Carbon Footprint Reporting

Climate-related risk and the complex environmental, social and economic challenges that come with it are impacting our company, clients and communities. To demonstrate our commitment to climate change mitigation and environmental stewardship, we maintained our carbon neutral status in 2021.

Emissions remained low due to ongoing travel restrictions, working from home, and internal reductions. We purchased renewable electricity certificates (RECs) and carbon offsets to offset remaining emissions.

Beyond Carbon Neutral

We achieved our target of becoming net carbon neutral equivalent in 2020, offsetting 100% of our emissions from 2010 baseline levels. In 2021, we took these targets further, announcing our commitments to become net zero in our operations and investments within mid-century timeframes as recommended by the Intergovernmental Panel on Climate Change.

To demonstrate progress toward these goals, we have set interim targets and milestones that will hold us to account.

Net zero operations by 2040

We will reduce the emissions of our operations by 45% by 2030 and achieve net zero by no later than 2040. This includes both direct emissions (Scope one) and indirect emissions (Scopes two and three), including emissions resulting from corporate offices, Financial Advisor offices, fleet vehicles, and business travel. As of 2021 we will also track emissions from employee commuting and working from home, Information Technology assets and services.

Operational carbon emissions
2019 28,494 2020 19,514 2021 18,382 tonnes carbon dioxide equivalent

For more information about our carbon footprint: Operational energy consumption and carbon emission inventory.