The Scottish asset management company plans to accelerate its carbon neutrality policy by reducing carbon emissions a further 50% by 2025. On 18 May the company announced a new plan of attack that includes measuring the carbon footprint of those employees who are working at home. Since the health crisis most of the company’s staff have been working remotely.
Prior to the pandemic, fewer than 1% of the company’s 6,000 employees teleworked, and now more than 95% work from home. Standard Life has been monitoring carbon emissions since 2006 and initial calculations by the group suggest that this latest revolution in work organization now accounts for 55% of the company’s carbon footprint, while travel, which had taken up 65% of its footprint in 2019 accounted for just 14% in 2020. “Working from home (WFH) or hybrid working is likely to be a lasting...
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