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PARSEQ unveils new sustainability plan

We have launched a new sustainability plan to help us reduce our impact on the environment and become ‘carbon positive’ by the end of 2022.

In January, Parseq became carbon neutral for its energy use, company vehicles, flights and waste streams. We achieved this by undertaking a comprehensive carbon assessment and offsetting programme with our partners at environmental consultancy Ecologi.

We are now working with Ecologi to extend our offsetting activity to become ‘carbon positive’ this year.

This means we will not only offset all of the carbon we produce as a company but also fund additional offsets to create a positive contribution to reducing net atmospheric carbon. We are also offsetting all the carbon our employees produce in their day-to-day lives – enabling a carbon positive workforce.

In addition to offsetting reductions, we are developing a roadmap to actively reduce the impact of our activity on the environment.

We are currently collaborating with a team of sustainability and environmental auditors to assess our environmental footprint across everything from our supply chains to raw materials, operations, energy, transportation and waste management.

Once complete, this will inform a new detailed plan that sets out how we will reduce our environmental impact over the next five years.

Craig Naylor-Smith, CEO, said: “At Parseq, we have long been committed to making a positive impact in our communities. Improving our sustainability is a key part of that.

“This new strategy will help us offset beyond the emissions of our operations and our workforce. But we recognise that offsetting is just part of the puzzle – it’s critical we also actively reduce and improve our wider environmental footprint.

“Through our work with the environmental auditors we’ll devise a clear plan, with concrete steps, and pledge to significantly reduce our impact in these areas by the end of 2028.”

Our offsetting work with Ecologi funds the planting of native and diverse trees in Madagascar, Mozambique, Nicaragua, Kenya and Uganda, alongside climate projects, including renewable energy generation, forest protection and community initiatives aimed at outcomes such as improving access to clean water.

Supported projects are certified at the highest level, including the Gold Standard – an industry-leading certification programme used to verify carbon offset projects – and the Verified Carbon Standard (VCS).

For more information on what we’re doing to make a positive contribution to our planet and community, read our full brochure here.

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