We are dedicated to
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.

Carbon footprint

We have reported on all the carbon emissions sources required under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013. Our emissions data has been calculated in line with the Greenhouse Gas (GHG) 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 UK head office
  • Home credit operations in Poland, Czech Republic, Hungary, Mexico and Romania
  • IPF Digital operations in Finland, Estonia, Latvia, Lithuania, Australia, Poland, Spain and Mexico. 

Where available data is incomplete, we have extrapolated data.

Carbon emissions sources Tonnes CO2e
2013 2014 2015 2016 2017 %change in 2017
Scope 1 Gas 1987 2266 1634 1126 1283 13.9%
Business travel by car 24,267

23,996

25,490

27,013 24,984

(7.5%)

Scope 2

Purchased electricity

5,280

5,116

4,040

3,466 3,564

2.8%

Scope 1 & 2  

30,171

30,030

30,302

31,166 29,831

(5.6%)

 

CO2e emissions by customer

0.013

0.012

0.012

0.012 0.013

5.0%

In 2017, our GHG emissions for scope 1 and 2 decreased by 5.61%. When normalised by customer number, our scope 1 and 2 GHG emissions increased by 5.04% compared with 2016.

Business travel by car decreased by 7.5% largely due to the reduction in car fleet in some of our European established businesses as well as the closure of our operations in Slovakia, Lithuania and Bulgaria. 

Our carbon emissions report has been reviewed by Ricardo Energy & Environment. We aim to further improve our environmental data collection and management system considering recommendations provided by Ricardo Energy & Environment.

In 2017 we have been able to report a greater proportion of gas data due to being able to obtain this data from landlords in Poland and Hungary for the first time.  We have used this data to make an approximation of the full extent of data for 2013-2016 and are restating this data from previous reporting.

 

Electricity use

Tonnes CO2

Average KWh/ m2

2017 7.7 GWh 3,564 72
2016 7.4 GWh 3,466 78

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

Tonnes

 CO2

2017

(UK, Poland, Hungary, Romania, Estonia)

6.9 GWh 1283

2016

(UK, Romania, Lithuania, Digital markets and estimation of gas use in Poland and Hungary)

6.1 GWh 1126
2015
(UK, Czech Republic, Romania and estimation of gas use in Poland and Hungary)

8.9 GWh

1634

2014
(UK, Czech Republic, Romania and estimation of gas use in Poland and Hungary)

11.2 GWh

2266

2013
(UK, Czech Republic, Romania and and estimation of gas use in Poland and Hungary)

9.7 GWh

1987

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

 

Emissions by car
(tonnes CO2)

Relative to
customer numbers
(kg CO2 per customer)

2017 24,984 10.56
2016 27,013 9.97

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*