Corporate Social Responsibility & Carbon Neutral Targets
As ESG becomes more and more engrained in the investment process, and pervasive in the wider world, Arlingclose aims to do its bit. Sourcing borrowing can also benefit from various ESG metrics. As these features become more prevalent in all areas of treasury management, Arlingclose’ policies aim to encourage and bring these to the fore.
Environmental Policies
Arlingclose maintains an environmental policy which embeds some of our core values within our practices. As a services-oriented business, our operations cause minimal direct environmental impact. However, where possible we try to take into account the direct and indirect environmental impact of our activities.
The major sources of our greenhouse gasses arise from our office and our travel commitments from employees, both of which have declined through the pandemic. To reduce our impact here we use public transport where possible as well as encouraging employees to consider the environmental impact of their actions and adopt green practices where possible.
Within the office, lighting and air-conditioning systems are run on motion sensors and time systems respectively which aims to minimise energy wastage. We also enact a strict paper recycling policy among other recyclables, as well as reduce the amount of paper usage for client meetings.
Carbon Offsetting
What we cannot reduce, we offset. Arlingclose has been Carbon Neutral since the end of 2019. The Verified Carbon Schemes have offset our carbon emissions by planting trees across regions in the UK. This has been through tree-planting in various locations such as schools. For historical emissions, Arlingclose has offset through Verified Carbon Schemes across the world, including various offsetting projects in Africa, building towards a carbon positive Arlingclose.
Paying a Living Wage
Arlingclose is a Living Wage employer with accreditation from the Living Wage Foundation. We pay all staff including interns, apprentices, part time and temporary staff the Living Wage or London Living Wage if based in London. We also ensure any staff who are not directly employed by us but who work regularly on our premises (for example cleaners and concierges) earn the Living Wage. This wage, above the legal minimum, ensures that everyone who contributes to our company can have a decent standard of living.
Community Engagement
Arlingclose supports Liverpool City Council through the Get Connected Pledge. The Get Connected Pledge is a programme to provide internet to families, prioritising those with children in examination years.
The pledge is offering fully funded connections to up to 10,000 households and will see about 12,000 children offered improved access to online education. This also means that older members of each household will be better able to access employment opportunities and training. Connections will be fully funded for 12 months. Arlingclose has funded a number of families based in the Liverpool metropolitan area and continue to support communities where possible.
