Paragon has announced that as of 1 August 2023, every contracted client will be automatically enrolled into its AutoCarbon carbon footprinting programme, meaning that they will receive annual verified carbon footprints based on their spend with Paragon.
AutoCarbon is part of Paragon’s proprietary Carbon Calculator, a programme that provides its clients with an accurate carbon footprint calculation based on their spend with Paragon annually, starting with 2021/22 as the benchmark year. The footprinting methodology uses the company’s verified Scope 1, 2 and 3 emissions, and is claimed to achieve a much more accurate emissions calculation than those based on industry averages.
The programme gives Paragon’s clients a tool to support their own Net Zero efforts and enables them to accurately measure this part of their Scope 3 emissions and to see the impact that Paragon’s decarbonisation plan has on them. The scheme is part of Paragon’s ESG strategy and a key part of its long-term commitment to delivering the lasting change. A key tenet of this framework is to help its stakeholders and clients make informed decisions about their sustainability, to drive responsible choices and behaviours across the whole value chain.
Lucy Klinkenberg-Matthews, head of ESG at Paragon, said, ‘Paragon is built on four key pillars – people, planet, partners and prosperity – so advancing sustainability goals internally and externally is an ongoing priority. The auto-enrolment of new and existing clients into our AutoCarbon programme is our latest contribution to this goal, and a huge milestone for our ESG Strategy. Through this scheme, we will be able to make a tangible difference to our clients’ Net Zero progress as well as our own, by starting important conversations about how we reach our collective goals and how we measure progress.
‘It’s exciting to be leading the way with programmes like AutoCarbon, and we hope that sharing this with our clients will help accelerate progress towards a more sustainable future.’