Sustainable Foundations
The Sustainable Foundations pillar of our Sustainable Discoveries action plan focuses on the key issues we need to address to achieve our sustainability goal. This includes accountability for the delivery of the plan, engaging and training colleagues on sustainability issues and ensuring we are monitoring and reporting on progress.
A Net Zero ICR by 2040
The ICR is committed to reducing its carbon footprint to net zero by 2040. This means we will reduce our emissions by at least 90% by this point.
To do so, we will set and implement a decarbonisation plan that will be reviewed and updated on a yearly basis.
When we talk about carbon footprints, emissions fall into 3 main areas:
- Scope 1 – emissions from combustion of gas in heating boilers, emissions from burning fuel for back-up generators, leakage of cooling system refrigerant gases and emissions from our own vehicles
- Scope 2 – emissions associated with the consumption of purchased electricity from the national grid
- Scope 3 – our wider value chain including emissions from procurement, waste management, commuting, business travel (this is by far the main source of emissions)