StudioXAG
Climate Impact & Sustainability Data (2022, 2022-2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:590 tCO2e
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Governance
Environmental Achievements
- Developed XAGzero, a carbon tracking tool, to measure and offset carbon footprint of projects.
- Offset 284 tCO2 through various projects.
- Achieved Science Based Targets Initiative certification for emissions reduction target aligned with the Paris Agreement.
Social Achievements
- Partnered with Choose Love charity, designing and building their Christmas store.
- Launched a fundraising Christmas campaign for Choose Love.
- Organized various community events (charity run, clothes swap, wellness walk, fundraiser party), raising £1,780 for Mind.
Governance Achievements
- Became a Certified B Corporation in August 2022.
- Implemented COGS (Company Objectives and Goals) program for employee-led goal setting.
Climate Goals & Targets
Medium-term Goals:
- Net Zero by 2035
Environmental Challenges
- The throwaway nature of the retail industry.
Mitigation Strategies
- Developing strategies to tackle industry challenges, from realistic to radical approaches.
- Integrating sustainability into creativity from strategy to design and production.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: B Corp
Certifications: B Corp, Science Based Targets initiative (SBTi)
Sustainable Products & Innovation
- XAGzero carbon data insight tool
Reporting Period: 2022-2023
Environmental Metrics
Total Carbon Emissions:590 tCO2e
ESG Focus Areas
- Climate Change
- Social Impact
- Governance
Environmental Achievements
- Launched XAGzero, a carbon tracking tool, to measure and offset the carbon footprint of projects. Offset 284 tCO2 alongside collaborators.
- Achieved Science Based Targets Initiative certification for a target to lower global emissions well below 2°C.
Social Achievements
- Became a certified B Corporation with an 83 score.
- Partnered with Choose Love, designing and building their 6th annual Christmas store, and donating £3,000 and additional items.
- Organized various community events, including a charity run raising £1,780 for Mind.
Governance Achievements
- Implemented a transparent approach to finances and values through the COGS program (Company Objectives and Goals) since 2019.
Climate Goals & Targets
Medium-term Goals:
- Net Zero by 2035
Environmental Challenges
- The throwaway nature of the retail industry remains a challenge.
Mitigation Strategies
- Developing strategies to tackle industry challenges, from realistic to radical approaches.
- Integrating sustainability into creativity from strategy to design, production, and beyond.
- Partnering with Inhabit for independent emissions measurement and guidance towards Net Zero by 2035.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: B Corp
Certifications: B Corp, Science Based Targets initiative