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.

We recognise that the consequences of climate change are significant and are being felt globally. We aim to reduce our environmental impact where possible and our fleet strategy and MyProvi programme are instrumental in helping us to achieve this. Our fleet vehicles, which play an integral role in serving our home credit customers, are under regular review to achieve incremental reductions in fuel consumption and CO2emissions. In 2018, we continued offering driver training and introducing in-car technologies where possible to promote the adoption of fuel efficient driving techniques among our drivers. Furthermore, with the roll-out of e-receipting in Czech Republic and Poland we have reduced paper consumption in both countries. During 2019, we expect to see greater paper savings and less printing with the implementation of digital receipting in Hungary and Romania.

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 of 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 reporting: conversion factors 2018 and the current edition of the IEA emission factors for non-UK electricity. The emissions data covers all our offices. These sources fall within our Consolidated Financial Statements. Where available data is incomplete we have extrapolated data.

Carbon emissions sources

Tonnes CO2e

2016 2017 2018 % change in2018
Scope 1 Gas 1,126 1,135 1,175 3.5%
Business travel by car 27,013 24,969 24,515

(1.8%)

Scope 2

Purchased electricity

3,466 3,295 3,143

(4.6%)

Purchased district heating N/A 62 51 (18.1%)
Scope 1 & 2   31,166 29,461 28,884

(2.0%)

 

CO2e emissions by customer

0.012 0.012 0.013

2.9%

 

 

In 2018, our GHG emissions for scope 1 and 2 decreased by 2% compared to the previous year. This is attributable to a decrease in business travel by car, due to a reduction in car fleet, and lower electricity consumption following office consolidations in some of our European businesses. 

Our 2017 reported carbon footprint included some estimates for 2017 carbon emissions data. These estimates have been updated for the 2018 report.

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 2018, our GHG emissions for scope 1 and 2 decreased by 2% compared to the previous year. This is attributable to a decrease in business travel by car, due to a reduction in car fleet, and lower electricity consumption following office consolidations in some of our European businesses. 

Our 2017 reported carbon footprint included some estimates for 2017 carbon emissions data. These estimates have been updated for the 2018 report.

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 2018, our GHG emissions for scope 1 and 2 decreased by 2% compared to the previous year. This is attributable to a decrease in business travel by car, due to a reduction in car fleet, and lower electricity consumption following office consolidations in some of our European businesses. 

Our 2017 reported carbon footprint included some estimates for 2017 carbon emissions data. These estimates have been updated for the 2018 report.

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.

Year

Electricity use

Tonnes CO2

Average KWh/ m2

2018 6.4 GWh 3,143 64
2017 6.7 GWh 3,295 64
2016 7.4 GWh 3,466 78
Year

Gas use

Tonnes

 CO2

2018

(UK, Poland, Hungary,Romania, Estonia)

6.3 GWh 1,175

2017

(UK, Poland, Hungary, Romania, Estonia)

6.1 GWh 1,135

2016

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

6.1 GWh 1,126
Year

Emissions by car
(tonnes CO2)

Relative to
customer numbers
(kg CO2 per customer)

2018 24,515 10.87
2017 24,969 10.55
2016 27,013 9.97