2024 sustainability report summary
In our 2024 Sustainability Report we share our progress and work done so far to achieve our ESG goals. Our results are summarised on this page, or you can download the full report below.
Our commitment to the environment
At Colt Group, ESG by design runs through everything we do, making sustainability a core element of our business model and decision-making processes. It shapes how we develop and provide our products and services and handle our impact on the environment. This commitment is not limited to our own operations – we work across our value chain to create a more sustainable future, supporting our suppliers and customers to improve their ESG performance.
*Colt has formally engaged with the SBTi to integrate the activities of Lumen EMEA into its SBTs
47%
Scope 1+2, absolute reduction from 2019 baseline by 2030
28%
Scope 3, absolute reduction from 2019 baseline by 2030
90%
Scope 1, 2 + 3, absolute reduction from 2019 baseline by 2045
35% Fewer emissions than our baseline year
Scope 1: Direct GHG emissions from our company's operations under our operational control, including on-side combustion activities.
Scope 2: Indirect emissions from the generation of purchased electricity for our own use.
Scope 3: Other indirect value chain emissions rising from our activities, incl. the production of purchased materials, services + capital goods.
Our Scope 3 emissions have decreased 31% against our baseline year
Colt Group Scope 3 emissions (tCO2e)*
311,643
2022
374,463
2023
341,814
2024
Supporting our workforce
To further promote gender equality within Colt Group, we became a signatory of the United Nations Global Compact's Women Empowerment Principles in April 2024. We also joined the UN Global Compact's Target Gender Accelerator Programme and benchmarked our gender action plan using the Women Empowerment Principles Gap Analysis Tool.
Colt has established gender diversity targets. By 2030, we aim for women to hold 38% of all positions and 28% of senior roles.
Throughout 2024, we elevated our efforts to better support our neurodivergent colleagues through our Neuroinclusion Programme, a comprehensive initiative aimed at enhancing neurodiversity awareness, training and providing support tools.
Driving social impact
Our Global Social Impact Strategy focuses on digital inclusion through the development of digital skills and STEM education for disadvantaged children and youth, as well as other underrepresented groups.
564,940
donated to 67 charities in 2024 (up 113.8%)
1033.5
days volunteered in 2024 (19.2% increase)
The extraordinary everyday.
By tackling the complexities and frustrations of the everyday, we take away the grind - making room for the extraordinary.
