Climate Change Data

Conservice

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2045.9 MTCO2e (2023)
Scope 1 Emissions:898.6 MTCO2e (2023)
Scope 2 Emissions:500.8 MTCO2e (2023)
Scope 3 Emissions:646.5 MTCO2e (2023)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved EPA’s ENERGY STAR Partner of the Year for 2023 and Partner of the Year Sustained Excellence award in 2024
  • Helped 800 properties achieve ENERGY STAR certification in 2023
  • Implemented WasteX solution to support waste reduction and recycling
  • Purchased 30 MTCO2e of carbon offsets to mitigate emissions from business travel in 2023
  • Chicago office is LEED v4.1 O&M Gold certified; Salt Lake City office is in a WELL certified building

Social Achievements

  • Created Employee Resource Groups (Conservice United) for employees with shared demographics, culture, or life experiences
  • Donated $158,031 and more than 2,122 hours of volunteer time to various charities in 2023
  • Improved employee engagement survey response rate to 84% in 2023
  • Implemented several additional leave practices including parental leave, bereavement leave, jury duty leave, and an additional floating holiday

Governance Achievements

  • Established an Ethics Hotline for reporting ethical violations
  • Implemented robust cybersecurity measures and regular security training for all employees
  • Published a public-facing Corporate Responsibility Report

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality
Medium-term Goals:
  • Begin evaluation of the S&P CSA (Corporate Sustainability Assessment)
Short-term Goals:
  • Further refine ESG strategy, policies, and processes
  • Develop targets for material ESG KPIs

Environmental Challenges

  • Climate change (though not currently considered a material risk to Conservice's operations, it is a concern for many of their clients)
  • Cybersecurity threats
Mitigation Strategies
  • Advising clients on climate risk using frameworks like TCFD and CRREM; offering Climate Risk assessment services
  • Implementing robust cybersecurity systems and defenses; requiring regular online security training for all employees

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD, GRESB

Certifications: ENERGY STAR, LEED v4.1 O&M Gold, WELL

Sustainable Products & Innovation

  • WasteX solution
  • ESG Solutions platform

Awards & Recognition

  • EPA’s ENERGY STAR Partner of the Year (2023)
  • EPA’s Partner of the Year Sustained Excellence award (2024)