Reduce your Scope 3 emissions with employee benefits
How can your employee benefits package help reduce business Scope 3 carbon emissions? Find out below.
What are Scope 3 emissions?
As it stands today, greenhouse gas emissions are categorised into three groups or ‘Scopes’.
Scope 1 covers direct emissions from owned or controlled sources, Scope 2 covers indirect emissions from the generation of purchased electricity, steam and heat, and Scope 3 includes all other indirect emissions that occur in a company’s value chain.
What few businesses realise is that reducing Scope 3 emissions and including them in net zero carbon targets can deliver substantial business benefits, as well as the potential to prevent the worst impacts of climate change.
Employee benefits can help reduce business Scope 3 carbon emissions in three key areas.
- Employee commuting
- Investments
- Purchased goods and services
How can your employee benefits package help?
We’ve put together this infographic to show you just that. Download it here.
The benefits that make a difference
So, what are the employee benefits that can help reduce Scope 3 emissions?
- Offer employees electric cars via salary sacrifice and/or leasing
- Offer employees fuel cards that offset carbon emission
- Transfer your company pension to a Net Zero Now, carbon neutral pension.
- Flexible savings products like Stocks and Shares ISAs, LISAs, and Cash ISAs, to ensure every employee has access to save the way they want to, depending on what’s important to them.
- Purchase more ethically focused goods and services for your employees, like medical insurance, life insurance, etc
- Give them access to an ethical marketplace, where they can purchase sustainable versions of their everyday essentials.
Look after your people and planet
Book a demo of Lumina and let us show you the power of good benefits
Our platform, Lumina, includes your choice of the above eco products and services, plus your flexible employee benefits platform, HR Information System, online payslips, and other work-related technology, so it’s all in one place. Good for people, good for the planet.
Book a demo
Come and talk to us about Scope 3 for FREE at Reset connect
28 – 29 June 2022 | ExCel London
The UK’s largest sustainability and net-zero event, for business, investors and innovators! With 150+ speakers, 100+ exhibitors, 6 feature hubs, and a dedicated 50+ session conference programme with industry leading speakers.
Register for a free Visitor pass
Unable to see us in person?
We are also hosting an online webinar: Employee benefits that give a damn: It’s time to go sustainable
Tuesday 5th July 2022 |11:00 – 11:45
Topic:
Attraction and retention is still one of the biggest challenges businesses face, along side the growing climate conscious workforce.
With over 80% of employees thinking their employer is not doing enough to address climate change.
To retain talent, boost productivity and build an attractive employer brand, join our CEO Tobin to learn about Lumina. The first ESG focused employee benefits platform, with three tiers so no matter how many employees you have, you can use Lumina to align your benefits with the values of your organisation and your people. Great benefits don’t just look good. They do good.