Published January 2024
Introduction
Etic Lab is committed to addressing the climate crisis by reducing its carbon footprint and fostering sustainable practices within its operations and supply chains. This Decarbonisation Plan outlines a roadmap to achieve net-zero carbon emissions, aligning with global sustainability goals and reinforcing our commitment to ethical and responsible innovation.
Goals and Targets
1. Net-Zero Emissions: Achieve net-zero carbon emissions by 2035.
2. Reduction Milestones:
– 25% reduction in emissions by 2026.
– 50% reduction in emissions by 2030.
– 75% reduction in emissions by 2033.
3. Sustainable Innovation: Integrate sustainability principles into all research, development, and operational activities.
Emissions Baseline
A comprehensive audit will be conducted to establish a baseline for current carbon emissions. This audit will cover:
- Scope 1: Direct emissions from office heating and company-owned vehicles.
- Scope 2: Indirect emissions from purchased electricity.
- Scope 3: Other indirect emissions, including business travel, procurement, waste management, and employee commuting.
Key Strategies for Decarbonisation
1. Energy Efficiency
- Transition to renewable energy sources for office operations.
- Conduct energy audits to identify inefficiencies and implement improvements.
- Upgrade office equipment to energy-efficient models.
2. Sustainable Mobility
- Encourage remote working to reduce commuting-related emissions.
- Transition to electric or hybrid vehicles for company travel.
- Promote cycling, carpooling, and public transportation for employees.
3. Sustainable Procurement
- Prioritise suppliers with robust sustainability credentials.
- Implement a circular economy model for office supplies and equipment.
- Minimise use of single-use plastics and non-recyclable materials.
4. Waste Reduction
- Adopt zero-waste practices in office operations.
- Enhance recycling programmes for paper, electronics, and other materials.
- Minimise food waste through employee awareness campaigns.
5. Digital Decarbonisation
- Optimise digital infrastructure to reduce energy consumption.
- Host services with green data centres.
- Develop low-carbon digital products and services.
6. Carbon Offsetting
- Partner with accredited carbon offset programmes.
- Invest in local reforestation and habitat restoration projects.
- Support community-based renewable energy projects.
Monitoring and Reporting
- Annual Reporting: Publish annual progress reports detailing emissions reductions and sustainability initiatives.
- Key Performance Indicators (KPIs):
– Reduction in energy consumption (kWh/year).
– Percentage of renewable energy use.
– Decrease in business travel emissions.
- Third-Party Audits: Engage external auditors to validate progress and identify opportunities for improvement.
Engagement and Collaboration
1. Employee Engagement
- Conduct regular sustainability training for employees.
- Create a Green Team to champion decarbonisation efforts.
2. Client Collaboration
- Encourage clients to adopt sustainable practices.
- Develop collaborative projects focused on sustainability and decarbonisation.
3. Community Involvement
- Support local environmental initiatives.
- Share knowledge and resources with community groups and businesses.
YEAR | KEY MILESTONES |
2024 | Establish emissions baseline and audit processes. |
2025 | Transition to 50% renewable energy in operations. |
2026 | Achieve 25% reduction in emissions. |
2030 | Achieve 50% reduction in emissions. |
2033 | Achieve 75% reduction in emissions. |
2035 | Achieve net-zero emissions. |