Connected Asset Management Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:27 tCO2e
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Community Engagement
- Responsible Investing
Environmental Achievements
- Switched energy supply to a renewable tariff
- Developed an Environmental Purchasing Policy
- Offset 27 tonnes of CO2e emissions through accredited carbon removal and avoidance projects.
Social Achievements
- Recognized as one of the Best for the World B Corps in 2021 (and 2022) in the Workers category for 1-10 Employees.
- Implemented flexible work policies (core hours 10am-3pm, hybrid work week)
- Introduced an EMI scheme for employee share ownership.
- 100% of employees reported positive feedback in annual employee surveys regarding professional growth, support, and work value.
Governance Achievements
- B Corp Certification
- Joined the B Corp UK Finance and Investment Working Group
- Supported the Better Business Act campaign
Climate Goals & Targets
Long-term Goals:
- Net zero across investments (target year not specified)
Medium-term Goals:
- Achieve operational net zero by 2030
Short-term Goals:
- Review hiring practices, establish mentorship program, become Disability Confident Employer
- Organize first corporate volunteering day
- Engage with all investees on climate reporting and strategy (aiming for 100% reporting Scope 1, 2, and 3 emissions and net zero strategy by 2025)
Environmental Challenges
- Increasing carbon footprint with team expansion and office return
- Investment sector lagging in diversity and inclusion
- Need to further engage with local community
Mitigation Strategies
- Monitoring carbon footprint closely
- Developing a net zero strategy for operations (aiming for operational net zero by 2030)
- Reviewing hiring processes to ensure fairness and accessibility
- Creating an internal mentorship program for women
- Working towards becoming a Disability Confident Employer
- Allocating budget for corporate volunteering
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: B Corp
Certifications: B Corp
Awards & Recognition
- Best for the World B Corps 2021 and 2022 (Workers category)