Safeguarding our environment | LV= Liverpool Victoria

Environment

As a UK insurer, our environmental impacts are small in comparison to many other businesses. However, we are committed to managing the impacts of our day to day business on the three areas where we have most influence – carbon emissions as a result of our energy consumption, employee travel, and our overall waste management.

Carbon emissions per employee

	2015	2016	2017
Energy usage (tonnes CO2 equivalent per employee)	0.63	0.51	0.51
Business travel (tonnes CO2 equivalent per employee)	0.35	0.30	0.25
Waste* (tonnes)	714	635	645
Recycling* (as a % of overall waste)	95%	96%	95%

*From April 2017 the assumptions on waste and recycling collection weights per volume changed as a result of a change of provider. These different assumptions were applied retrospectively to enable like for like comparison.

Carbon footprint

In 2017 we rolled out a power management tool called Nightwatchman which automatically shuts down our idle desktop workstations after business hours, and then wakes them back up at the start of the next working day. This measure should reduce our carbon footprint by as much as 566 metric tonnes of CO2 a year from next year.

Greenhouse gas emissions

Carbon emissions (tonnes CO2 equivalent per employee)

	2016	2017
Purchased Electricity	0.46	0.44
Purchased Gas	0.05	0.07
Business Travel (land)	0.25	0.21
Business Travel (air)	0.05	0.04
Total	0.81	0.76

Source: LV= Annual report for the year ended 31 December 2017

See our Safeguarding our Environment pages from our Annual Report and Accounts

Safeguarding our environment