Environmental Management
Lloyd’s is committed to managing our environmental footprint
The Corporation of Lloyd’s has been measuring its carbon footprint in the UK since 2007.
The Corporation of Lloyd’s most significant environmental impact is through the Lloyd’s Building in the City of London. This houses the Lloyd’s Underwriting Room, as well as over 60% of Corporation of Lloyd’s employees.
We aim to reduce our environmental footprint through a combination of environmental and energy reducing activities. These include:
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Our Environment Working Group, which meets regularly to review our progress against an environmental action plan which covers issues such as waste, transport, energy and procurement.
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Energy saving initiatives – our Property Services team recently completed a two-year programme of projects to improve the energy efficiency of the Lloyd’s Building. As a result, we reduced our electricity consumption and related carbon emissions by 10.7% compared to 2008. We hope to achieve a further 0.5% reduction in 2012.
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100% renewable electricity – we purchase renewable energy for our main office locations in London and Kent.
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Recycling and waste reduction initiatives – a new recycling scheme means that we now have a target to recycle over 85% of the waste from our UK offices.
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Transport – video-conferencing technology has been introduced in our UK and international offices to offer an alternative to air travel.
