At Equals Money, we’re committed to minimising the impact of our operations on the environment and have set a target of Net Zero by 2050.
Using the Equals Money platform and MCC codes provided, we were able to calculate and measure our Scope 1 carbon emissions.
With the help of C Free, we have supported projects to balance and offset our unavoidable carbon footprint. We’re proud to say we’re officially carbon neutral, but we also understand that we have a long way to go.
Whilst we celebrate our efforts, we understand that carbon offsetting isn’t the sole solution for a more sustainable future. This is simply the start of our sustainability journey as we continue to introduce changes to reduce our emissions.
It’s important to acknowledge the work we have remaining. We’re not perfect, but by listening to experts and evaluating and mitigating our impact, we can keep building out our sustainability journey.
Carbon measurement of the Equals Money website
Implement corrective actions to reduce our future carbon emissions
Purchase accredited and credible carbon offsets, with co-benefits for all remaining Scope 1 and 3 emissions
Ensuring we have a carbon neutral workforce is an initiative that is of great importance to us. We’re trying to do the right thing - and this is not a trivial endeavour but rather a crucial step in the process. Not only is it in the best interest of the success of our company, but it is also in the best interest of the greater community around us. Equals Group PLC will continue to evaluate our impact on the environment as we move forward. We’re excited to build out our sustainability strategy, with offsetting employee emissions as a piece of the puzzle.
Reducing waste
Saving energy
Going paperless
Encouraging green travel methods to employees
Choosing green brands
Offsetting your carbon emissions
Equals Money is a carbon neutral company, and by extension, so is our platform. This makes us a suitable choice for any company currently adjusting their supply chain to environmentally conscious vendors and suppliers.
Using the Merchant Category Code (MCC) and the transaction amount provided by the Equals Money platform, you too can calculate your expense-based Carbon emissions.
The in-platform annotations feature allows for more in-depth transaction details which enables more precise calculations for the expense. (E.g. 4 people return to Chester versus 1 person first class to Edinburgh)
Companies that meet certain requirements need to be actively reporting on their scope 1 and scope 2 emissions, as defined in Sections 465 and 466 of the Companies act 2006:
250 employees or more
Turnover (or gross income of £36 million or more)
Balance sheet assets of £18 million or more
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