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ESG Report 2024

Last revised on Feb 28, 2025.

Submitted: Feb 27, 2025

Table of Contents

  • About SkootEco
    • Company Profile
    • Reporting Methodology
  • Governance and Transparency
    • Leadership and Governance
    • Stakeholder Engagement
    • Ethics and Compliance
  • Environmental Impact
    • Carbon Footprint
    • Carbon Credit and Offset Projects
    • Resource Management
    • Environmental Consultancy Impact
  • Social Impact
    • Workforce Diversity and Inclusion
    • Employee Wellbeing
    • Community Engagement
    • Human Rights and Fair Labour Practices
  • Economic Impact
    • Financial Performance
    • Innovation and Technology
  • B Corp Commitment
    • B Corp Certification Journey
    • B Corp Impact Assessment
  • Future Targets and Commitments
    • Short-Term Targets (1-2 Years)
    • Long-Term Vision (3-5 Years)

Executive Summary

In 2024, SkootEco reinforced its commitment to environmental sustainability and social responsibility, achieving significant milestones across various impact areas. As a Top 5% B Corporation, we have expanded our services, deepened stakeholder engagement, and enhanced our environmental and social initiatives. This report outlines our achievements, challenges, and future commitments, reflecting our dedication to continuous improvement and transparency.

1. About SkootEco

1.1 Company Profile

Business Overview

Founded in 2019, SkootEco is a leading ESG consultancy and 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.

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.

Key Services and Sectors

SkootEco provides comprehensive ESG consultancy services, including:

  • Carbon & Net Zero Strategies: Assisting organisations in identifying their Scope 1, 2, and 3 emissions, setting actionable reduction targets for 2030 and 2050, and guiding them on the path to net zero.
  • Accreditation Guidance: Supporting companies in achieving certifications like B Corp and CDP, ensuring credibility and alignment with industry standards.
  • Integrated ESG Team: Equipping organisations with the skills and guidance needed to embrace ESG practices and thrive in a changing world.
  • Reporting & Disclosure: Simplifying the evolving landscape of reporting and disclosure, aligning frameworks with business goals.
  • Sustainability Strategy: Developing tailored strategies to embed sustainability into core business operations.
  • Responsible Communications: Creating compelling, transparent messages that resonate with audiences and highlight sustainability achievements.

We serve a diverse range of industries, including Food & Drink, Professional Services, Venues & Arenas, Events & Festivals, E-Commerce, Financial Services, Leisure & Tourism, Media & Communications, Private Equity, Real Estate & Property, Retail & Wholesale, and Sporting Events.

Geographical Reach

Business registered in the London Borough of Hackney, United Kingdom, SkootEco operates primarily within the UK, collaborating with businesses and communities to drive sustainability initiatives.

Organisational Structure

SkootEco maintains a dynamic organisational structure, fostering collaboration across various departments, including consultancy services, project management, research and development, and client engagement. Our leadership team comprises experienced professionals dedicated to advancing sustainability and corporate responsibility.

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, 2024.

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 included:

  • 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 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 Clifford Chance, Advises technology businesses from start-up to large institutional Co’s.

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 prioritizes 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 labor 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 2024, SkootEco's total greenhouse gas emissions amounted to 22.13 tCO₂e. 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 22.13 100%
Total 22.13 100%

Scope 3 Emissions Breakdown

Category Emissions (tCO₂e) Percentage of Scope 3
Business Travel 16.19 73.2%
Cloud Services 2.97 13.4%
IT Equipment 1.34 6.1%
Waste Generated 0.42 1.9%
Purchased Goods 0.40 1.8%
Employee Commuting 0.31 1.4%
Home Working 0.28 1.3%
Video Conferencing 0.22 1.0%
Total Scope 3 22.13 100%

Business Travel Emissions Detail

  • 5 return long-haul flights: 11.08 tCO₂e
  • 10 return short-haul flights: 4.60 tCO₂e
  • 35 hotel nights: 0.53 tCO₂e

