ESG· 3min May 2, 2023
As the world becomes more aware of the impact that human activity has on the environment, it is becoming increasingly important for companies to take action to reduce their carbon footprint. At Form3, reducing our environmental impact is a priority and we believe that the best way to achieve this is to become a net-zero organisation.
The first step of this process is to understand our emissions. To do this we’re currently in the process of calculating our carbon footprint with the help of Furthr. Once these calculations are finalised, we’ll work with Furthr to help us reduce our emissions as much as possible by setting science-based targets, developing low carbon business models, and offsetting the balance.
In addition, we’re proud to have a number of initiatives already in place that reduce our environmental impact. These include:
Data centres and cloud data:
Renting home office equipment
Regular environmental assessments:
Our executive ESG sponsor:
Cycle to work scheme:
Environmental awareness training:
As reducing our environmental impact and having a positive impact on the earth is such a priority for Form3, we’re also incorporating this into our company culture. So as part as our caledandar of social events (known as the Fun3 Social Calendar) which aligns with our ESG strategy (and which you can find in our dedicated section of our Form3 Culture page here), we’ve begun celebrating some environmental awareness days to boost engagement and create awareness.
The most recent one was Earth Day, which was celebrated worldwide on April 22nd. Earth Day is dedicated to educating people around the globe about the value of protecting the environment and honouring the achievements of the environmental movement!
Each year Earth Day has a different theme; this year, the theme was “Invest in Our Planet.” Based on building sustainability, it highlights the importance of dedicating our time, resources, and energy to solving climate change and other environmental issues, which makes it an especially important one for businesses to take part in!
From the 17th – 23rd of April 2023, we got together to celebrate Earth Day with a 7-day environmental activity challenge, where we set ourselves the target to plant 1,000 trees as a company! Each activity completed was worth points, and for every 5 points Form3 planted a tree!
We created a dedicated internal Slack channel where our team would share the activities they had completed. Here are just some of things that kept them busy, and the points awarded for each:
It was great to see so many of our colleagues get involved from all over the world - everyone’s efforts which meant we were able to plant 1,242 trees!
And why did we do this? We wanted to take the time to recognise Earth Day to raise awareness of the need to preserve the environment by reducing our impact in a way that could involve all of our team, wherever they may be – small changes that we can all make add up to make a huge impact!
We know there’s more to be done to reduce our environmental impact and achieving this is a priority for Form3, in line with our ESG strategy. We are committed to being a sustainable company that contributes to a more sustainable future for all, and we want to continue to involve everyone as much as possible.
We look forward to sharing more with you as we continue our journey!