Broadstone has surpassed its sustainability target by saving over 17 tonnes of CO2 emissions through energy efficiencies and donating outdated IT equipment to the Turing Trust for educational use in developing countries, according its 2024/25 Sustainability Policy update.
Additionally, Broadstone’s carbon reduction plans, which seek to cut Scope 1 greenhouse gas emissions in half by 2032 and source all of its electricity from renewable sources by 2030, were approved by the Science-Based Target initiative (SBTi).
The organisation changed its HR procedures to adhere to ESG guidelines, which included lowering its default fund’s carbon footprint by 50 per cent and moving to a pension provider with a Net Zero goal.
Other significant results highlighted in the report include a 6 per cent reduction in the gender pay gap and a 12.8 per cent increase in the presence of minority groups in the workforce.
Broadstone noted diversity gains through programmes like membership in Race Equality Matters and Neurodiversity in Business, even if the goal of a 50 per cent female workforce, currently at 46 per cent, was not reached.
The company introduced a 43-partner mentoring scheme and the “Next Steps” programme to support career development and inclusion.
Tony Gusmao, CEO of Broadstone, said: “This is Broadstone’s third Sustainability Policy, highlighting our belief that long-term success is built on more than just financial performance. Last year, we set a range of ambitious goals to improve sustainability and we are delighted to have accomplished the majority of them. We are particularly proud of our commitment to reducing carbon emissions, by agreeing stringent targets with the SBTi.”
