Climate Change Data

Sarasin & Partners LLP

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:279 tCO2e (2022)
Scope 1 Emissions:24 tCO2e (2022)
Scope 3 Emissions:255 tCO2e (2022)
Renewable Energy Share:100% (electricity)

ESG Focus Areas

  • Climate Change
  • Diversity and Inclusion
  • Stewardship
  • Community Engagement

Environmental Achievements

  • Achieved net-zero emissions for business operations (scopes 1 & 2, and scope 3 business travel) through renewable energy and carbon offsets.
  • Reduced absolute emissions from air travel by 50% compared to 2019 (target by 2035).

Social Achievements

  • Established a Diversity and Inclusion (D&I) Taskforce and implemented various initiatives.
  • Set gender diversity targets: 30% female representation at senior management level and 50% female representation across the workforce by 2030.
  • Raised £38,000 for charity in 2022.
  • Offered two days of volunteering leave per employee annually.

Governance Achievements

  • Established a Corporate Responsibility Committee to oversee ESG policies and processes.
  • Engaged with investee companies on climate change and diversity.
  • Aligned operations with a 1.5°C pathway in line with the Paris Agreement.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions for business operations (already achieved for scopes 1 & 2 and scope 3 business travel).
Medium-term Goals:
  • Reduce absolute emissions from air travel by 50% compared to 2019 by 2035.
Short-term Goals:
  • Expand carbon footprint to cover scope 3 emissions wherever possible.
  • Reduce reliance on carbon offsets.

Environmental Challenges

  • Data availability for comprehensive scope 3 emissions tracking.
  • Lack of viable zero-carbon airline options.
  • Complexity in measuring staff commuting emissions.
Mitigation Strategies
  • Engaging with travel management company and using enhanced carbon reporting platform to track hotel bookings emissions.
  • Developing a plan for engaging with suppliers to align them with climate commitments.
  • Monitoring industry developments for standard calculation methods for commuting emissions.
  • Exploring an internal carbon trading scheme with rolling-year reductions.

Supply Chain Management

Supplier Audits: Initial review of top suppliers (by value of spend) in 2021

Responsible Procurement
  • Developing a plan for engaging with suppliers to ensure alignment with wider climate commitments

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, UN PRI (A+ rating for Strategy and Governance), UK Stewardship Code