Aegon saved approximately 270 tonnes of carbon by using its Unipass Mailock secure email solution, according to Origo and Beyond Encryption.
Origo and Beyond Encryption have developed a calculator to determine the carbon footprint savings associated with its email option, which can be used for securely emailing confidential documents. Aegon was one of the first companies to implement Origo’s solution.
Aegon chief distribution officer Ronnie Taylor says: “This dramatic reduction in the need to print and post important paperwork is one of the key ways that financial services companies can make significant CO2 emission savings by examining their day-to-day operations. Invariably, this will mean digitising processes to create greater efficiency, security and regulatory compliance, discarding legacy ways of working which are inconsistent with net zero targets.”
Origo CEO Anthony Rafferty says: “These carbon savings are just the start. COP26 has increased pressure on financial services companies to cut their CO2 emissions as has the Chancellor’s recent announcement that London Stock Exchange listed companies will need to set down detailed plans as to how they will help Britain reach net zero carbon emissions by 2050.
“Financial services will face increasing pressure to commit to carbon reductions and unipass mailock could be the key to unlocking such reductions.”
Beyond Encryption CEO and founder Paul Holland says: “Tens of thousands of intermediaries are already using the industry solution with increasing institutional adoption. Aegon’s carbon-saving success demonstrates the considerable impact big corporates can have in a short period of time by digitising their communications.”