GHG Emissions - March 21, 2022
Apex Group Offsets Lifetime Carbon Emissions
Apex Group Ltd., a global financial services provider, announced that it has offset its entire lifetime of carbon emissions.
Apex Group’s historic emissions will be offset by Carbon Footprint Limited, an independent climate change consultancy. The Group’s emissions will be offset through domestic energy projects in Malawi and Nigeria, ecosystem conservation in Cambodia, as well as renewable energy systems in Brazil, Turkey, and China.
The company will continually review and assess measures to reduce and offset future emissions, including increased use of renewable sources of energy, removing single-use plastics from across its offices, and limiting international travel where possible.
Apex is a signatory of the Principles of Responsible Investment and a member of the Net Zero Asset Managers initiative and has an existing partnership with Eden Reforestation Projects – a non-profit NGO committed to rebuilding local communities in developing countries that were destroyed by deforestation. In 2021, the Group planted 200,000 trees in Madagascar.
“We are extremely proud to set the standard for the industry in being the first to offset our lifetime emissions – but we are not satisfied with leaving it at that and will continue to improve our ESG credentials across our operations and in the way we do business,” Peter Hughes, Founder and CEO of Apex Group, said in a statement. “We are committed to positive change and being a force for good in both the way we conduct business, and by setting an example. With our global platform we feel we have a responsibility to do the right thing and we therefore continually strive to be a responsible corporate citizen, focused on making a difference to our people, our planet and our society.”
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