Positive pensions and banking SOURCE OF OUR EMISSIONS* The greatest climate impact from our supply chain is in pensions and banking. In 2021-22, we reviewed our provision to reduce emissions and find climate positive solutions. We signed Make My Money Matter’s Green Pension Pledge and worked with our pension provider to move from funds invested in fossil fuels, and also from those that claimed to be green by offsetting their fossil fuel investments. We also found that one of the banks we used was heavily invested in fossil fuels, so we moved our account, testing alternative banks’ commitments and getting a detailed picture of what they invest in before switching. Pensions & Banking (229.769) IT (8.29) Gas (0.769) Electricity (3.129) Business travel (0.313) Flights (0) Employee commuting (0.194) Supported by partners like Forster, we’re embracing Food & drink (0.536) “ responsibility for our planet’s future. We’ve established *Tonnes CO2 a Global Green Council of passionate, knowledgeable Data via Green Element employees to promote sustainability, and aim to get all Pensions and banking remain our biggest source of our offices involved in green initiatives by 2025. of emissions. During the year we have changed our everyday banking provision, as well as Jane Bruce, Client Success Manager at changing our pension to the most sustainable fund. We hope to see a bigger reduction in Forster’s media monitoring supplier, Meltwater these figures in the next 12 months. 99
Forster Communications Impact Report 2021-22 Page 8 Page 10