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Rothschild & Co | Annual Report 2017
109
1. Overview
4. Financial statements
3.
Management report
2. Business review
Greenhouse gas emissions in tCO
2
e
(except electricity for non-UK offices which is tCO
2
)
01/01/17
31/12/17
(12 months)
01/04/16
31/03/17
(12 months)
Direct Emissions (Scope 1)
Natural Gas + Biogas
569.4
481.1
Gasoil
58.0
65.1
Owned Vehicles
196.3
255.9
TOTAL SCOPE 1
823.7
802.1
Indirect Emissions (Scope 2)
Electricity Consumption (Location-based)
3,433.8
3,624.6
Electricity Consumption (Market-based)
1,901.6
1,736.4
Heat Consumption
96.8
100.1
TOTAL SCOPE 2 (Location-based)
3,530.6
3,724.8
TOTAL SCOPE 2 (Market-based)
1,998.3
1,836.5
Indirect Emissions from Travel (Scope 3)
Business Travel – Flights
15,865.0
14,664.8
Business Travel – Rail
108.9
97.2
Business Travel – Taxis
174.4
190.8
Total Emissions – Travel
16,148.3
14,952.8
Other Emissions (Scope 3)
Water
45.9
44.5
Materials
197.5
223.7
Waste
14.4
19.1
Company Leased Vehicles
164.2
176.8
Electricity Transmission and Distribution Losses
352.0
360.7
Total Emissions – Other
774.0
824.7
TOTAL SCOPE 3
16,922.3
15,775.5
TOTAL SCOPE 1, 2 AND 3 (Location-based)
21,276.6
20,304.4
TOTAL SCOPE 1, 2 AND 3 (Market-based)
19,744.4
18,416.2
Greenhouse gas emissions data per FTE
Location-based approach
Market-based approach
Emissions tCO
2
e/FTE
01/01/17
31/12/17
(12 months)
01/04/16
31/03/17
(12 months)
01/01/17
31/12/17
(12 months)
01/04/16
31/03/17
(12 months)
FTE Headcount
2,878.2
2,831.0
2,878.2
2,831.0
Scope 1 and 2
1.5
1.6
0.98
0.9
Scope 3 (All)
5.9
5.6
5.9
5.6
Scope 1, 2 and 3 (All)
7.4
7.2
6.9
6.5
4.4.3 Consequences of the use of the services
provided by the Group on climate change
As mentioned in the introduction of this Section, Rothschild & Co will
continuously improve its environmental management practices, limiting
and reducing its negative environmental impact as far as practicable.
Over the next 12 months, Rothschild & Co will look in more detail at the
consequences of the impact that its goods and services have on climate
change, above and beyond those related to its operations, in order to put
in place the appropriate measures.
4.4.4 Procedures implemented by Rothschild &
Co in order to prevent and manage the financial
risks resulting from its activity on climate change
In recognition of the effects of climate change and its potential impact on
societies and ecosystems, resource security and the stability of economic
markets, Rothschild & Co gives consideration to climate change issues and
their effect on business.
Rothschild & Co has already put in place some measures to limit its
own impact on climate change. For example, rolling out office energy
assessments to identify energy optimisation and efficiency improvements
and purchasing materials that are responsibly sourced, such as 100%
recycled office paper. In addition, the Group is investigating how best to
broaden its responsible travel initiative to all offices, thus directly addressing
GHG emissions from business travel.