NorthStar Is Now a ‘Climate Positive’ Company
At NorthStar, we believe the long-term sustainability of our planet is crucial. Last week (22 April) we supported Earth Day 2021. In support of this movement, we are pleased to announce that NorthStar is now a ‘climate positive’ company. We have partnered with Ecologi, one of the UK’s leading environmental organisations to help us achieve this commitment.
This means we go further than being ‘carbon neutral’ or achieving ‘net zero carbon’. We are committed to creating an environmental benefit by removing more greenhouse gas emissions from the global environment than our business generates.
We offset more than our entire carbon footprint and help fund the world’s best climate crisis solutions. Every month we finance a number of innovative carbon reduction projects and contribute funding to ensure the planting of groves of trees in our company forest.
How we achieve our climate positive commitment
Through our partnership with Ecologi, we achieve this commitment in three key ways:
1. Employee carbon footprint offset scheme. Every member of our team is climate positive. This means we offset more than our entire carbon footprint, including emissions from all business activities as well as employees homes, personal travel, holidays, food, hobbies and more.
2. Business travel offset scheme. We are committed to minimising business travel wherever possible but some business trips are unavoidable. That’s why we offset all business travel by planting trees and financing carbon reduction projects around the world.
3. Planting trees & funding climate projects. We help fund the world’s best climate crisis solutions. Every month we finance a number of innovative carbon reduction projects and contribute funding to ensure the planting of groves of trees in our company forest.
The view more details about our partnership with Ecologi and how we are helping fund tree planting and carbon reduction projects, please view our Ecologi profile.
About Ecologi
Ecologi is one of the UK’s leading environmental organisations. Here is how they describe their mission:
“Our collective home is in the process of being turned totally upside down which is leading to strife for almost all life on Earth. We know it’s preventable. And we know it’s not going to save itself. So, it is up to us to solve it. But what levers can we pull? Reducing our carbon footprint is entirely necessary, but the transition of change is far slower than the time we have remaining. The tools that we associate with fighting climate change are inadequate. What if that changed and the billions of us who care became empowered? There are enough climate solutions that are out there right now, that if we supported them, it’d undo 30 years of carbon damage by avoiding 1,500 billion tonnes of CO2. This is our opportunity.”
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The content of this article is for information purposes only and does not constitute a personal financial recommendation. You should always speak to a regulated financial planner before taking financial advice. This article is intended for UK residents only. All information correct at time of publication.
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Awards, Accreditations & Trade Associations
NorthStar is proud to be a member of the leading financial planning trade associations. Through a continued commitment to adhere to the highest professional standards and deliver exceptional service, NorthStar has received a number of awards and professional accreditations.