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