Policies & Reports

About SkootEco
- 1.1 Company Profile
- 1.2 Reporting Methodology
Governance and Transparency
- 2.1 Leadership and Governance
- 2.2 Stakeholder Engagement
- 2.3 Ethics and Compliance
Environmental Impact
- 3.1 Carbon Footprint
- 3.2 Carbon Credit and Offset Projects
- 3.3 Resource Management
- 3.4 Environmental Impact of Client Engagements
Social Impact
- 4.1 Workforce Diversity and Inclusion
- 4.2 Employee Wellbeing
- 4.3 Community Engagement
- 4.4 Human Rights and Fair Labour Practices
Economic Impact
- 5.1 Financial Performance
- 5.2 Innovation and Technology
B Corp Commitment
- 6.1 B Corp Certification Journey
- 6.2 B Corp Impact Assessment
Future Targets and Commitments
- 7.1 Short-Term Targets (1-2 Years)
- 7.2 Long-Term Vision (3-5 Years)

Executive Summary

In 2023, SkootEco has made significant strides in advancing our mission to democratise Net Zero and empower organisations and individuals to take meaningful climate action. As a certified B Corporation, we have expanded our focus on the hospitality industry, enabling restaurants, hotels, and events to engage their clients in sustainability journeys through eco-contributions. We have also introduced new environmental initiatives, including plastic removal projects, alongside our established tree planting and carbon offsetting programmes.

This year marks a period of substantial growth, with a 579% increase in revenue compared to 2022, reaching £280.8k. We have maintained our commitment to zero Scope 1 and 2 emissions through our remote-first operating model, while carefully managing our Scope 3 emissions to just 12.00 tCO₂e (1.50 tCO₂e per employee).

Our environmental impact has extended far beyond our own operations, with 537,536 trees planted, 1,600 instances of plastic removal, and 15,600 tonnes of carbon offset through renewable energy projects. We have also facilitated client commitments to counter 170,000 tonnes of carbon by 2027.

We have expanded our geographical reach, establishing new operations in the United States and Switzerland, while building partnerships with major organisations including Oracle, Good Energy, Addison Lee, Coventry Building Society Arena, and D.ream International with brands such as Amazonico and Coya.

This report outlines our achievements, challenges, and future commitments, reflecting our dedication to transparency, continuous improvement, and the creation of a more sustainable future.

1. About SkootEco

1.1 Company Profile

Business Overview
Founded in 2019, SkootEco is a leading climate change platform dedicated to assisting businesses, individuals, and communities in achieving their sustainability goals and progressing towards net-zero emissions. As a certified B Corporation, we offer a range of tailored services designed to integrate sustainability into various sectors, transforming environmental challenges into growth opportunities.

In 2023, our primary focus has been on the hospitality industry, working with restaurants, hotels, and events to engage their clients in sustainability journeys through eco-contributions. Through our platform, we enable these organisations to collect environmental contributions and direct them towards impactful climate action projects, allowing diners and guests to counter their meal's carbon footprint.

Website: skoot.eco

Mission and Vision
Our mission is to empower organisations and individuals to take meaningful climate action today, fostering a cleaner and greener world. We envision a future where sustainable practices are embedded in every aspect of business and daily life, leading to a positive climate impact and enhanced social well-being.
In 2023, we have embraced the mission of democratising Net Zero, making it accessible and understandable for everyone through education and simplified sustainability tools.

Key Services and Sectors
SkootEco's services in 2023 include:

Carbon Countering: Enabling hospitality businesses and events to counter their carbon emissions through verified projects
Tree Planting Initiatives: Facilitating large-scale reforestation projects through client contributions
Plastic Removal: Our newly introduced initiative to combat plastic pollution, particularly in marine environments
Sustainability Education: Providing resources to help clients and their customers understand climate impacts and solutions
Client Engagement Tools: Digital solutions that allow businesses to involve their customers in sustainability initiatives

Our primary sectors of focus in 2023 are:

Restaurants and Food Service
Hotels and Accommodation
Events and Festivals
Retail and Consumer Goods

Geographical Reach
Headquartered in the London Borough of Hackney, United Kingdom, SkootEco has expanded its operations in 2023 to include the United States and Switzerland. This expansion marks an important milestone in our growth trajectory, allowing us to serve clients across multiple international markets.

Organisational Structure
SkootEco maintains a dynamic organisational structure in 2023, with a team of 8 professionals (7 full-time and 1 part-time) working remotely. Our leadership team comprises experienced professionals dedicated to advancing sustainability and corporate responsibility while maintaining our focus on hospitality sector engagement.

