We combat climate change
Hoist Finance’s environmental footprint is not considered to be material by most stakeholders. However, with only eight years to make Agenda 2030 a reality and with demanding urgency to reach the 1.5-degree target of the Paris Agreement, we are strongly committed to minimize our environmental footprint and mitigate climate-related risks, which is also associated with reduced costs and lower business risks.
Minimimized emissions, reduced costs and focus on compliance
Today, Hoist Finance’s largest direct negative environmental impact consists of the energy use in our offices, our business travel, and letters sent to our customers. During 2021 we have increased our efforts to strengthen our sustainability data quality. With a new digital solution, we manage and analyse emissions better than ever before, which also allows for reduced costs. Our improved data quality is moreover vital to comply with current and upcoming climate related regulations. This year, you find Hoist Finance’s first EU Taxonomy reporting in the Sustainability Reporting Section.
Press selected goals in the table below to read more about our activities in 2021. Find the progress tracking for our indicators 2021 in the Sustainability Reporting Section.
Find our goals for 2022 in the Sustainability Startpage. Read more about our SDG goals and targets and UN Global Compact Principles on our website.
|Our Goals 2021||SDGs||Our Indicators 2021||UNGC Principle||Selection of Governing Documents|
|Reduce indirect and direct CO2 emissions||Reduce CO2 emissions by 30% compared to 2019.|
Continous reduction in energy consumption combined with intention to move all bought energy to renewable sources.
|Principle 7, 8, 9||Sustainability Policy|
|Reduce paper consumption||Migrate 10% of letters to digital.||Principle 7, 8, 9||Sustainability Policy|
|Reduce business risks connected to climate change||Further develop database to include climate change related risks in all markets with secured portfolios.||Principle 7, 8, 9||Sustainability Policy|