Premium Credit is committed to protecting and reducing our impact on the environment. In 2023 we introduced a new Environmental Policy.
Our Environmental Policy here:
Our strategic focus involves reducing our carbon emissions through improvements to energy efficiency in our operations and business travel, promoting recycling, and reducing the waste we send to landfill.
Reducing greenhouse gas emissions
We actively manage our consumption of resources to improve efficiency, measure, and take action to reduce our carbon footprint caused by our business activities. We are working with suppliers to help us reduce the waste generated from our own operations and incorporate re-use and recycling to avoid landfill.
Reducing emissions linked to our business travel remains a focus for 2024. Our fleet of company vehicles is currently 58% electric.
As we move into 2024, we will assess our carbon footprint to ensure we are capturing all the necessary data. This will enable us to set a baseline for reductions.
Climate change
We recognise climate change is a significant global challenge that affects our colleagues, our customers, suppliers, and our business. Our aim is to continually embed climate-related considerations into our governance and strategy through recommendations set out by the Taskforce on Climate related Financial Disclosures (TCFD).
Sustainable sourcing
Our aim is to consider environmental impact in the procurement of goods and services. Suppliers are requested to complete a due diligence questionnaire which, includes sustainability best practices. In the next year, we seek to include in-depth sustainability disclosure requirements..
Read more in the 2023 Premium Credit Environmental Policy Statement