1.2 Reporting Methodology

Reporting Period
This sustainability report covers SkootEco's environmental, social, and governance performance for the period January 1 to December 31, 2023.

Reporting Standards and Frameworks Used
This report has been prepared in accordance with:

Global Reporting Initiative (GRI) Standards: Core option
Sustainability Accounting Standards Board (SASB) framework for Professional Services
Task Force on Climate-related Financial Disclosures (TCFD) recommendations
UN Sustainable Development Goals (SDGs) alignment

Data Collection Methods
Our data collection process includes:

Internal surveys and interviews with team members
Digital monitoring of resource consumption
Comprehensive GHG emissions calculation using the GHG Protocol
Documentation review and analysis

Scope of Reporting
This report covers SkootEco's direct operations and value chain impacts, including:

Direct environmental impacts of our remote operations
Indirect environmental impacts through our supply chain
Social impacts on employees, clients, and communities
Governance practices and ethical standards
Economic contributions and innovations

Materiality Assessment Process
We have conducted a comprehensive materiality assessment to identify the sustainability topics most relevant to our business and stakeholders. The process involved:

Industry benchmarking and best practice analysis
Internal leadership workshops
Prioritisation based on impact significance and stakeholder importance

2. Governance and Transparency

2.1 Leadership and Governance

Board Composition
SkootEco's Board of Directors comprises individuals with diverse backgrounds in accountancy, business management, technology, marketing, and PR. Our board structure ensures balanced representation and expertise to guide our strategic direction.

Board Members:

Ashish Devi-King, Chairperson – Over 20 years in M&A and corporate finance from public companies, Credit Suisse and Deloitte. Today, runs the tech specialist investment advisory firm that he founded
Greg Gormley, CEO – Over 35 years of experience in the technology industry, including co-founding Bink, a digital aggregator with Barclays and Lloyds. Accountant and mentor to multiple startup businesses
Mark Stringer, CMO – 30-year marketing career developing and launching brands and companies. Experience with blue-chip, entertainment, and restaurant brands, including Red Bull, Nando's, and Virgin.
Miles Power, Non-Executive Director – Owner and founder of Bibbeo Ltd and family wealth office US-based ESG investor
Ruby Khnom, Board Advisor – Technology lawyer at Pinsent Masons, trained at Clifford Chance, advises technology businesses from start-up to large institutional companies

Governance Structure
Our governance framework is designed to promote accountability, transparency, and effective decision-making. Key elements include:

Board oversight of sustainability performance
Executive leadership team responsible for implementation
Cross-functional working groups for specific sustainability initiatives
Regular reporting and performance reviews

Sustainability Leadership
Sustainability governance at SkootEco is led by our CEO and supported by dedicated sustainability champions across the organisation. Our sustainability committee meets quarterly to review progress, address challenges, and drive continuous improvement.

Ethical Decision-Making Processes
We have established robust processes for ethical decision-making, including:

Ethics guidelines integrated into our decision frameworks
Consideration of environmental and social impacts in all major decisions
Consultation with affected stakeholders
Transparency in reasoning and outcomes

2.2 Stakeholder Engagement

Key Stakeholder Groups
Our key stakeholders include:

Employees and contractors
Clients and partners
Sustainability peers and industry networks
B Corp community
Local communities
Suppliers and service providers
Environmental and social advocacy groups

Engagement Methods
We engage with our stakeholders through:

Regular surveys and feedback mechanisms
One-on-one consultations and interviews
Industry forums and collaborative initiatives
Digital communication platforms
Community events and partnerships

Stakeholder Feedback Mechanisms
We have implemented various channels for stakeholder feedback:

Weekly pulse check for employees
Client satisfaction assessments
Community engagement evaluations
Open-door policy for direct communication

Materiality Matrix
Our materiality matrix identifies and prioritises sustainability topics based on their importance to stakeholders and their significance to our business. Top material issues include:

Climate change mitigation and adaptation
Ethical business practices
Employee wellbeing and development
Client impact and responsible service delivery
Digital sustainability and responsible technology use

2.3 Ethics and Compliance

Ethical Business Practices
SkootEco is committed to the highest standards of ethical conduct. Our ethics framework includes:

Code of Ethics and Business Conduct
Regular ethics training for all team members
Ethics consideration in client selection and project scoping
Transparent reporting on ethical performance

Anti-Corruption Measures
Our anti-corruption policies and procedures include:

Zero tolerance for bribery and corruption
Due diligence processes for partners and suppliers
Gift and hospitality guidelines
Regular training and awareness raising

Whistleblowing Mechanisms
We have established confidential channels for reporting ethical concerns:

