As an industry and as individuals, we are responsible for addressing climate change and making the world a better place. Our impact and our potential cannot be understated and it’s why sustainability is a key pillar of our strategy. We’ve already been working on this for several years, so I’m incredibly proud to present our first Sustainability Report as a culmination and recognition of our efforts.'
Planning for the future
What we’re doing to help build a sustainable future
We’re proud to offer our employees opportunities to be sustainable at work. Our ‘Green Team’ initiative was started by a passionate group of employees in the UK in 2019. In 2021 it was rolled out globally, allowing employees in all countries to share their passion for the environment and work together to drive environmental engagement on a local level. Environmental Awareness training is mandatory for our employees globally ensuring that we are united in our vision of a greener Colt.
Colt is proud to spotlight employees who are pioneers for sustainability. Our Recycling Heroes series highlighted employees around the globe who are making an impact on their local communities. Our CEO proudly made the health of our planet one of her core beliefs in the workplace, offering a special CEO Award to two Sustainability Champions. We celebrated Earth Day 2021 with two exceptional webinars featuring sustainability experts remotely from Japan and New Zealand.
Our laptop replacement program removes outdated assets from the business but we are extending the life of them by sending to local schools – this also has a broader impact in Corporate Social Responsibility and digital inclusion.
The new devices contain 65% post-consumer recycled material as well as being more energy efficient, delivered in boxes made from 75% recycled fibres and bamboo – this again means that we are extending the life of key materials and reducing the need for virgin resources which ties into the circular economy model.
Ambitious Science Based Targets
What are Greenhouse Gas Emissions and the different Scopes?
How will we achieve our Science Based Targets?
0%renewable electricity for all sites globally by 2023
0%of supply chain emissions aligned to 1.5C SBT by 2025
0%electric vehicles in company fleet by 2025 and 75% by 2030
0%switch to renewable gas by 2030
What are Colt’s baseline emissions?
Our 2030 aims
Scope 1 and Scope 2
How will we reduce Scope 3 emissions?
We are already in the decade which will define the global response to the ever-increasing threat of climate change. It is important to Colt that we set robust, long term targets firmly rooted in science to enable us to help mitigate the risk this has to humanity and the planet. The Science-Based Targets Initiative is recognised globally as the best authority in this space.
The long-term nature of science-based targets ensures that we have a clear direction for our business as well as shifting our focus towards the development of innovative solutions and new opportunities to support the transition to a low carbon economy. We also want to build in resilience to our operations by moving beyond current regulation.
This is the future of business and our customers can rest assured that by working with Colt, we will not have a significant impact on their carbon footprint as we work hard to drive down emissions across our entire value chain. We must all act together for the greater good of our planet.
Adopted in 2015, the Paris Agreement is the first-ever legally-binding climate change agreement.
It sets out a global framework to avoid dangerous climate change. Countries who signed this agreement pledged to limit global warming to well below 2 degrees, and to aim to limit the increase to 1.5 degrees as this lower temperature increase will significantly reduce the risks and impacts of climate change.