Impact
Demonstrating our commitment to a more sustainable future.
Leading by example
As an ESG services provider to businesses, we aim to lead by example. We are proud to share our progress on ESG and net-zero, demonstrating our commitment to a more sustainable future.
Our commitment
Since 2020, we have achieved carbon neutrality through offsets for Scope 1, 2, and operational Scope 3 emissions.
By 2030, we are aiming to achieve net-zero emissions for Scope 1 and 2. Inspired has committed to achieving net-zero for Scope 1, 2, and 3 by 2050.
In 2022, we submitted our targets to the Science-based Targets initiative (SBTi), by providing our letter of intent to the organisation.
In 2021, we set ourselves a target of purchasing electricity from 100% renewable sources and achieved this.
We are reviewing our office estate and rationalising to locations that have the potential to deliver absolute net-zero carbon on a location basis.
We are also working to prepare and implement required actions for the emerging ESG disclosures mandates in the UK and Ireland.
We are aiming to reduce our water usage by 25% by 2025. We installed metering equipment in 2021 to allow for measurement and accurate reporting.
By 2025 we aim to reduce paper usage by 50%, recycle 90% of paper waste, and replace or remove single-use plastic. We have already implemented DocuSign or equivalent across the business to reduce printing to reduce our paper use. We are in the process of collecting complete waste stream data and establishing how best to measure our recycling activity.
We are currently working with our suppliers to better understand their emissions and improve our data collection. This will allow us to reduce our Scope 3 emissions, a key step on our path to net-zero.
We are also improving our business processes to allow better management of supply chain, waste management and water management to allow an acceleration in delivering net‑zero carbon.
Inspired commits that 50% of its suppliers by spend, covering purchased goods and services, will have science-based targets by 2029.
Streamlined Energy and Carbon Reporting (SECR)
Streamlined Energy and Carbon Reporting (SECR)A Streamlined Energy and Carbon Reporting (SECR) disclosure which outlines our energy use, Scope 1 and 2 carbon emissions and carbon intensity, as well as how we are improving energy efficiency within the business.
Task Force on Climate-Related Financial Disclosures (TCFD)
Task Force on Climate-Related Financial Disclosures (TCFD) A voluntary Task Force on Climate-Related Financial Disclosures (TCFD) report which explains our assessment of climate-related risks and opportunities for Inspired and our strategic response to climate change.
Voluntary ESG Report
Voluntary ESG Report A voluntary ESG report, which is guided by the Global Reporting Initiative (GRI) standards, provides detailed information on the topics of economic and strategy, environment, governance and social.
Gender Pay Gap Report
Gender Pay Gap ReportA gender pay gap report detailing the gender pay differences across the business as a whole and within each level of the company.
PPN 06/21 Carbon Reduction Plan
PPN 06/21 Carbon Reduction PlanOur reduction plan presented in response to the Procurement Policy Note (PPN) 06/21 and demonstrates our progress towards building a robust carbon reduction programme.
Understanding our ESG reports and disclosures
Our ESG strategy is informed by both mandatory and voluntary ESG disclosures (see above for our latest publications).
Here you will find a useful, high-level summary of what each report contains.
You can view all our ESG reports and disclosures here.
This report explains our assessment of climate-related risks and opportunities for Inspired and our strategic response to climate change.
SECR outlines our energy use, Scope 1, 2 and partial 3 (grey fleet) carbon emissions and carbon intensity, as well as how we are improving energy efficiency within the business.
This disclosure outlines how we are managing our environmental impacts and climate-related risks and opportunities. We achieved a climate change scoring of “B” for 2023.
Our voluntary ESG report is aligned with the Global Reporting Initiative (GRI) standards and provides detailed information on the topics of economic and strategy, environment, governance
and social.
This report details the gender pay differences across the
business as a whole and within each level of the company.
“As the leading utility and sustainability company in the UK, Inspired is continually working towards our own climate commitments as well as supporting our clients with theirs.”
Mark Dickinson, Chief Executive Officer
Our ESG performance
We revised our Scope 1 & 2 net-zero emissions target from 2035 to 2030 based on our 2019 baseline. We modelled our decarbonisation trajectory in alignment with a 1.5°C warming pathway and submitted our near-term and net-zero targets to the Science-Based Targets Initiative for validation.
One of the essential components of our decarbonisation plan is to make our new head office in Kirkham a net-zero building for Scope 1 & 2 emissions. Although our water and waste usage is low at our offices, we have made progress on our reduction plan.
We publish our TCFD and GRI reports annually and we signed the Taskforce on Nature-Related Financial Disclosures (TNFD) pledge in early January 2024.
Our electric vehicle employee benefit scheme experienced a noticeable surge in participation during the year, contributing to a reduction in our Scope 3 emissions.
ESG Action Committee
Our ESG Action Committee consists of representatives from all areas of the business and is responsible for the day-to-day actions which will move us towards our long-term ESG goals, including our net-zero targets to mitigate against climate-related risks. The committee meet several times each year, reporting the outcomes to both senior management and Board after each meeting.
ESG memberships and partnerships
Currently, we have the following ESG-related memberships and partnerships:
Principles for Responsible Investment (PRI)
We are a service provider signatory as we advise asset owners and investment managers on ESG topics and support them in submitting PRI reports.
Global Reporting Initiative (GRI)
We are a member of the GRI Community and support its mission to empower decision makers everywhere, through GRI Sustainability Reporting Standards and its multi-stakeholder network, to take action towards a more sustainable economy and world.
Global Real Estate Sustainability Benchmark (GRESB)
We are a Data and Premier Partner as we help clients report asset data directly to the GRESB Portal.
Disability Confident Employer
is a movement of change, encouraging employers to think differently about disability and take action to improve how they recruit, retain and develop disabled people.
UK Business Council for Sustainable Development (UKBCSD)
We became a member of the UKBCSD in 2021. It aims to lead sustainable business growth, supporting technological innovation and advocating for the role of sustainable development.
Social Value UK and Social Value International
in 2022, we have become members of these organisations which change the way the world accounts for value by including environmental and social factors.
Mental Health at work commitment
is a commitment to implementing each of the standards including ideas and tools to get organisations started.
Social Mobility Pledge
encourages organisations to being a force for good by putting social mobility at the heart of their purpose.
The Global Business Collaboration for Better Workplace Mental Health Pledge is an initiative that seeks to advance progress by committing senior leaders to a Pledge to create mentally healthy workplaces.
Get in touch
If you would like to know more about how Inspired can help your organisation, please get in touch.