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MLP Group to become carbon-neutral in 2022

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Jana Schuppel
(Spokesperson)

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Jana Schuppel

  • MLP Group's electricity supply switched over completely to renewable energies at the start of the year
  • Further CO2 emission savings planned at all locations and by all individual companies
  • Climate protection is part of an intensified sustainability management approach in the MLP Group – sustainability report published today

Wiesloch, March 26, 2020 – As presented in the sustainability report published today (https://mlp-se.com/sustainability/), financial services provider MLP is set to become carbon-neutral in the financial year 2022. To this end, CO2 emissions are to be reduced as far as possible. The Group already took an important step in this regard at the start of the year with the switchover of its entire electrical energy supply to renewable energies. This has helped MLP reduce its emissions by around a third. A further focus is now on detailed measurement of the emissions at the individual locations beyond the Group HQ, as well as on measures to deliver additional savings and increased efficiency. Starting from the financial year 2021, all known emissions are to be compensated via investments in climate protection projects. The company is then set to go completely carbon-neutral from 2022 onward.

"Climate protection is an issue that affects us all – so the MLP Group is assuming responsibility and making its own contribution here with the objective of achieving climate neutrality within two years," comments Dr. Uwe Schroeder-Wildberg, Chairman of the Executive Board at MLP. MLP has already been addressing the topic of sustainability systematically since 2016 and is now raising its sustainability management activities to the next level with the objective of achieving climate neutrality. This will also allow MLP to cater even more effectively to the growing interest, especially among clients, yet also among investors, consultants and employees.

The measured greenhouse gas emissions of MLP – recorded in line with the Greenhouse Gas Protocol Corporate Standard, the most widespread international standard for determining carbon footprints – were around 5,400 tonnes of CO2 equivalents in 2019. Electricity consumption, business travel, as well as employees driving to and from work represented the most significant items here.

You can find further information on this in our sustainability report, which is now available at: https://mlp-se.com/sustainability/