Sustainability Strategy: Planet
Presenting our Carbon Net Zero strategy.
Our Planet Pillar
It is our ambition to deliver products and services with sustainability built in, and we are committed to providing the product lifecycle sustainability analysis to support it. We also provide our clients with the tools and expertise they need to accelerate towards their own sustainability goals.
We have already helped several organisations reduce the impact of their communications, and we are actively engaging with our clients to help identify and develop solutions for their own sustainability challenges.
Carbon Net Zero Plan
The Paragon Carbon Net Zero Plan forms a key part of our Planet pillar. It lays out our short and long-term targets that will deliver lasting change. The plan is aligned with the Paris Climate Agreement to limit global warming to 1.5C above pre-industrial levels.
We have set ambitious targets, against a baseline of our FY 2021/2022:
- Scope 1: 50% reduction by 2032, followed by 90% reduction by 2040
- Scope 2: 90% reduction by 2032, followed by 90% reduction by 2040
- Scope 3 Engagement: 90% of supply chain spend with partners with a science-aligned Carbon Net Zero Plan by 2032
- Scope 3 Intensity target: 50% reduction in carbon intensity by 2032, followed by 97% reduction by 2045
You can find out more about our sustainability strategy here.