Our Purpose at Element is "Making tomorrow safer than today". Environmental, Social and Governance (ESG) responsibility are core to how we bring this purpose to life. At Element, we believe that the TIC industry can play a significant, and meaningful, role in leading the way in environmental sustainability, in partnership with customers around the world. And we are the front runner.
Recognised as industry leader by Sustainalytics, a global leader in ESG research and rating, we have the highest rating of any major TIC player. We are in the top 1% of the over 15,000 companies rated by Sustainalytics.
“As a business with purpose at its heart, we’re proud of our strong ESG framework that has been in place for years, which supported our achievement of this rating and our leadership on this critical issue.”
Jo Wetz
CEO
Our Environmental Commitments
The environmental commitments around emissions form a critical part of our longer-term ESG plans. The key targets include:
Current Baseline
In 2019 Element’s carbon baseline was 103 KTCO2e, equivalent to 15.1 TCO2e/ FTE and 0.13 TCO2e per $ revenue.
Our Climate Initiatives
Across the world we’re working hard to reduce our environmental impact and are aiming to migrate 100% of global electricity usage to renewable energy contracts, as well as trialling electric vehicles and working throughout our supply chain to reduce our impact.
Renewable Energy Procurement
30% of Element's global electricity is sourced from renewable energy, and we will continue to migrate towards renewable energy contracts for all electricity usage.
Energy Production
We are installing solar panels on our properties across our organisation, including laboratories in United Arab Emirates.
Electric Vehicles
We are currently exploring electric vehicle options in the UK with the goal of transitioning our vehicles to reduce our scope 1 emissions.
Social Responsibility
We care about the impact we have on our people and the communities we are a part of. We have been working to make Element a more diverse, inclusive and equitable company. Our diversity makes us stronger and more able to make a positive difference in our local communities and to the broader society we are a part of.
Diversity and Inclusion
Building a more diverse and inclusive culture is all about building trust and being genuine. It’s also about making the most of our diverse ways of thinking, experience, the different cultures and backgrounds we come from. We have launched several colleague resource networks (covering racial equality, disability resource, LGBT+ and Women in Business) and we provide targeted training combatting 'unconscious bias' for our leaders.
Safety
Creating a safer world for everyone is what we are all about. And that starts with our people, safety is our number one priority and we have implemented a leading-edge safety programme across all operations.
Community Service
Within Element we can all bring our purpose and values to life both at work and outside of work. We offer all colleagues 12 hours of volunteering leave each year to support their local communities. This is a positive impact in our local communities but can also provide opportunities for personal and professional growth for us as individuals. And giving something back makes us feel proud to support, and be a part of, the communities we are part of.
To contact the Group Legal team at Element in relation to any governance or integrity matter, please contact ethics@lempimuona.com
Alternatively, to contact the confidential Element Whistleblowing Hotline provided by Safecall, please click here.