
Our medium term objective, set in 2005, has been to reduce carbon dioxide (CO2) emissions per employee. Our overall impact on climate change has been reduced in 2008 despite the addition of our London office to the occupied property portfolio. This has been achieved through reductions in all forms of business travel, resulting from a reduced headcount and the introduction of our Greener Travel Policy, and changes to working patterns
Bureau Veritas, our designated consultants, have advised us to change reporting methods for carbon dioxide in preparation for the UK Government’s Carbon Reduction Commitment. In this report, 2008’s electricity and gas conversion rates have been brought in line with DEFRA’s revised natural gas and grid “ electricity rates. This has increased our conversion rates for carbon dioxide (around 9% for gas, and 25% for electricity).
In 2008, we introduced a car sharing business rate which pays 5p more per mile for people car sharing whilst on business. Our employees claimed 181,458 shared business miles during 2008 with over 17% of our employees using the scheme in its first six months.
On environment, Legal & General Group is an industry leader in environmental certification and discloses quantitative targets to reduce its carbon dioxide emissions.”
Triodos Bank
