Our commitment to
the environment

Find out more about our carbon action plan and the
changes we’re making to reach net zero.

At Soldo, we have a responsibility to our customers, employees, and the planet. We believe we have a duty to preserve our natural world and lead the way with positive changes. That’s why we’ve established the Soldo Carbon Footprint Project and have committed to net zero emissions for all companies that are part of the Soldo Group by 2050.

We started our net-zero journey in 2022 and have already activated measures to reduce our emissions and will continue to explore ways to becoming carbon neutral through various company initiatives.

Soldo has a dedicated programme team made up of passionate individuals from across our business, and they’re working hard to continue this important task.

Where are we now?

We are in the second year of our programme and in the next phase of reducing our footprint as a business.

Our 2022 operational footprint including Scope 1, Scope 2 and a subset of Scope 3 categories totalled 555.85 t CO₂ and can be seen in the diagram below.

What have we offset already?

  • Our 2021 scope 1 emissions have been removed through investing in reforestation of farmlands in Uganda
  • Our 2022 scope 1 and scope 2 emissions have been removed through investing in a hydropower plant based near Virunga National Park in the eastern part of the Congo to support renewable energy
  • We have also purchased green electricity for the last 2 years through procuring energy attribute certificates

Our next steps

  • Working towards carbon neutrality
  • Conducting an internal travel policy review
  • Organising sustainability initiatives in our offices, as well as employee volunteering days to support carbon-reduction projects in the UK and Italy
  • Expanding our schemes for environmentally friendly commute options

Partnering with the best in the business

To help us deliver on our commitments, we have teamed up with ClimatePartner. With 20 years of experience, their pragmatic, impactful approach is confirmed by over 6,000+ customers. They offer industry specific solutions to implement renewable energy, support us in educating all our team on the important topic of reducing our carbon footprint and guide us in ways of engaging our whole supply chain in our reduction efforts.

Read our PPN 06/21 Carbon
Reduction Plan

Declaration

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard and use the appropriate Government emission conversion factors for greenhouse gas company reporting.

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard.

This Carbon Reduction Plan has been reviewed and signed off by the management team.