ESG

Our stated purpose at QBS is ‘to create sustainable long-term stakeholder value’ and we know that this is only possibly through: our commitment to strong corporate governance, our collaboration to ensuring a healthy planet, and our contribution to an equitable society.

Doing the right thing

 

At QBS we put just as much attention to ‘doing the right thing’ as we do in ‘doing things right’.

Responsibility flows from our purpose through our vision statement, values and motto to the
countless actions that our co-workers take every day.

Net Zero Carbon

By the Summer of 2021 we will be independently verified as NZC (net zero carbon) through our own operations and also our partner, publisher and employee ecosystem. This means that we will accurately define our organisational footprint, agree our boundaries and meet all three scopes of greenhouse gas (GHG) emissions with environmental integrity.

Scope 1: The direct emissions from sources we control including our offices and datacentres.
Scope 2: The indirect emissions from the electricity and gas that we consume.
Scope 3: The wider emissions that we are responsible for through our upstream and downstream supply chain, the commuting and remote working of our employees.

ISO14001

Our QBS Environmental Management System (QEMS) was certified and verified according to BS EN ISO14001:2004 in May 2019 – Certificate No: GBEF1009.

Since then we have developed and articulated our unique set of environmental policies, and linked these to best practices in order to proactively monitor our adherence to policy. Finally our model is to demonstrate ongoing improvement of the standards.

Statutory Reporting on GHG Emissions

We have voluntarily provided environmental disclosure in our annual company audited accounts in compliance with Section 172 (1) (a) to (f) of the Companies Act 2006 since 2020.

From FY22 we will publicly disclose our footprint and progress on our energy use and carbon emissions reduction in compliance with SECR in our annual accounts. Although we are far too small for TCFD – Task Force on Climate-related Financial Disclosure, we will aim to comply with the standard where applicable.

Independent verification

The route to the decarbonisation of QBS is a long and winding one, blending carbon avoidance and removal; and we are both pleased and proud to work with the external party, Planet Mark, as our audit and verification partner.

Pledge to Net Zero

On April 22nd 2021, World Earth Day, our Group CEO formally signed our official Pledge to Net Zero in conjunction with IEMA/SocEnv/EIC/WSP/AECOM.

Pledge to Net Zero was launched in late 2019 and is partnered with the UN’s official global backed campaign ‘Race to Zero’. It requires signatories to commit to deliver a greenhouse gas target in line with either a 1.5oC climate change scenario, or well below 2oC.

Progress to a B Corporation

The QBS team is steadily working towards becoming a certified B corporation and is aiming to achieve over 100 points (25% more than the baseline assessment).

Certifying as a B Corporation goes beyond a product or service certification. It is the only certification that measures a company’s entire social and environmental performance. From supply chain and input materials to charitable giving and employee benefits, B Corp Certification proves a business is meeting the highest standards of verified performance.

We have carefully selected 7 specific
UN Global Goals to be the initial focus
of our sustainability initiatives.

Each of these is closely aligned to our purpose, and represents an area
where we can have authentic and meaningful impact, given the nature
of our business and where we operate.

“Good governance connects our day to day business issues with our purpose. As the Board implements this policy consistently, we will influence behaviour right through the group, and this in turn will become apparent to all of our stakeholders."

Chris Putt, Chairman, QBS Technology Group

“Climate risk is more than a regulatory issue at QBS – it is recognised at board level and sustainability is hardwired into our business model and thus the strategy of the entire organisation.”

Therese Stevinson, Sustainability Officer, QBS Technology Group

“In today’s corporate world, the ability to collaborate with people from diverse values and cultures in extremely important. Inclusion and community engagement is a vital part of our internal culture.”

Anita Bitard, Non Executive Director, QBS Technology Group

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