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Broadstone launches corporate carbon footprint service

by Emma Simon
May 21, 2024
ESG
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Broadstone has launched a new carbon footprinting service to enable businesses to accurately measure, manage and monitor their corporate sustainability progress in line with increasing regulatory requirements.

The service will be led by Deon Dreyer who joined Broadstone in 2024 after leading Ortec Finance’s UK business and their Climate and ESG solution – growing the business to be one of the industry leaders in the climate risk space.

Measuring a carbon footprint is a method of quantifying the total greenhouse gas emissions and involves It collecting data on energy use, transportation and other relevant factors. Broadstone says its new service will help businesses navigate their sustainability journey by focusing on three key tasks:

  • Measure emissions by means of a carbon footprinting exercise
  • Manage and set reduction targets via a carbon management plan
  • Monitor this over time to see trends and quantify progress.

The UK Government has made a commitment to achieving net zero by 2050, reducing GHG emissions by at least 100 per cent of 1990 levels).

Investment director Deon Dreyer says: “Environmentally sustainable economic growth is both a business imperative and critical to safeguarding the UK’s future. This awareness is driving an increasing focus on how corporates can develop practises that are good for business, good for people and good for the environment.

“This innovative service will be a key part of Broadstone’s developing, tech-led sustainability platform for employers, trustees and asset owners. We aim to help stakeholders quantify their greenhouse gas emissions and model the impact of climate risk to drive tangible change and long-term growth.

“Our ambition is to become the leader in our market segment in climate related solutions for corporates, trustees and asset owners, offering appropriately priced solutions without compromising on quality.”

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