Our employee-led Environmental Advisory Group (EAG) focuses on identifying, measuring and reducing the major environmental impacts resulting from our business activities, internally and in the wider community. These major impacts consist of travel, waste and usage of energy, water and raw materials.
Columbia Threadneedle recognises the importance of environmental stewardship and maintains an Environmental Management System (EMS) to ensure measurable and auditable data is accurately maintained for all of our major environmental impacts. Some of the key EMS achievements in 2017 were the successful delivery of waste management and world environment day staff engagement campaigns, supply chain and life cycle assessments and a reduction in paper usage. Through the hard work of our EAG Team our EMS has been audited against the new ISO14001:2015 standard and we are awaiting confirmation that we have met all of the requirements.
In addition to the EMS, we submitted data and information for our carbon management processes and were successful in meeting the requirements of the Carbon Trust Standard. Not only did we attain recertification to the Standard, but achieved best in our sector for a 10.9% absolute reduction on our carbon footprint from 2013 to 2016. In 2017, we have seen a further improvement in a 19% decrease in our carbon footprint, which can be seen in the graph below.
Columbia Threadneedle carbon emissions 2013 – 2017
Travel data includes all UK employees Energy data is for Cannon Place London.
In 2018, the EAG has set some challenging new EMS objectives and targets, including further reductions in business travel, utility usage and refuse generation, and engagement with our broader supply chain to explore environmental efficiencies.