We are dedicated to strong
Environmental Management

International Personal Finance plc commits to understand fully the impact of its activities and strives to reduce harmful effects on the environment. It strives to continuously improve management of resources in order to reduce carbon equivalent emissions in relation to output.

As a consumer financial services business, our direct environmental impact is lower than some other organisations but we recognise that our day-to-day use of transport, energy and natural resources used to run our business should be conducted in a way that creates the least harm to the environment we operate in.

The majority of environmental issues associated with our business are indirect. These impacts arise as a result of business relationships that we form in our markets and include the landlords we lease our offices from, the businesses in our supply chain, business travel and the waste we generate.

International Personal Finance plc commits to understand fully the impact of its activities and strives to reduce harmful effects on the environment. 

It strives to continuously improve management of resources in order to reduce carbon equivalent emissions in relation to output.
As a consumer financial services business, our direct environmental impact is lower than some other organisations but we recognise that our day-to-day use of transport, energy and natural resources used to run our business should be conducted in a way that creates the least harm to the environment we operate in.
The majority of environmental issues associated with our business are indirect. These impacts arise as a result of business relationships that we form in our markets and include the landlords we lease our offices from, the businesses in our supply chain, business travel and the waste we generate.

How we manage our environmental impacts:

  • A quantitative objective Group-wide to reduce carbon emissions by 7.5% per customer by 2016 compared to base year 2013
  • Environmental strategy embedded in all our businesses and driven by a policy that is communicated throughout our organisation through media and environmental activities
  • Group environmental management system (EMS) customised to the business and based on the international environmental standard, ISO14001. Helps understand our impacts on the environment and manage these in a structured way
  • Annual environmental audits across all our operations, including the verification of environmental data at source
  • Environmental performance managed through environmental working groups, with support at group level. They are responsible for maintaining an EMS, setting environmental objectives and targets, and for developing action plans that will enable these goals to be delivered
  • Regular training, communication and opportunities to get involved help to build employee engagement around environment issues
  • Responsible supply chain-management policy provides guidance to all our businesses

Carbon footprint

We have reported on all of the carbon emission sources required under the Companies Act 2006 (Strategic Report and Directors’ Reports) Regulations 2013. Our emissions data has been calculated in line with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard, and we have used emissions factors from the UK Government’s Greenhouse Gas Conversion Factor Repository. The emissions data covers our home credit operations in the UK, Poland, Czech Republic, Hungary, Slovakia, Mexico, Romania, Lithuania and Bulgaria. IPF Digital data is not included for 2015 as the full year’s data is not available but this will be included in 2016. We extrapolated data for the countries where available data is incomplete. 

Carbon emissions sources Tonnes CO2e
2013 2014 2015 %change in 2015
Scope 1 Gas 624 918 771 -16.04%
Business travel by car 24,267

23,996

25,490

6.23%

Scope 2

Purchased electricity

5,280

5,116

4,040

-21.02%

Scope 1 & 2  

30,171

30,030

30,302

0.91%

 

CO2e emissions by customer

0.013

0.012

0.012

-6.92%

In 2015 our GHG emissions for scope 1 and 2 increased by 1%. However as a growing business we find it more appropriate to measure progress by normalising this data against customer numbers. When normalised by customer number our Scope 1 and 2 GHG emissions fell by 6.9% compared to 2014 and 12.3% compared to base-year 2013.

We aim to reduce our environmental impact where possible and our Transformation for Growth programme is instrumental in helping us to achieve this. The programme focusses on processes, people and technology and one expected outcome of this is to deliver resource savings for the business. By stream-lining our existing processes we are achieving relative savings against our most significant environmental aspects; business travel by car; electricity; and paper purchased. A full environmental policy statement can be found in the sustainability section of the Company’s website.

Energy use

Electricity use

 

Electricity use

Tonnes CO2

Average KWh/ m2

2015

7.9 GWh

4,040

74

2014

9.5 GWh

5,116

77

2013

9.7 GWh

5,280

86

2012

9.9 GWh

5,054

101

2011

9.1 GWh

4,737

103

2010

8.6 GWh

4,415

101

2009

8.4 GWh

4,116

101

2008

7.9 GWh

4,007

90

Gas use

 

Gas use

CO2

2015
(UK, Czech Republic and Romania)

4.2 GWh

771

2014
(UK, Czech Republic and Romania)

4.5 GWh

918

2013
(UK, Czech Republic and Romania)

3.1 GWh

624

2012
(UK, Czech Republic and Romania)

5.2 GWh

1044

2011
(UK, Czech Republic and Romania)

3.0 GWh

614

2010
(UK, Czech Republic and Romania)

2.9 GWh

582

2009 
(UK, Czech Republic and Romania)

2.4 GWh

487

2008 
(UK and Romania)

1.2 GWh

239

Gas use

CO2

Business travel

Transport use – cars

 

Emissions by car
(tonnes CO2)

Relative to
customer numbers
(kg CO2 per customer)

2015

25,490

9.71

2014

23,996

9.24

2013

24,267

9.8

2012

20,089

8.5*

2011

19,366

8.7*

2010

18,920

9.25*

2009

18,008

9.1*

2008

9,960

4.9*

Transport use – air

  Emissions by air
(tonnes CO2)
Relative to
customer numbers
(kg CO2 per customer)

2015

1226

0.47

2014

1014

0.39

2013

759

0.31

2012

841

0.35

2011

1431

0.65

2010

1238

0.61

2009

677

0.34

2008

951

0.47

Emissions by air
(tonnes CO2)

Emissions by air
(tonnes CO2)

Natural resources

Paper use

 

Paper purchased
(tonnes)

Relative to
customer numbers
(kg per customer)

2015

1,313

0.50

2014

969

0.37

2013

1,271

0.51

2012

990

0.42

2011

1046

0.47

2010

984

0.48

2009

922

0.47

2008

1,182

0.58

Waste produced

  Waste produced –
UK and Romania
(tonnes)
Paper recycling
(tonnes)

2015

8.0

148

2014

7.2

152

2013

8.6

104

2012

11.0

142

2011

11.4

141

2010

12.1

139

2009

9.4

146

2008

10.6

82