Tackling Climate Change From Within
The urgent need for climate action
Despite the Paris Agreement's efforts, not enough action has been taken to meet the set targets, and the world is currently on track to overshoot its 1.5oc goal as global emissions continue to rise. Companies have a crucial role to play in preventing further climate change damage. At Kent, we recognise the impact of our actions, and we are taking a decisive stance. Our dedication to tackling climate change starts from within.
Our science-led net-zero plans
We recognise the role we play in limiting further global temperature change. We’re partnering with our clients to reduce their emissions and looking internally to reduce the emissions from our operations in every way possible.
In order to make our reduction plans credible and deliver the desired impact of contributing to the Paris Agreement, we are aligning our carbon reduction plans to the Science Based Targets Initiative (SBTi) Net Zero Standard.
Tackling climate change from within
Led by Emma Scott, our VP of Sustainability, we’ve looked within to create bold but credible science-led net-zero plans that focus on rapid, deep and achievable emission cuts for us, our suppliers and our employees.
We've adopted a near-term science-based target in line with a 1.5oc temperature change trajectory on our journey to net zero Our efforts will be focused on achieving a 30% reduction in scope 1 & 2 emissions by 2027, based on a 2022 baseline. In 2023, we have reduced our scope 1 and 2 emissions by 15%. In addition, we have also established our scope 3 baseline, which will be used to set a near-term reduction target. In line with SBTi Net Zero Standard, we will only consider the use of offsets when we have nothing other than residual emissions remaining (less than 10% of our baseline) instead we will focus on real emissions reduction.
We have began aligning our reporting to the IFRS Sustainability Disclosure Standards, by reviewing our disclosures against the requirements of IFRS S2. We have some work to do to reach full compliance and will work to continually improve this. By implementing these disclosures, we will provide accurate and reliable data on how we manage climate-related risks and opportunities, enabling our stakeholders to make informed and comparable decisions.
We believe that climate action starts with us, and we will continue to strive towards developing innovative solutions and making sustainable investments to reduce our carbon emissions and help achieve our net-zero goals.
Our carbon emissions reduction plan
We’ve looked within to create bold but credible science-led net-zero plans that focus on rapid, deep, and achievable emission cuts for us, our suppliers, and our employees. Throughout 2022, we worked to establish our scope 1 and 2 emissions baselines. In 2023, we reduced our scope 1 and 2 emissions by 15% and established our scope 3 baseline, which is being used to set a near-term reduction target. As of 2023, this is how our emissions look.
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