The challenge
- Regulatory diversity
- Stakeholder expectations
- Organisational integration
- Evolving landscape
The objective
Catlin, a global leader in insurance and reinsurance, recognised the critical need to enhance its sustainability practices in response to increasing regulatory demands and stakeholder expectations. Catlin set ambitious targets for 2019, focusing on reducing its carbon footprint, improving energy efficiency, and promoting recycling across its global offices.
The solution
Transitioning to green energy by sourcing 50% of energy from renewable sources by 2019 through partnerships and investments.
Establishing waste reduction and recycling programmes, with recycling facilities in 80% of offices and employee awareness campaigns.
Pursuing LEED certification for offices through renovations and constructions emphasising energy efficiency and sustainable materials.
Benefits
Significant emission reductions
Catlin achieved a 20% reduction in Scopes 1 and 2 emissions per square metre, demonstrating a strong commitment to minimising environmental impact whilst growing extensively as a business.
Enhanced energy efficiency
With 50% of energy sourced from green sources, Catlin significantly improved its energy efficiency and carbon intensity.
Increased employee engagement
By ensuring that 85% of employees work in LEED-certified offices, Catlin fostered a culture of sustainability within the organisation.
Results
- Through its focused sustainability initiatives, Catlin has made significant strides in reducing its carbon footprint and enhancing its operational efficiency.
- The company has strengthened its competitive position in the insurance and reinsurance market by aligning its practices with industry standards and stakeholder expectations.