Premium Credit is committed to protecting and reducing our impact on the environment. Our Environmental Policy reflects our approach to the Environment.

Our Environmental Policy here:

Our approach
Premium Credit is committed to protect the environment and reduce our impact on it. Managing our greenhouse gas (‘GHG’) emissions is a focus of ‘Our Planet’ strategy. This year we worked with Energise, a Net Zero and Sustainability consultancy, to understand GHG emission sources across all three Scopes and formulate a strategy to accurately measure and build reduction plans.

Our actions and performance
In 2024 we agreed three medium- and longterm targets, shown below:

Sustainable sourcing
We are mindful of the considerable waste generated by collateral for corporate events and the conference market and will continues to work closely with suppliers who are aligned with us on our approach to Sustainability.

Reducing GHG emissions
We aim to reduce our impacts on the environment and have undertaken the following actions in 2024:

• At one of our all-Company Town Halls, we shared what Premium Credit are doing to reduce our impact on the planet and asked colleagues for their feedback. We have implemented or are working on 75% of their ideas
• We launched the ‘Respect Our Planet’ campaign, kicking off with a lunch and learn event, sharing information on reducing energy and saving money at home. We engaged colleagues with competitions, a pledge wall, recycling labels and how to get involved
• Our waste management supplier delivered a learning session on how colleagues can reduce their waste at home and in the office

Reuse, recycling and waste
We strive to minimise the amount of waste we produce by promoting a ‘reduce, re-use and recycle’ approach. In our Leatherhead offices we have reduced our volume of waste by 24% year-on-year.

In addition to recycling, all office furniture and stationery is exchanged between our offices and printing is limited as most of our workforce continues to work remotely. In 2025, we will further improve our recycling waste to have separate bins for glass and food waste.

Climate change
We continue to embed climate-related considerations into our governance and strategy through recommendations set out by the TCFD. A gap analysis was completed against our current position. Although we are not in scope for TCFD or the Corporate Sustainability Reporting Directive (‘CSRD’), we intend to align with these standards. We aim to have our first Climate-related Report ready for 2025.

Our SECR Report can be found in our Annual Report here.