The Clear Group is committed to achieving Net Zero carbon emissions by 2030. We are also the first insurance broker to set this commitment through the Science Based Targets Initiative (SBTi).
The Science Based Targets initiative is a coalition established in 2015 which aims to enable companies to set emission reduction targets in line with leading climate science. It is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and WWF.
The team at CLEAR spent 12 months collecting and analysing data on the environmental impact and carbon footprint of the business, and in April 2021 we announced our Net Zero commitment.
To begin with we are upgrading our IT suite, which will allow the business to reduce the number of IT facilities required. This action fulfils one of the key carbon net-zero initiatives and will help reduce power consumption across the business.
Another source of carbon emissions for CLEAR has been business travel. While the Covid lockdowns have clearly reduced travel, we are determined to address how to make business journeys more environmentally sustainable in the future. Staff are now keeping a more detailed record of their business mileage and flights as this information will be essential in reporting carbon emissions accurately each year.
The CLEAR Group is committed to achieving Net Zero by 2030 by reducing our carbon footprint by 30% from a 2019 baseline. This is a long timeframe, so to make a positive impact straight away, we have become carbon neutral through the purchase of carbon credits. These carbon credits or offsets help finance clean energy projects in emerging countries through ClimateCare.
Speaking about CLEAR’s Net Zero commitment, Dan Innes, Director said:
"We carefully considered the impact that we want to have on the world and saw it as imperative to reduce our carbon emissions significantly. We saw that the best way to do this was through a credible process aligned to science, which is exactly what the SBTi offers. We can only encourage other SMEs and large businesses alike to develop a science-based net zero strategy."
"We have ten years to achieve a 30% reduction in our emissions, which is ambitious but necessary. Our first initiatives are just the start of a long and challenging but absolutely vital project, and we have a great deal more to do in tackling the causes of climate change."
Further information
Find out more about CLEAR's Net Zero commitment below: