 Emissions:1725.7 tCO2e (UK only)
Scope 3 Emissions:199.9 tCO2e (UK only)
Total Energy Consumption:10,446,375 kWh (UK only)
Waste Generated:639 kg recycled, 1,199 kg remarkedted (UK only)

ESG Focus Areas

  • Governance and business integrity
  • Environmental management
  • Diversity and inclusion
  • Wellbeing
  • Legal, compliance and risk
  • Data and cyber security
  • Supply chain and ethics
  • Climate Risk and Resilience
  • Enabling the energy transition
  • Supporting urban resilience planning
  • Helping vulnerable communities financially prepare for the future

Environmental Achievements

  • Implemented Salesforce’s Net Zero Cloud to track and manage emissions data.
  • Expanded specialist central sustainability team to improve environmental performance management.
  • Partnered with Seven Clean Seas, removing 287,532kg of plastic waste.
  • Supported carbon offset projects across multiple geographies.

Social Achievements

  • Launched 'All of Us' employee initiative with over 1,700 pledges for inclusivity.
  • Introduced a menopause benefit in the UK.
  • Launched diversity roundtables to foster open dialogue.
  • Participated in the Dive In festival for inclusive workplace cultures.
  • Partnered with The Prince’s Trust for youth employment in insurance.

Governance Achievements

  • Integrated diversity and inclusion dashboard into Board packs.
  • Established a Group Risk Management framework.
  • ESG & Sustainability Committee reports to the Board on ESG risks.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions
Short-term Goals:
  • Develop and set credible net-zero goals and implement robust carbon reduction plans.

Environmental Challenges

  • Gathering and managing emissions data in a decentralised operating model.
  • Tracking scope 3 emissions across multiple geographies.
  • Decentralised procurement model impacting supply chain sustainability efforts.
Mitigation Strategies
  • Implemented Salesforce’s Net Zero Cloud.
  • Expanded sustainability team to provide advice and support.
  • Enhanced travel tracking with a new partner.
  • Expanding sustainable procurement efforts.
  • Introduced a vendor risk management tool.

Supply Chain Management

Responsible Procurement
  • Working with contractors and suppliers who share zero tolerance for modern slavery and support environmental accountability (UK).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, Streamlined Energy and Carbon Reporting (SECR)

Third-party Assurance: Supported by Energy Managers Association Lead Assessor (UK emissions only)