Keyloop (UK) Limited
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:535.81 tCO2e (2022), 598.36 tCO2e (2023) (UK only)
Total Energy Consumption:30,257 kWh (Oulu office, 2023)
Waste Generated:1,350 kg of electrical items recycled in UK (2023)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced office footprint by 23% from 351,000 sq. ft (FY22) to 271,000 sq. ft (FY23)
- Achieved LEED PLATINUM v4 certification for Hyderabad office
- Transitioned to renewable energy in UK offices
- Recycled 1,350 kg of electrical items in the UK in 2023
- WWF Green Office certification in Finland in February 2024
- Reduced electricity emissions by 4% and natural gas emissions by 44% from 2022 to 2023 (UK only)
Social Achievements
- Launched a two-year Evolve Management Development Programme for early career professionals (31 associates currently enrolled)
- Increased Learning at Work Week attendance from 600 to 1500 in 2024
- Implemented a ‘buddy’ system for new employees
- 92% completion rate for online training modules in 2023
- Provided online executive coaching through Thrive Partners
- Donated 21 refurbished laptops to schools in South Africa
- Increased paternity leave from 2 weeks to 6 weeks
- Increased compassionate leave from 3 days to 5 days
- Added a celebration day for union/marriage
Governance Achievements
- ISO 27001 accreditation in four locations (UK, Canada)
- SOC 1 compliance for several years
- Re-evaluating SOC 1 controls and implementing SOC 2 for selected products
- Strict financial control measures with multi-level review
- Regular external audits
- Ransomware playbook and regular phishing simulations
Climate Goals & Targets
Short-term Goals:
- Transition from physical data centers to a fully cloud-based solution by the end of 2025
Environmental Challenges
- Reducing carbon footprint from company travel (especially air travel)
- Further reducing office footprint
- Addressing gender pay gap (14.8% mean, 15.9% median in UK)
- Increasing representation of women in senior roles
Mitigation Strategies
- Encouraging thoughtful travel choices (carpooling, public transport)
- Continuous review of office space and local requirements
- Initiatives to increase women in senior leadership roles (Moving Ahead program, SheSaaS)
- Promoting hybrid/flexi and remote working
Supply Chain Management
Responsible Procurement
- Robust supplier onboarding processes
- Sourcing suppliers who echo Keyloop's ethical values
Climate-Related Risks & Opportunities
Awards & Recognition
- Silver medallist at the Internal Communications and Engagement Awards 2023