Carbon Neutral Certification

We are proud to announce that we have achieved a CarbonNeutral^®company certification from Climate Impact Partners in accordance with The CarbonNeutral Protocol. In 2022, we reduced and offset our Scope 1, Scope 2, and selected Scope 3 emissions¹, including business travel and purchased goods and services.

Process Overview

Emissions

Reductions

Offsets

Neutrality

We engaged a third party advisory firm to conduct a comprehensive measurement of our firm-wide GHG emissions covering Scope 1, 2 and 3, using both location and market based methods. We then identified a series of carbon reduction initiatives across our global offices, including leveraging energy efficient utilities and improving global recycling practices. To offset the unreducible portion of the firm’s footprint, we provided financing to a portfolio of three sustainable development projects across multiple countries, all of which are verified to ICROA-approved standards.

Sustainable Projects

Industrial process emissions reductions project

The Darkwoods Forest Conservation Project

The project protects 150,000+ acres of private Boreal forest from subdivision, high impact logging and other environmental threats. It also leverages carbon finance to conserve critical ecosystems and carbon sequestration areas at an unprecedented scale.

The Industrial Process Emissions Reductions Project

The project supports small and medium sized manufacturers and construction contractors to transition to using low global warming potential foam propellants. By avoiding spray foams with hydrofluorocarbons (HFCs), these industrial efficiency projects can prevent extremely potent greenhouse gasses from reaching the atmosphere.

The Renewable Energy Portfolio Project

This combination of projects from around the globe is vital to reducing greenhouse gas emissions as a result of the growing global demand for energy and to helping build sustainable infrastructure.

About CarbonNeutral^® Certification

CarbonNeutral^® certification was created and is managed by Climate Impact Partners. It was the first clear set of guidelines for businesses to achieve carbon neutrality back in 2002, and every year since then Climate Impact Partners has continued its commitment to providing a robust framework for clear, transparent and high-quality carbon neutral action. The CarbonNeutral Protocol is a publicly available document that sets out the requirements for companies to achieve CarbonNeutral^® certification. It is updated annually with input from an Advisory Council of external experts to ensure it reflects the latest industry and scientific best practice.

¹ Scope 3 emissions excludes category 15 investment emissions

Offset purchase equivalents are calculated using the EPA Greenhouse Gas Equivalencies Calculator