Carbon Neutral Status Achieved
28/06/2022 07:00
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RNS Number : 3591Q Blancco Technology Group PLC 28 June 2022
RNS Reach
28 June 2022
Blancco Technology Group PLC
Blancco Technology Group PLC (AIM: BLTG, "Blancco", the "Company" or the
"Group"), the industry standard in data erasure and mobile lifecycle
solutions, is pleased to announce that it has achieved carbon neutrality by
offsetting its 2021 Scope 1, 2 and 3 carbon emissions.
Sustainability is a core part of Blancco's business model and the Company
recognises the role it has to play in addressing its own impact on climate
change. In 2022, Blancco engaged Avieco, a leading environmental consultancy
to undertake an extensive carbon assessment of Scope 1, 2 and 3 emissions
across its entire value chain for the period 1 January 2021 to 31 December
2021.
Following this analysis, the Group has purchased carbon credits in two
projects to achieve carbon neutrality. Both projects are designed to install
grid-connected wind power in Gujarat, India, and all the credits purchased are
verified in line with the Verified Carbon Standard ("VCS"), one of the world's
leading verification standards. This is a crucial milestone in Blancco's
ongoing sustainability journey and positions it strongly on its net zero
pathway in the coming years. Going forward, the Company aims to reduce its
emissions intensity on an annual basis and will continually review its
decarbonisation plan, setting annual targets in step with Blancco's desire to
drive accountability.
This is alongside Blancco's continued drive to help its customers reduce their
own carbon emissions, with its product offering enabling customers to reduce
their own carbon footprint, and the recently launched ESG Dashboard giving
customers easy access to sustainability and carbon reduction metrics. By
providing data erasure software, the need for physical destruction and
landfill of electronic devices is negated, and the Group continues to promote
the importance of sustainably disposing of hardware and supporting the
circular economy.
Matt Jones, CEO of Blancco, said: "Becoming a carbon neutral business is a
major step forward in Blancco's sustainability journey and we have invested in
highly reputable carbon credits to help achieve this. We recognise that
offsets are not a long-term solution and that action to address climate change
must come from widespread decarbonisation. This is why we're committed to
undertaking multiple initiatives to further reduce our own carbon footprint as
we take greater accountability for our actions and choices on a day to day
basis."
For further information:
Blancco Technology Group plc via Buchanan
Matt Jones, Chief Executive Officer
Adam Moloney, Chief Financial Officer
+44 (0) 20 7466 5000
Buchanan Communications Limited
Chris Lane / Stephanie Whitmore / Jack Devoy
blancco@buchanan.uk.com
About Blancco
Blancco Technology Group plc is a leading global provider of mobile lifecycle
solutions and secure data erasure solutions. For more information, please
visit www.blancco.com (http://www.blancco.com) .
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