VADO CARBON AND ENVIRONMENTAL POLICY

Working with THG Eco, who audited our emissions for Financial Year 21/22, we have achieved PAS 2060 certification, which is the BSI standard for Carbon Neutrality. This covers our Scope 1, Scope 2 and Scope 3 – Business Travel, emission categories.

In our last financial year, across these categories, we generated the equivalent of 253 tonnes of carbon dioxide. We have offset this by purchasing the equivalent number of Carbon Credits. For this we have chosen a project based in Mexico, which distributed energy efficient light bulbs to 5.7 million households across the country*.

This sets our base line for the next two years, which is our current commitment period to reduce our yearly emissions over. We will continue to log and report our emissions and then offset any excess emissions where necessary.

We are also working on identifying and reducing our full range of Scope 3 emissions.

LINKS

The full reports detailing our emissions, PAS 2060 certification and offsets are publicly available via the links below:

* The Project, which was known in Mexico as Luz Sustentable, distributed energy efficient lights to 5.725 million households across Mexico during 2011 and 2012. Its aim was to cut carbon emissions, reduce poverty and help to deliver energy security to Mexico. It was estimated to reduce Mexico’s carbon emissions by 6.8 Million tonnes and householders would save approximately US$1.1 Billion on energy bills.