GOVERNANCE
FINANCIAL STATEMENTS
strategic report
The Group’s strategic priorities are aligned to growth and careful planning is needed to achieve that growth without an undue impact on our transition to net zero. Climate change and wider sustainability issues are important considerations when making strategic decisions.
LINK TO JUST’S STRATEGIC PRIORITIES
OUR PILLARS
OUR COMMITMENT
HOW WILL WE ACHIEVE OUR AMBITION?
FINANCIAL IMPACT
2023 FOCUS
Attain net zero in our near term own operations target by 2025 Attain net zero in our scope 3 emissions by 2050
Understand, measure and analyse our baseline, then identify areas of efficiencies and initiatives to enact
£1m estimated in future costs to upgrade the energy efficiency of our office property Illustrative impacts identified in risk management section
Increased momentum for initiatives to net zero
Decarbonise our LTM and non-LTM portfolios
Further enhance scenario analysis for transition planning and risk management Further education on business travel impacts and sustainable travel
Transform the way we work
LEAVING A RESPONSIBLE FOOTPRINT
Continue to reduce business travel and support our colleagues in finding ways to reduce their own emissions Engage with our supply chain and partners to understand their plans for net zero and encourage reductions
No financial impact identified to date
£40,000 estimated in future costs to obtain data across the supply chain No financial impact identified to date.
Direct engagement with supply chain where possible
Get closer to our customers and partners
Protect our business Grow in a sustainable way so Just remains strong for future colleagues and customers
Embed sustainability into business planning
Invest responsibly
Continue to integrate environmental, social and governance (“ESG”) factors into our investment decisions Look for further opportunities to fund green and social assets
No financial impact identified to date.
Continue enhancing approach
Grow sustainably
Increase our green financing opportunities
No financial impact identified to date
Continue allocating in line with existing targets Further develop propositions to support our customers
Develop and offer sustainable products
Innovate to support our customers and new customers by delivering sustainable products
£50,000 estimated in future costs to improve energy efficiency data across our portfolio
Grow through innovation
MAKING A POSITIVE IMPACT
Manage with good governance
Continue to integrate ESG factors throughout our business and ensure it is governed to a high standard Continue good standards of data privacy and control
£20,000 in 2023 estimated for Board training No financial impact identified to date No financial impact identified to date
Maintain employees’ awareness of sustainability issues Maintain appropriate internal controls Monitor and review progress against targets Retain a positive and supportive culture
Transform the way we work
Ensure data is well managed and secure
Improve diversity and inclusion
Build a diverse workforce
CREATING A FAIR WORLD
Be proud to work at Just
Support the health and wellbeing of our colleagues Support our customers (poverty, income and housing)
Maintain focus on the wellbeing of our colleagues and encourage healthy lifestyles and working practices Continue to provide sound and helpful advice and continue to provide support to our charitable partners
No financial impact identified to date
Increase awareness of initiatives to support
Get closer to our customers and partners
No financial impact identified to date
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