Carbon Intensity Metrics

Our carbon intensity metrics provide context for our emissions:

  • Per employee: 2.01 tCO₂e per employee
  • Per revenue: 0.00003726 tonnes CO₂e per £1 revenue

Emissions Reduction Strategies

We have implemented various strategies to minimize 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: Utilizing digital solutions to minimize physical resource consumption
  • Travel Policy: Prioritizing 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 Optimization: Regularly reviewing our digital footprint to minimize 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 recognize the importance of offsetting unavoidable emissions. Our carbon offset portfolio includes:

  • High community impact rural home biogas project in Kenya
  • High social impact Renewable energy in India
  • Biodiversity and preservation project CCB label in Indonesia

Verification Standards

All carbon offset projects in our portfolio are verified under recognized 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 organization, 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 minimize 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 180 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 minimize waste generation throughout our value chain.

Recycling and Circular Economy Initiatives

Our circular economy initiatives include:

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

3.4 Environmental Consultancy Impact

Client-Facing Sustainability Projects

In 2024, SkootEco delivered over 20 sustainability projects across 30 clients, helping them identify, measure, and reduce their environmental impacts.

Environmental Impact of Client Engagements

Through our client engagements, we have enabled:

  • 40,000 tCO₂e emissions countered
  • 398,237 trees planted
  • 6045 plastics prevented from the ocean

Technology Solutions for Sustainability

We have developed and implemented various technology solutions to enhance sustainability outcomes:

  • Online carbon calculators for SMEs and Events
  • Sustainability reporting dashboards
  • On-demand countering through users dashboard
  • 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 small but dynamic team of 11 employees, we are committed to fostering an inclusive, equitable, and flexible work environment that reflects a broad range of experiences, backgrounds, and perspectives.

Workforce Demographics

  • Age Diversity: 36% are over the age of 50
  • Gender Representation: 2 female employees (18%)
  • Leadership Representation: 25% female managers
  • Diversity: 40% of our team represents diverse backgrounds, including LGBTQ+ individuals, various religious affiliations, and ethnically diverse communities.
  • Global Workforce: Employees work remotely internationally, embracing a borderless workforce model.

SkootEco actively promotes equitable hiring, training, and career advancement opportunities through:

  • Remote-First Policy: Employees can work from any location, ensuring inclusivity and accessibility.
  • Unbiased Recruitment Processes: We use structured interviews and skills-based hiring to reduce unconscious bias.
  • Flexible Work Culture: Employees choose their own working hours, promoting work-life balance and individual productivity.
  • Connectivity Allowance: Employees receive a connectivity allowance for their home internet connection.
  • IT Equipment: Employees receive IT equipment for their home offices.

Pay Equity Analysis

  • Gender Pay Gap: 0% gender pay gap—all employees receive equal pay for equal work regardless of gender.
  • Transparent Salary Bands: SkootEco maintains clear and open salary structures, ensuring fairness and accountability.

4.2 Employee Wellbeing

SkootEco prioritises employee well-being, satisfaction, and development, ensuring that every team member feels supported both professionally and personally.

Employee Satisfaction Metrics

  • 100% remote workforce, enabling work-life flexibility.
  • Low turnover rate, with employees reporting high job satisfaction.
  • Annual employee well-being survey to measure workplace engagement and morale.
  • Weekly pulse checks for friendly chats and team bonding.

Professional Development Programmes

  • Learning Stipend: Employees can receive an education budget for courses, certifications, and professional growth.
  • Leadership Training: Managers can receive specialised leadership coaching to support career progression.
  • Cross-Functional Training: Employees are encouraged to expand their skill sets through collaborative projects.

Health and Wellness Initiatives

  • Private healthcare coverage for all payroll employees, including mental health support and physiotherapy.
  • Wellness allowance: Employees can choose between gym memberships, therapy sessions, dance classes, or wellness apps.