Anonymous reporting system
Non-retaliation policy for whistleblowers
Independent investigation process
Regular reporting on whistleblowing cases (with appropriate confidentiality)

Compliance with Regulations
SkootEco maintains rigorous compliance with all applicable laws and regulations, including:

Environmental legislation
Employment and labour laws
Data protection and privacy regulations
Financial and tax requirements
Industry-specific standards

Ethical Supply Chain Management
Our approach to ethical supply chain management includes:

Supplier Code of Conduct
Environmental and social screening criteria
Preference for B Corp and sustainable suppliers
Regular supplier performance reviews
Capacity building for key suppliers

3. Environmental Impact

3.1 Carbon Footprint

Total Organisational Carbon Emissions
In 2023, SkootEco's total greenhouse gas emissions amount to 12.00 tCO₂e, a significant reduction from 26.24 tCO₂e in 2022. As a remote-first organisation since our founding, we have maintained our commitment to minimising direct environmental impacts.

Scope 1, 2, and 3 Emissions Breakdown
Our emissions profile reflects our remote operating model:

Scope	Emissions (tCO₂e)	Percentage
Scope 1	0.00	0%
Scope 2	0.00	0%
Scope 3	12.00	100%
Total	12.00	100%

Scope 3 Emissions Breakdown

Category	Emissions (tCO₂e)	Percentage of Scope 3
Business Travel	7.46	62.2%
Cloud Services	2.16	18.0%
IT Equipment	0.90	7.5%
Employee Commuting	0.46	3.8%
Purchased Goods	0.40	3.3%
Waste Generated	0.31	2.6%
Home Working	0.20	1.7%
Video Conferencing	0.12	1.0%
Total Scope 3	12.00	100%

Business Travel Emissions Detail

3 return long-haul flights: 6.64 tCO₂e
11 return train journeys: 0.67 tCO₂e
10 hotel nights: 0.15 tCO₂e

Carbon Intensity Metrics
Our carbon intensity metrics provide context for our emissions:

Per employee: 1.50 tCO₂e per employee, slightly higher than the 1.46 tCO₂e per employee in 2022
Per revenue: 0.0000427 tonnes CO₂e per £1 revenue, a significant improvement from 0.000637 tonnes CO₂e per £1 revenue in 2022, reflecting our increased revenue efficiency

Emissions Reduction Strategies
We have implemented various strategies to minimise our carbon footprint:

Remote-First Model: Operating as a fully remote company since inception, eliminating emissions associated with office buildings and daily commuting for most employees
Digital-First Approach: Utilising digital solutions to minimise physical resource consumption
Travel Policy: Prioritising virtual meetings over in-person meetings when possible and economy-class travel when necessary
Supplier Selection: Choosing suppliers with strong environmental credentials and sustainability commitments
Technology Optimisation: Regular reviewing of our digital footprint to minimise the environmental impact of our cloud services and digital tools

3.2 Carbon Credit and Offset Projects

Portfolio of Carbon Credit Projects
While our primary focus is on reducing our emissions, we recognise the importance of offsetting unavoidable emissions. In 2023, we have invested in 15,600 tonnes of carbon offsets through renewable energy projects, a significant increase from the 5,000 tonnes in 2022, alongside our tree planting and plastic removal initiatives.

Our carbon offset portfolio has expanded in 2023 to include:

Renewable energy projects in developing countries
Community-focused initiatives that provide both environmental and social benefits
Projects verified under recognised international standards

Through partnerships

with major organisations including Oracle, Good Energy, Addison Lee, Coventry Building Society Arena, and D.ream International, we have been able to significantly scale the impact of our carbon offset projects in 2023.

Verification Standards
All carbon offset projects in our portfolio are verified under recognised standards, including:

Gold Standard
Verified Carbon Standard (Verra)
American Carbon Registry
UK Woodland Carbon Code

Impact Measurement
We measure the impact of our offset projects through:

Quantified emissions reductions
Contribution to climate resilience
Alignment with the UN Sustainable Development Goals
Long-term sustainability of project outcomes

Community and Biodiversity Benefits
Beyond carbon reductions, our offset projects deliver co-benefits including:

Local community economic development
Biodiversity conservation and enhancement
Health and wellness improvements
Education and capacity building
Gender equality advancement

3.3 Resource Management

Energy Consumption
As a fully remote organisation, SkootEco has:

Zero direct energy consumption from company-owned or controlled facilities
No purchased electricity, heating, cooling, or steam for company operations

We do monitor and work to minimise the estimated energy consumption associated with:

Employee Home Working: We estimate our employees' home working energy usage to be approximately 12 kWh per employee per day
Cloud Computing: Our digital infrastructure consumes an estimated 3.2 kWh per user per day
Video Conferencing: Approximately 100 hours of video conferencing per month

We support energy-efficient home working practices through guidelines for energy-efficient home office setups and recommendations for renewable energy providers.

