We are committed to minimising the impact our business has on the environment.
Jardine Lloyd Thompson Greenhouse Gas Emissions Report
In line with Mandatory Carbon Reporting (MCR) requirements within the Companies Act 2006, this report outlines JLT's Greenhouse Gas (GHG) emissions covering the period 1 January 2016 - 31 December 2016.
The scope of JLT's reporting encompasses its operational boundary and includes emissions associated with JLT's offices worldwide. JLT has reported on the mandatory scopes 1 and 2, and for the optional scope 3 has opted to include global business travel (given that air travel in particular is acknowledged as a large contributor to greenhouse gas emissions) and non-purchased electricity (ie used by JLT but purchased by the landlord) where available.
JLT's total GHG emissions for 2016 were 19,448 tCO2e*. The largest proportion of JLT's GHG emissions can be accounted for by air travel which comprises 57% of the total emissions, equating to 11,066 CO2e.
As in previous years, to demonstrate JLT's emissions relative to a quantifiable measure of its business activities, JLT has calculated its carbon intensity ratio on the basis of the number of JLT employees, as this is considered to relate to Company growth and GHG emissions.
The intensity ratio for 2016 is 1.74 tCO2 e/employee.
JLT's GHG Emissions by Scope and Intensity Ratio
The methodology employed to calculate the GHG emissions is in accordance with the GHG Protocol Corporate Reporting and Accounting Standard (revised edition). Data has been collated from JLT's global offices for electricity, fuels, refrigerants and transport directly purchased or controlled by JLT, in line with the mandatory scopes 1 and 2.
With regard to the optional scope 3, JLT has included within its report emissions relating to air travel by its employees for business use as this recognised as a significant contributor to carbon emissions. JLT has also reported on non-purchased electricity usage for countries that have this data available and for the UK only, rail travel. The relevant UK or international emissions factors have been applied. There were some limitations in reporting due to gaps in data, and where necessary every reasonable effort has been made to fill these and estimate data as accurately as possible. For air travel, some countries were excluded as this data is not available for this reporting period. JLT will be working with its global offices to further improve data availability for the 2017 reporting period.
Year on Year Review
The total emissions associated with JLT’s operations have increased. The intensity ratio of emissions per employee has increased by 0.12 tCO2e/employee. The number of employees has decreased slightly. There has been a wider data set included this year, for instance more countries able to report on non-purchased electricity, and estimates include increased activity, for example in the USA.
The wider data set has meant that the scope 3 emissions has increased and both scopes 1 and 2 have decreased. JLT's focus on reducing its environmental impact extends beyond reporting on its emissions. 2016 has seen the design stage of the implementation of an Environmental Management System which will continue to be progressed throughout 2017.
* What is tCO2e?
It is standard practice to report GHG emissions in tonnes of CO2 equivalents (tCO2e). This is a universal unit of measurement used to indicate the global warming potential of the GHG in relation to the global warming potential of one unit of carbon dioxide. The seven main greenhouse gases that are converted into tCO2e are Carbon dioxide (CO2), Methane (CH4), Hydrofluorocarbons (HFCs), Nitrous oxide (N2O), Perfluorocarbons (PFCs), Sulphur hexafluoride (SF6) and Nitrogen trifluoride (NF3).