Climate Change Data

RENTGUARANTOR HOLDINGS PLC

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Less than 40,000 kWh of energy per annum
Total Energy Consumption:Less than 40,000 kWh/year

ESG Focus Areas

  • Climate Change
  • Employee Relations
  • Governance

Environmental Achievements

  • Reduced carbon footprint by minimizing business travel through online video platforms

Social Achievements

  • Promotes a policy for the creation of equal and ethnically diverse employment opportunities including with respect to gender; currently has 9 female and 5 male employees.
  • Increased customer services staff in response to demand
  • Commenced design and development of Fourth Generation RentGuarantor Platform

Governance Achievements

  • Strengthened governance procedures
  • Peter Coleman joined the board as a Non-Executive Director in February 2023
  • Implemented an anti-bribery and corruption policy and appropriate procedures to ensure compliance with the UK Bribery Act 2010
  • Established financial controls and reporting procedures

Climate Goals & Targets

Environmental Challenges

  • Rapidly rising interest rates from record lows
  • Inflation putting pressure on household budgets
  • Landlords and tenants re-assessing property aspirations
  • Ineffective succession planning and failure to retain skills
  • Non-supply by a major supplier
  • Further upward pressures on interest rates, utilities, and food placing a strain on tenant affordability
Mitigation Strategies
  • Cautious management of risks to growth strategy
  • Prudent management of cost base
  • Raised additional capital from shareholders
  • Continued development of technology, enhanced marketing capabilities, and signed strategic partner initiatives
  • Monitored employee engagement to identify and address issues
  • Strategic partnerships to prevent over-reliance on any one key supplier
  • Careful supplier selection to minimize risk of supplier failure or insolvency
  • Set up a share option scheme and implemented a performance bonus scheme

Supply Chain Management

Responsible Procurement
  • Careful supplier selection to minimize risk of supplier failure or insolvency

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, SDGs

Awards & Recognition

  • Nominated for an AQUIS Company of the Year award at the Small Cap Awards