Our commitment to
the environment

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

The Soldo Carbon Footprint Project

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 Software and Services Limited Group by 2050.

We’re at the start of our net-zero journey. This year, we’re drawing up our plan of how we become carbon neutral. Please revisit us soon to read more about the actions we’ll take. Our dedicated programme team is made up of passionate individuals from across our business, and they’re working hard to kick-start this important work.

Where are we now?

In June 2022, we completed our 2021 footprint measurement. This is our very first report and we’ll use it as our baseline for emissions. From January 2021 to December 2021 our gross emissions were 2,304 tCO₂e. Emissions were concentrated in:

Carbon Footprint Graphics
Carbon Footprint Graphics - Net corporate emissions for Jan-Dec 2021 were 2,994 metric tons of CO₂e
Carbon Footprint Graphics - The GHG Protocol splits emissions into scopes based on the party directly emitting.

What we’re already doing to reduce our emissions

We’ve already started work to minimise our carbon footprint:

  • We’ve introduced completely recyclable packaging for all our cards
  • We actively promote recycling practices within our offices
  • We offer a Cycle to Work scheme for all Soldo UK employees to help make commuting more environmentally friendly

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’ve partnered with Watershed, a software company with significant expertise in building environmental programmes for leading businesses. Watershed is an enterprise climate platform that supports us with the tools and expertise we need to measure, reduce, remove, and report our carbon emissions—getting us to net zero faster. Watershed helps companies manage over 32m metric tonnes of CO2e – more than Denmark’s annual emissions. We’re delighted to be partnering with them.

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[1] and use the appropriate Government emission conversion factors for greenhouse gas company reporting[2].

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[3].

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

 

1. https://ghgprotocol.org/corporate-standard
2. https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting
3. https://ghgprotocol.org/standards/scope-3-standard