Esure, a vehicle and home insurer, reported its ’Greener Parts’ initiative, which was launched with SYNETIQ in February 2022, saw the business use 2,380 recycled vehicle repair parts in the first half of 2022, which is equal to 50,000kg carbon dioxide (CO2) equivalent according to Insurance Times.
As part of Esure’s climate strategy launched in H1 2022, they have laid down a number of targets, including achieving net zero across scope 1 and scope 2 carbon dioxide emissions by 2025.
- Scope 1 covers direct emissions from owned or controlled sources.
- Scope 2 covers indirect emissions from the generation of purchased electricity, steam, heating and cooling consumed by the reporting company.
Regarding Scope 3, which includes all other indirect emissions that occur in a company’s value chain, Esure hopes that this work will contribute to a 50% reduction by 2030.
And by 2050, Esure aims to achieve net zero across all three scopes.
These targets build on Esure offsetting its 2021 scope 1 and 2 emissions ahead of the target within Q1 2022.
According to the article, As of June 2022, 76% of Esure’s branded bodyshops achieved a net-zero neutral status. The company’s plan is that by the end of 2022, 100% of its bodyshop network will have this status.