Water Usage
As a fully remote company without physical offices, SkootEco maintains:

Zero direct water consumption from company operations
No water discharges from company activities

We track and monitor these metrics, committed to maintaining zero direct water consumption through our remote-first approach. We provide guidance to our team on water conservation practices for home offices and awareness of virtual water footprints in digital activities.

Waste Management
Our remote operating model results in:

Zero direct waste from company-owned facilities
No hazardous waste from company operations

We estimate:

Remote worker waste generation: Approximately 120 kg per employee per year
Waste recycling rate: Approximately 30% (based on UK averages)

We implement digital-first policies, equipment lifecycle management, and responsible disposal guidelines to minimise waste generation throughout our value chain.

Recycling and Circular Economy Initiatives
Our circular economy initiatives include:

IT equipment refurbishment and donation programme
Digital-first documentation to minimise paper usage
Sustainable procurement focusing on durable, repairable products
Employee education on circular economy principles
Guidance for responsible disposal and recycling

3.4 Environmental Impact of Client Engagements

Client Sustainability Initiatives
In 2023, SkootEco has focused on enabling hospitality businesses to implement sustainability initiatives through our platform. Key achievements include:

Tree Planting: Facilitated the planting of 537,536 trees through client eco-contributions, a 61% increase from the 333,202 trees planted in 2022
Plastic Removal: Enabled the removal of 1,600 instances of plastic from the environment through our newly introduced plastic removal initiative
Carbon Offsetting: Facilitated 15,600 tonnes of carbon offset through renewable energy projects, a significant increase from 5,000 tonnes in 2022
Future Commitments: Helped clients make commitments to counter 170,000 tonnes of carbon by 2027

Environmental Education and Awareness
A core focus of our work in 2023 has been democratising Net Zero through education:

Client Education: Provided resources and tools to help hospitality businesses understand their environmental impact and communicate sustainability initiatives to customers
Consumer Awareness: Developed digital tools that engage consumers in sustainability journeys, making climate action more accessible and understandable
Impact Visualisation: Created innovative ways to help stakeholders visualise the impact of their contributions, increasing engagement and motivation

Technology Solutions for Sustainability
We have developed and implemented various technology solutions to enhance sustainability outcomes:

Customer-facing carbon calculators
Sustainability impact tracking dashboards
Digital platforms for engaging consumers in eco-contributions
Environmental impact assessment tools

4. Social Impact

4.1 Workforce Diversity and Inclusion

At SkootEco, we recognise that diversity strengthens our ability to address global sustainability challenges. With a team of 8 employees, we are committed to fostering an inclusive, equitable, and flexible work environment that reflects a broad range of experiences, backgrounds, and perspectives.

Our workforce demographics follow similar patterns to our 2022 commitment to diversity and inclusion, emphasising our consistent approach to creating an inclusive workplace.

4.2 Employee Wellbeing

SkootEco prioritises employee well-being, satisfaction, and development, ensuring that every team member feels supported both professionally and personally.
Our employee well-being initiatives in 2023 include the same comprehensive benefits package offered in 2022, demonstrating our ongoing commitment to employee welfare.

4.3 Community Engagement

In 2023, SkootEco has continued to develop partnerships and initiatives to create positive community impact, with a focus on environmental restoration and sustainability education.

4.4 Human Rights and Fair Labour Practices

SkootEco maintains its commitment to upholding the highest labour standards, human rights protections, and ethical practices across its operations and supply chain throughout 2023, following the same principles and practices outlined in our 2022 approach.

5. Economic Impact

5.1 Financial Performance

Economic Value Generated and Distributed
SkootEco has demonstrated remarkable financial growth in 2023, with revenue increasing by 579% compared to 2022, reaching £280.8k. This substantial growth reflects the increasing demand for our sustainability services in the hospitality sector and our successful partnerships with major organisations.

