Allied Credit has an ongoing commitment to sustainability and each year, we are measuring our environmental impact.
Over the past year, we expanded the number of business activities that we measure, such as travel, electricity, and the waste we generate. We then calculated the total carbon emissions those activities generated and offset those emissions by funding certified climate projects. By partnering with trace, we can measure and offset our carbon footprint.
Here is our FY23 scorecard.
Allied Credit has offset 100 per cent of the 1,774.3 tonnes of CO2 we generated in FY23 by funding several certified climate projects and planting 10,113 extra trees. We have funded some valuable and interesting projects, including the Efficient cookstoves, Nepal, which is helping provide clean and efficient cooking stoves to marginalised communities, and the Cool Fire Traditional Land Management, Australia, which is combining traditional knowledge with contemporary technology to reduce fire risk & carbon emissions.
Looking ahead, we have a decarbonisation plan underway that identifies further actions for reductions, including implementing a sustainable supplier policy and educating our team about carbon emissions. We recognise there is more we can do for our planet and our people.
