Carbon footprint
Coller Capital first achieved carbon neutral status, through reduction initiatives and purchased offsets, as a firm in 2019 (for year-end 2018 operational carbon emissions). We have retained this annual status to date.
As in previous years, the firm’s operational footprint (including emissions data for Scope 1, 2 and 3 activities) was independently measured for the 2023 calendar year and subsequently offset.
Our data for 2024, while yet to be finalised, currently suggests an increase in emissions from the prior year. We understand the reason behind this increase is the continued recovery of travel since Covid-19 and the expansion of employees and offices in the firm over this period.
In addition to our carbon reduction initiatives, we offset our emissions through a certified carbon offset programme, typically involving exposure to forest protection/conservation or restoration and re-forestry.
Total net emissions of 4,571 tonnes of CO2e were offset to maintain our firm-level carbon neutral status for 2023, through a forest protection project in Brazil and a solar project in Morocco, verified by the Verified Carbon Standard (VCS), Climate Community & Biodiversity Standards (CCBS) and Sustainable Development Verified Impact Standard (SCVista).
The UN’s Sustainable Development Goals recognised by these frameworks are shown below.
We continue to assess ways in which we can reduce our firm’s carbon footprint across our offices, aiming to minimise residual emissions. To support these efforts, we are working with independent sustainability consultants.
