The theme for this year’s Earth Day is Invest In Our Planet, and at Onfido, we believe everyone has a responsibility to do their bit for a greener future.
We work with a range of like-minded businesses for whom sustainability and a greener future are a priority. We want to tackle this problem hand in hand.
Joining the Tech Zero taskforce
In 2021, we became co-founders of the Tech Zero coalition. We continue to work with other leading UK tech companies to accelerate progress to net zero emissions. We set out with a clear goal to reduce our emissions, support other companies in making a climate action plan, and use technology to help the 100 million customers we serve to live more sustainably.
Our first step was measuring our carbon emissions for 2020 and having these externally audited. We're in the process of scoping our next footprint through our external partner (Watershed) and will be reporting out our findings in the next Diversity & Impact Report.
Onfido’s environmental commitments
Onfido is committing to measuring our scope 1, 2 and 3 emissions, and reaching net zero by the end of 2031.
This means limiting our company’s carbon footprint in line with keeping global warming to below 1.5°C (2.7° F) - the limit to the global temperature rise needed to avoid the worst impacts of the climate crisis. Scope 1 covers direct emissions from owned or controlled sources, such as running boilers or vehicles. Scope 2 covers indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed. Scope 3 includes all other indirect emissions, up and down the value chain - for example, products bought from suppliers.
Actions we’re taking to reach our target
As part of our net zero commitment, we are working to:
- Measure, reduce, and report on progress with Watershed - the software platform for running a climate program
- Achieve interim targets by:
- Reducing our scope 2 emissions to 0% by 2026
- Reducing 67% of our scope 3 emissions at a rate of 7% year-over-year by 2026
- Publish our targets and progress in line with Tech Zero’s guidelines* and SBTI standards.
- Review our existing internal policies and create environmental policies that support our targets.
The next step in our journey — building out our strategy and action! We’re launching an internal ‘Net Zero Committee’ composed of Onfidoers vetted against a rigorous selection process. Members of this committee will help establish our reduction strategy (overview below) and drive the execution of business unit level and footprint linked reduction measures, cooperating with our operating teams to implement necessary changes and begin to develop company policy.
Working towards a sustainable future
We know there is a lot of work to be done the next few years to make tangible carbon emission reductions throughout our business, but we’re confident we have the right team and intentions to take the proper next steps towards a greener tomorrow for our employees, communities, and planet.
Find out more about Tech Zero, their commitments and what you can do to take climate action on Tech Zero’s website. Together we can work to achieve a more sustainable future for everyone