Reducing our environmental impact
We are an environmentally conscious and highly digital business. We actively monitor and manage our carbon footprint and are committed to delivering carbon neutral operations and longer-term net zero targets. We are determined to play our role as a business in managing and mitigating the risks of a changing climate.
100 %
of energy usage met by renewables
0 %
of waste to landfill
100 %
carbon neutral operations across Scope 1 and 2 emissions
2040
target set for Net Zero (including Scope 3 emissions)
Tackling climate change
We are committed to conserving energy and utilising renewable sources of energy wherever reasonably practicable. This means continually reducing our energy consumption while investing to make our buildings and assets more efficient and sustainable.
We assess our climate impact in line with the requirements of the Greenhouse Gas Protocol. Effective from Q4 2022 we have transitioned to 100% renewable energy tariffs and have used carbon offsets to achieve carbon neutral status across Scope 1 and 2. Our longer-term carbon reduction strategy includes a commitment to Net Zero, including Scope 3 emissions, by 2040.
Environmental engagement
At NewDay, we understand that tackling climate change requires active engagement – both internally, and more broadly with the customers, contractors and suppliers across our value chain.
Through NewDay’s Green Forum, colleagues learn about environmental topics and can raise ideas and observations for improving the business such as lowering energy use or introducing nature-based practices.
As well as supporting customers to move forward with credit, we promote sustainable behaviours with them. We offer carbon footprint insights to Aqua customers to help build carbon literacy, 453k customers had a cardless product at the end of 2022 and our newest partnership provides recyclable plastic cards.
We also work closely with landlords, contractors and other partners to reduce environmental impacts. As third parties make up the biggest proportion of our carbon footprint, we recognise the need to engage with our supply chain. Our Supplier Code of Conduct outlines the standards expected of our suppliers across all aspects of ESG, which includes actively reducing carbon emissions and other negative environmental impacts.