Carbon Neutral Status Maintained
26/06/2023 07:00
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RNS Number : 7875D Blancco Technology Group PLC 26 June 2023
RNS Reach
26 June 2023
Blancco Technology Group PLC
Carbon Neutral Status Maintained
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 once again achieved carbon
neutrality by offsetting its 2022 Scope 1, 2 and 3 carbon emissions.
Blancco first achieved carbon neutrality in 2021, and the 2022 report shows a
reduction in emission intensity. As part of the Group's commitment to carbon
neutrality in line with PAS 2060, Blancco has purchased carbon credits to
offset 100% of its residual 2022 Scope 1, 2 and 3 emissions. The credits
relate to the installation of a 250 MW wind power project in the Tamil Nadu
state of India, which is estimated to displace approximately 750 GWh of
fossil-fuel generated electricity in the region each year.
Blancco will continue to purchase offsets that represent genuine GHG emissions
reductions and meet the criteria of additionality, permanence, leakage and
double counting, in line with recognised frameworks such as the Verified
Carbon Standard (VCS).
Adam Moloney, CFO of Blancco, said:
"This represents Blancco's second year of carbon neutrality, and it's good to
see the reduction in emissions intensity. Being carbon neutral is important
for us, as it is for our customers. The fact that Blancco's products
themselves reduce emissions for our customers and that we as an international
operating company are carbon neutral can only be a positive point for all of
our stakeholders."
To read Blancco's carbon neutral report, please go to
https://www.blancco.com/investors/investor-center/sustainability-esg/
(https://urldefense.com/v3/__https:/www.blancco.com/investors/investor-center/sustainability-esg/__;!!H_q-o1I4kFo!lxQm-LYclFja_aCsH3uKLVSRxp2W5vqaaJZv6MvSi3VUT4fTr48gajn3S7JhM0iqKgE4wpXGWX08BKh3mXfIgXyiOo1n6PnqTQ$)
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 (mailto: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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