Clear Group aims for carbon neutrality by 2030

Firm to reduce carbon emissions by almost 1/3

Clear Group aims for carbon neutrality by 2030

Environmental

By Gabriel Olano

The Clear Group has announced that it will take steps to achieve net zero carbon emissions by 2030. According to the company, it will be the first insurance broker to set this commitment through the Science Based Targets Initiative (SBTI).

In a statement, Clear said that, over the past 12 months, it has been collecting and analysing data on its environmental impact and carbon footprint to guide its course of action.

As one of its first steps, Clear will upgrade its IT suite, which will allow the business to reduce the number of IT facilities required. This, the company said, fulfils one of the key carbon net-zero initiatives and will help reduce power consumption across the business.

While business travel has been greatly reduced by the COVID-19 pandemic, the company has instructed its staff to closely monitor their business mileage and flights, which is essential for more accurate reporting of Clear’s carbon emissions.

The Clear Group said that it aims to achieve net zero carbon emissions by 2020 by reducing its carbon footprint by 30% from a 2019 baseline and purchasing carbon credits, which will help finance clean energy projects in emerging countries through Climatecare.

“We have 10 years to achieve a 30% reduction in our emissions, which is ambitious but necessary,” said Dan Innes, director at the Clear Group. “Our first initiatives are just the start of a long and challenging, but absolutely vital, project and we have a great deal more to do in tackling the causes of climate change.”

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