Apex Group Ltd (Apex), a global financial services provider, has launched a Carbon Footprint Assessment & Reporting service to meet growing market demand. The new offering helps funds and companies to measure the sources of emissions, implement plans to reduce their carbon footprint and provide a mechanism to offset any residual emissions.
The launch coincides with new global research by Apex which found that 91 per cent of private equity leaders believe that Climate Change is an urgent issue, and 81 per cent agree that they and their portfolio companies should take greater responsibility for their carbon footprint. Despite that, the survey revealed that at present just half of Private Equity firms measure the carbon footprint of their investments or offset their carbon emissions.
Carbon neutrality is seen as an achievable goal by those that took part, with 55 per cent saying that they have plans underway, with a further 45 percent holding aspirations to achieve carbon neutrality but don’t yet have plans underway.
In response to this clear market need, Apex has launched a Carbon Footprint Assessment and Reporting service. This unique offering quantifies and reports on a company’s Scope 1, 2 and 3 emissions by collecting all relevant data on a secure ESG online software platform to simplify the reporting requirements and seamlessly calculate a carbon footprint. Reports can be used to identify and manage major sources of emissions, whilst aligning with the reporting requirements of key standards and regulations.