Work-Life Balance Strategies

  • 33 Days Annual Leave plus:
    • Birthday Off: Employees get an extra day off for their birthday.
    • Charitable Work Day: One fully paid day off for volunteering with an environmental or social cause.
    • Moving Day Off: Additional time off for employees relocating homes.
    • Flexible Working Hours: Employees have autonomy over their schedules, ensuring work adapts to personal needs.

Commitment to Continuous Improvement

SkootEco remains dedicated to enhancing workforce diversity, employee well-being, and social impact initiatives. Through regular feedback, transparent reporting, and continuous learning, we aim to be a leading employer in the sustainability sector.

4.3 Community Engagement

Charitable Partnerships

SkootEco partnered with OnePlate Charity in 2024. OnePlate's sustainable food projects have a profound impact on children in developing countries. By establishing initiatives such as urban rooftop gardens, aquaculture systems, and fruit orchards, OnePlate provides communities with the tools and knowledge to cultivate their own nutritious food sources. This approach ensures that children have consistent

access to fresh meals, significantly improving their health and well-being.

SkootEco partnered with Earthwatch in 2024 to transform two school grounds in some of the most deprived areas of London. This partnership supported our clients in their social impact journey.

Skills-Based Volunteering

At SkootEco, we help our clients create meaningful social impact by connecting them with initiatives that support underprivileged communities.

  • Work Experience for Students: We facilitate work experience opportunities for students from Tower Hamlets.
  • Bursary Collection for Primary Schools: Through partnerships, we enable clients to contribute to a bursary fund benefiting primary schools in Tower Hamlets.

4.4 Human Rights and Fair Labour Practices

SkootEco is committed to upholding the highest labour standards, human rights protections, and ethical practices across its operations and supply chain.

Labour Standards

SkootEco adheres to internationally recognized labour rights frameworks, including the UN Global Compact and International Labour Organization (ILO) Standards.

Supply Chain Human Rights Assessment

SkootEco integrates 3rd party assessments into its procurement and supplier management processes.

Fair Compensation Practices

At SkootEco, we believe in equitable pay structures and fair compensation.

Worker Protection Measures

SkootEco implements robust worker protection policies to ensure a safe, inclusive, and supportive work environment.

5. Economic Impact

5.1 Financial Performance

Economic Value Generated and Distributed

SkootEco has demonstrated significant financial growth over the past three years, reinforcing its commitment to sustainable business practices while ensuring economic stability.

Distribution of Economic Value:

  • Employee Wages and Benefits: 103.75% of total revenue
  • Operational Costs: 53.3% of the total revenue
  • Community Contributions: 4.48% directed towards community initiatives

Investment in Sustainability

£240k invested in sustainability in 2024, including carbon offset projects and the development of new carbon reduction tools.

5.2 Innovation and Technology

R&D Investments

Innovation is a core pillar of SkootEco’s strategy, with continuous investments in technology to enhance environmental impact solutions.

Technology for Social and Environmental Impact

SkootEco leverages technology to drive both environmental and social benefits.

6. B Corp Commitment

6.1 B Corp Certification Journey

SkootEco is a sustainability-focused company that has achieved B Corp Certification, reflecting its commitment to high social and environmental performance, transparency, and accountability.

Areas for Improvement:

  • Community: Enhance its impact through deeper community involvement.
  • Customers: Further develop customer stewardship.

6.2 B Corp Impact Assessment

SkootEco’s B Impact Score was 92.2 in 2022, placing it in the top 5% of B Corps.

7. Future Targets and Commitments

7.1 Short-Term Targets (1-2 Years)

  • Environmental Targets: Reduce business travel emissions by 15%.
  • Social Targets: Continue to donate over 1% of revenue to charitable causes.
  • Governance Targets: Achieve B Corp recertification with an improved score.

7.2 Long-Term Vision (3-5 Years)

  • Achieve net-zero emissions across the value chain.
  • Encourage clients to collectively reduce emissions.

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

© 2024 SkootEco Ltd. | skoot.eco

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]
  • By mail or courier to:
Attn: Privacy Officer
SkootEco Group Ltd.
86-90 Paul Street, 3rd Floor
London, England
EC2A 4NE
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