Arteva Funding commits to becoming carbon neutral

Partnership helps measure, reduce, and offset emissions

Arteva Funding commits to becoming carbon neutral

Insurance News

By Roxanne Libatique

Independent premium finance company Arteva Funding (Arteva) has committed to becoming carbon neutral by teaming up with Trace, earning its carbon neutral certification.

Trace helps businesses start their journey to net zero by enabling them to measure, reduce, and offset their emissions and then share their story to amplify the impact.

With Trace’s assistance, Arteva underwent a rigorous data collection process to accurately measure its carbon emissions for the 2021-22 financial year, identify ways to reduce its footprint, and offset the emissions it could not reduce through certified carbon credits and tree planting.

“We’re proud to be a carbon-neutral business and send a clear message that we’re committed to sustainability, innovation, and industry leadership. With growing concern among our own people and the communities we operate within around sustainability, we are continuing work this year to identify further areas where we can reduce our carbon footprint and become a more socially responsible business,” Arteva CEO Daniel Gronert said.

Arteva’s environmental goals for 2023

This year, Arteva will not distribute any promotional items in the events it will attend. Instead, it will donate some of the funds it would usually spend on promotional items to its corporate charity partners.

“Although we have always loved to see our broker partners using our promo items, we recognise the environmental impact the creation and distribution of the promo items has and believe the funds spent on these materials could be better utilised by supporting our charity partners,” Gronert said.

“Our team and technology add more value to our broking relationships than a branded item ever could, and [we] believe our partners will be supportive of this decision to ultimately create better outcomes for all.”

With Arteva scheduled to attend several industry events beginning in February, the Arteva team aims to discuss its new carbon neutral certification and overarching ESG approach with the broking community.


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