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IQGeo confirms carbon-neutral credentials

Published 30/04/2024, 09:30
© Reuters.  IQGeo confirms carbon-neutral credentials
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Proactive Investors - IQGeo Group PLC (LON:IQG), the geospatial software specialist for the telecoms and utilities sector, announced it has been granted the status of “Carbon Neutral Organisation” for the third consecutive year.

It comes after the company submitted its annual Carbon Assessment which detailed its operations in line with best practice framework from the Defra/BEIS and Greenhouse Gas Protocol reporting standards.

The submission included a thorough carbon footprint analysis and offset it’s carbon emissions through a portfolio of global projects, IQGeo noted.

The company worked in collaboration with Carbon Footprint Ltd, IQGeo has documented and analysed the carbon emissions stemming from its office-based and travel activities.

In addition to its carbon offsetting efforts, IQGeo has engaged in a tree planting initiative in the UK, aiming to bolster biodiversity and provide environmental education opportunities.

“Together with our employees, customers and partners we are ‘Building better networks’ that provide broadband communication and transform electric utility grids that enable the net zero carbon economy of the future,” IQGeo chief executive Richard Petti said in a statement.

“IQGeo’s latest carbon neutral certification is fundamental to how we operate our business internally and our external mission to improve the lives and environment of people around the world.”

Wendy Buckley, Carbon Footprint client director, added: “Since its baseline reporting year, IQGeo has shown success in carbon management, even as the business continues to grow.

“The company has recently completed its fifth annual carbon footprint appraisal, and it showed a reduction in emissions per turnover and per employee since the baseline year.

“As part of its efforts to be environmentally conscious and to show accountability for its own climate change impacts, the company has supported multiple certified carbon offsetting projects in addition to the UK Tree Planting project, maintaining its carbon neutral status.”

Read more on Proactive Investors UK

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