Distribution of Economic Value:

Employee Wages and Benefits: £278,195, representing a significant investment in our team despite a reduction from £619,605 in 2022 due to our streamlined workforce
Operational Costs: £452k, covering core business expenses including technology infrastructure, marketing, and service delivery, an 8.6% increase from £416k in 2022
Community Contributions: £80k directed towards community initiatives, representing a substantial 35-fold increase from £2,273 in 2022
Investment Received: £1,379,811, enabling us to scale our impact and develop new environmental initiatives, almost double the £700,694 raised in 2022

Investment in Sustainability
Sustainability remains at the heart of SkootEco's financial strategy in 2023. We have facilitated significant environmental impact through our platform:

537,536 trees planted, a 61% increase from 333,202 in 2022
1,600 instances of plastic removed from the environment through our newly introduced initiative
15,600 tonnes of carbon offset through renewable energy projects, more than tripling the 5,000 tonnes in 2022
Commitments secured for countering 170,000 tonnes of carbon by 2027

Economic Contributions to Communities
SkootEco actively supports communities through financial and strategic contributions, including:

Job Creation: We have maintained a team of 8 professionals in 2023, optimised from 18 in 2022 for greater efficiency
Local Supplier Engagement: Prioritising local and sustainable suppliers
Environmental Restoration Projects: Directing resources to high-impact environmental initiatives
Strategic Partnerships: Collaborating with major organisations including Oracle, Good Energy, Addison Lee, Coventry Building Society Arena, and D.ream International

Financial Resilience
To ensure long-term financial stability, SkootEco has implemented:

Revenue Diversification: Expanding from our initial focus to include various services within the hospitality sector
Risk Management Strategies: A balanced financial approach to ensure stability
International Expansion: Establishing operations in the United States and Switzerland to diversify market presence

5.2 Innovation and Technology

R&D Investments
Innovation remains a core pillar of SkootEco's strategy in 2023, with £372,162 allocated to research and development, representing a slight decrease from £435,438 in 2022 but still a significant investment relative to our size. Our R&D focus includes:

Development of our hospitality-focused sustainability platform
Creation of user-friendly environmental impact calculators
Design of consumer engagement tools for climate action
Introduction of our plastic removal initiative alongside existing tree planting programmes

Technology for Social and Environmental Impact
SkootEco leverages technology to drive both environmental and social benefits:

Eco-contribution Platforms: Enabling businesses to collect and direct environmental contributions
Impact Visualisation Tools: Helping stakeholders understand the tangible results of their actions
Sustainability Education Resources: Making climate science and solutions accessible to wider audiences

Industry Recognition
Our technological innovation and impact have been recognised in 2023 through:

Inclusion in the Fintech 50 top companies
Winner of the Global Good Awards: Best Start-up Enterprise 2023

6. B Corp Commitment

6.1 B Corp Certification Journey

SkootEco maintains its status as a certified B Corporation throughout 2023, continuing to uphold the high standards of social and environmental performance, transparency, and accountability that the certification represents.
Our B Corp journey in 2023 builds upon our initial certification in 2022, when we earned our "Best for the World" recognition in the Governance category.

6.2 B Corp Impact Assessment

We continue to align our practices with the B Impact Assessment framework throughout 2023, working to maintain and improve our performance across all impact areas.

7. Future Targets and Commitments

7.1 Short-Term Targets (1-2 Years)

As we conclude 2023, SkootEco establishes the following short-term targets for 2024-2025:

Environmental Targets:

Maintain zero Scope 1 and 2 emissions through our remote-first model
Strengthen our sustainable procurement policy to address Scope 3 emissions
Expand our environmental initiatives to include additional impact areas
Increase the volume of carbon offset and tree planting facilitated through our platform

Social Targets:

Continue to invest in community impact carbon credits
Maintain

our commitment to donate over 1% of revenue to charitable causes

Expand corporate partnerships to facilitate broader environmental impact

Governance Targets:

Continue to strengthen our B Corp performance
Enhance transparency in sustainability reporting

7.2 Long-Term Vision (3-5 Years)

Our long-term sustainability vision includes:

Strategic Sustainability Roadmap:

Further develop our platform to enable more businesses to engage in climate action
Extend our impact across additional sectors beyond hospitality
Maintain carbon neutrality through a combination of reduction strategies and verified carbon offsets
Continue international expansion beyond the US and Switzerland

Transformative Goals:

Significantly scale our environmental impact through our platform
Enable client organisations to collectively reduce emissions at scale
Democratise Net Zero by making climate action accessible to businesses of all sizes

Commitment to Continuous Improvement:

Annual sustainability reporting and transparent disclosure
Ongoing stakeholder engagement to inform our approach
Investment in sustainability innovation and capabilities

This report represents SkootEco's commitment to transparency and continuous improvement in our sustainability journey during 2023. We welcome feedback and engagement from all stakeholders as we work toward a more sustainable future.

Contact Details

If at any time you would like to contact us with your views about our privacy practices, or with any enquiry relating to your Personal Data, please use one of the following means:

By email:

[email protected]

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