<aside> 🌱 As a startup, we want and need to grow to survive, but not at the expense of the planet. We believe every player in society should take the climate crisis—the challenge of our generation—seriously. And as a startup with many employees, customers and suppliers we have some leverage—and therefore responsibility. So, here's what we do.

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Core principles

• We have a Climate Action Committee that holds us accountable to these principles and evaluates further actions in (at least) monthly recurring meetings
• We set an internal carbon price of 150 EUR / ton
• In Q1 of each year we:
  • Calculate our total emissions including Scope 1, 2, 3 with an official carbon accounting tool (Plan A)
  • Use our emissions calculations and internal carbon price to determine the budget we spend to either:
    • Pre-purchase carbon credits to support an early stage climate tech startup (in collaboration with ClimAccelerator), or
    • Compensate for the entirety of our emissions using verified high quality carbon credits
  • Evaluate further emission reduction possibilities, that will be recommended to the leadership team and incorporated into the next budget
  • Set a carbon emissions budget for the rest of the year, and track our actual emissions against it on an ongoing basis - at least quarterly.
  • Update our Climate action principles as needed

Operating principles

• We reduce business-related air travel to a minimum by
  • Allow remote working to enable combining or avoiding meetings
  • Encourage people to opt for train for trips that can be done in less than 10h by
    • Offering an alternative solution for travel from each relevant hub to the travel destination (Climate action committee is responsible)
    • Covering the potential extra costs of opting for an alternative solution
    • Counting a travel day as a full workday
  • If air travel is unavoidable for work
    • Ledgy commits to accounting for it as part of their annual emissions (see above)
    • What counts as unavoidable is always a judgement call, taking into account needs of the person and their schedule. The minimum should be to have evaluated train alternatives and actively deciding against it.
• We advocate a low-carbon diet at work by
  • Providing mostly vegan (strictly vegetarian) catering for company-sponsored events (for the reasons see sources 1 and 2)
• We increase efficiency and reduce resource consumption where possible by
  • going paperless, using digital signatures
  • opting for used or as-a-service products where possible to increase second use
  • using renewable-powered servers for our IT infrastructure
• We advocate a carbon neutral commitment by
  • Making our participation in environmental organisations visible to employees, investors, customers and public
  • Making our strategies, current status, and progress to lower emissions transparent
  • Promoting low-carbon practices among our customers and internally
  • Supporting companies tackling the climate crisis by providing a discount to our services
  • Encouraging employees to participate in public discourse around the topic and climate demonstrations

This page was last updated in February 2023, by Ledgy’s Climate Action Committee