Setting the Standard in Sustainability
Version 1 is a verified Carbon Neutral company and has set a target to Net Zero by 2025
In an effort to minimize our environmental footprint and promote sustainable development, Version 1 has been ISO14001 accredited since 2019. However, 2020 is the first year that we’ve really “looked under the hood” to understand exactly what emissions we produce, where our hotspots are, and how we can make a meaningful environmental impact.
Watch our video below to learn more about what Version 1 is doing for the Environment and what our plans are for the future.
Total GHG Emissions in 2020, 1125 tC02
Calculating our footprint has been challenging but the process has been enlightening. Some of the exact scope 3 data we were unable to collect so we extrapolated data based on FTE, in the coming years we hope to have honed the process and our Suppliers will now know what to expect.
Net Zero by 2025
Our goals are particularly ambitious because we know that firstly, it’s the right thing to do and secondly our business model is inherently sustainable so if we push ourselves that bit harder, we can achieve that much more. With the full support of the employees, Board of Management and Shareholders, Version 1 is now a Carbon Neutral company from 2021 and Carbon Net Zero by 2025 in line with science-based targets.
Carbon Neutral Now
We understand that carbon neutrality is not the long-term solution, but we want to make a difference right now while at the same time focusing on taking every action possible to reduce our emissions. Offsetting is not the perfect solution, but it is a mechanism for transferring money from wealthy countries & companies to communities that provide nature based solutions to suck carbon out of the atmosphere and this is one way to tilt the economics in favour of the stewards of the forests and the soil and Version 1 is proud to support that.
Pledges & Commitments
Science Based Targets initiative (SBTi)
We have signed a commitment to set science-based emissions reduction targets across all scopes, in line with 1.5°C emissions. Our targets will be validated in due course.
Climate Disclosure Project -
We will report to the CDP at the first opportunity in 2022
The Climate Pledge
We have submitted our goals and initiatives and are awaiting approval.
Ten-point Climate Plan to Net Zero by 2025
Working From Home
Innovation & Collaboration
2021 was the year Version 1 made our climate commitments, 2022 & onwards will be the years that we hold ourselves accountable. We are in a moment of exciting optimism, where the connection between political awareness, corporate responsibility, public opinion and technical innovation is lining up and we have the capacity, expertise and passion to truly set the standard in sustainability.