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Low-carbon economy

We are conscious of the impact of climate change on our stakeholders and business.

We are committed to limiting and reducing the direct and indirect impact of our operations, products and services, and want to act as the catalyst for funding innovation and support the transition towards a low carbon economy.

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Operational management priorities

Clear emission reduction pathway

  • -30% operational GHG emissions by 2030 (vs 2018)
  • 100% electricity from renewable sources by 2025

Maintaining carbon neutrality

  • Carbon neutrality across operational scope 1, 2 and 3 emissions through a balanced portfolio of certified carbon offsets

Net-zero operational emissions by 2030

  • Shift from offsetting operational GHG emissions towards active carbon removal

Facts and figures at a glance 

For more information and data, please refer to our Corporate Responsibility Report 

Total Group GHG Emissions
(in tco2e)imagex4a9.png

Greenhouse gas emissions are presented as extrapolated, market-based and in tonnes of carbon dioxide equivalent (tco2e)

Total Group Reported GHG EMissions

Total group reported market-based greenhouse gas emissions

Total energY(in MWH)imageis219.png

From premise use

Internal carbon pricing

By introducing our own internal carbon price (ICP), we place a monetary value on greenhouse gas emissions and aim to influence employee behaviour to limit them.

The ICP generates a financial support stream, to develop further small-scale carbon-reduction opportunities.

Greenhouse gas emissions data tables

Greenhouse gas emissions 2020 breakdown
Greenhouse gas emissions in tCO2e 2020
Direct emissions
(Scope 1) 




Natural gas 127.92
Biogas 0.84
Other fuel 33.52
Owned vehicles 175.18
  Fugitive emissions & refrigerant gas 0
Total Scope 1 337.46
Indirect emissions (Scope 2) Electricity (location-based) 2,585.92
Electricity (market-based) 989.62
Heat consumption 262.28
Total Scope 2 (Location-based) 2,848.20
Total Scope 2 (Market-based) 1,251.90
Indirect emissions from Travel (Scope 3) Flights 4,004.67
Rail  41.59

Taxis

 139.53
Hotel stays  85.52
Total Emissions – Travel 4,271.32
Other emissions (Scope 3) Couriers 28.94
Materials 98.77
Recycling & disposal 18.33
Remote working 1,299.71
Water 27.53
Leased vehicles 224.08
IT equipment and server use (location-based) 1,083.35
IT equipment and server use (market-based) 1,077.72
Electricity Transmission and Distribution Losses (location-based) 249.36
Electricity Transmission and Distribution Losses (market-based) 230.15
Upstream emissions (location-based) 1,129.88
Upstream emissions (market-based) 1,098.11
Total emissions – Other (location-based) 4,159.96 
Total emissions – Other (market-based) 4,103.34 
Total Scope 3 (location-based) 8,431.27 
Total Scope 3 (market-based) 8,374.66 
     
Total Scope 1, 2 & 3 (location-based) 11,616.93 
Total Scope 1, 2 & 3 (market-based) 9,964.01 

 

 

 

 

Greenhouse gas emissions per full-time equivalent
Emissions tCO2e/FTE Location-based
Market-based
  2020 2020
Total group emissions, all scopes, extrapolated 12,537.5  10,753.6
tCO2e/FTE, all scopes, extrapolated 3.57  3.06
Energy use
Energy use in MWh 2020
Bioenergy 4,361.36
Electricity 15,003.12
Heat/Steam 1,471.73
Natural gas 725.74
Other fuel 139.14
Total energy consumed 21,701.10
MWh/FTE 6.18

Products and services

The integration of considerations about the environmental impact of our products and services is key to ensuring sustainability is at the heart of our business strategy.

Philanthropic partnership


R&Co4Generations is Rothschild & Co’s platform for supporting social and environmental causes, locally and globally. Find out more about our global flagship partnership with an environmental focus.

2020 Response to the Carbon Disclosure Project

Rothschild & Co has reported to CDP's climate change questionnaire since 2018. In 2020, the group achieved an "A-" rating, improving on the "B" rating we received the previous year. 

Corporate Responsibility Report 2020

More detailed information about governance, facts & figures, and performance targets.