Deloitte in the Channel Islands is the first organisation to join ESI Monitor’s new Net Zero Register, pledging its commitment to achieving net zero emissions.
The new register will list businesses in the Channel Islands that have made public their commitments to achieving net zero emissions. The register has been set up in response to the issue arising from the FC4S mark-down on market participants regarding their commitment to net zero and creates a searchable database to help evidence their pledge.
Guernsey Finance has also committed to a target date of 2025 based on the organisation’s work with ESI.
The Paris Agreement was created with a goal to reduce global warming well below 2 degrees Celsius. To achieve this, governments and organisations have agreed to undertake a rapid reduction of greenhouse gas emissions and allow for a balance between emissions produced and emissions removed from the atmosphere.
Deloitte pledged a commitment to achieving net zero greenhouse gas emissions by 2030 for the firm’s own operations, ahead of the 2050 timeframe set by the Paris Agreement. The firm’s reduction goals have been validated by the Science Based Targets initiative.
Deloitte’s 2030 environmental goals include reducing business travel emissions by 50% per person from 2019 levels, sourcing 100% renewable energy for its offices and converting 100% of its fleet to hybrid and electric vehicles.
In addition to this, the firm has pledged to have two-thirds of its major suppliers adopt science-based targets within five years and invest in meaningful market solutions for emissions that cannot be eliminated.
“We are delighted that Deloitte in the Channel Islands is the first business to register their net zero pledge through our directory. The Guernsey and Jersey operations have developed a key focus on operating environmentally sustainably in their operations and are well positioned to give great client advice that is underpinned by their own behaviour and priorities. We hope that the directory proves to be a convenient reference point for companies and consumers selecting suppliers,” commented Marc Laine, Managing Director of ESI Monitor.
Sally Rochester (shown in main picture), Sustainability Lead for Deloitte in the Channel Islands, told Channel Eye: “Deloitte’s commitment to going net zero by 2030 across the global firm is a matter of great pride for us in the Channel Islands. Our world climate initiative is designed to support our colleagues, our member firms and our local communities in transitioning to net zero in support of the UN Paris Agreement.
“The net zero register hosted by ESI Monitor will enable the islands to demonstrate to those around the world that the business community not only sees the commercial and social opportunity that climate change mitigation brings, but also the importance of acting to reduce their own carbon footprint as well.”
Rupert Pleasant, CEO of Guernsey Finance said: ‘Guernsey Finance is delighted to be working with ESI Monitor on our transition to a low-carbon business and we are pleased that we can support this by listing our commitment to target net zero by 2025. We hope that this will encourage and inspire organisations in Guernsey to report on their carbon emissions and commit to net zero. We see that this initiative will also help consumers to support businesses that are committed to combating climate change.’
You can access the register here: