Our climate impact in 2022
Since announcing our 2023 climate strategy, the LOVESPACE team has been taking further steps to make our business have a smaller environmental impact. We want to be transparent about our carbon emissions and explain what we’re doing to reduce and offset them.
Furthr and beyond
We’ve teamed up with Furthr, a social enterprise that drives sustainability funding into climate projects. Their big aim for net zero climate action is well aligned with our goals in reducing carbon emissions for the long-term.
In 2022, we released the equivalent of 752 tonnes of CO2 emissions.
This is comparable to the carbon emissions released by 160 UK residents in a year (reference), or 3200 flights from London to Rome (reference).
With the assistance of Furthr, our emission measurements have become exceptionally detailed, capturing a broader spectrum of sources of our 2022 emissions. Corporate emissions can be categorised into Scopes 1,2 and 3. Explanations for the carbon reporting terminology used throughout this article can be found here.
Offsetting our 2022 emissions
To balance and control our emissions, we worked with Furthr to invest in three Gold Standard Certified Projects.
These initiatives focused on funding renewable energy suppliers and reducing emissions in residential areas with limited access to resources.
1. Biomass Rice Husk project in India
This project involved the generation of power with waste rice husks. Rice husks refer to the hard protective layer of rice grains that are usually discarded during harvest. The combustion of these rice husks generates electricity, helping to meet electricity demands without the increase in fossil fuel energy usage.
2. Wind farm project in Turkey
This involved the construction of two sites of 35 wind turbines. Wind farms reduce greenhouse gas emissions by replacing fossil fuel power generation. This project not only contributed to the development of the wind energy sector in Turkey but also supported the local economy through the growth in local employment opportunities.
3. Domestic energy efficiency project in Uganda
Most families in Uganda cook with traditional three-stone fires or open fires - causing severe levels of CO2 emissions, and other difficulties such as serious health risks, deforestation and land degradation.
To prevent the development of the above issues, this project implemented 25,600 energy-efficient cookstoves to households within three districts of Uganda, reducing CO2 emissions by around 480,976 tonnes.
If you want to find out more about our emissions – check out our 2022 emissions break down report.
94% of emissions came from Scope 3
In 2022, most of our emissions were the result of our business operations – the transport of boxes from customers’ homes to storage facilities through our national network of courier partners. Other contributions to our emissions involved recruitment activities and the production of marketing materials.
6% of our emissions came from Scope 1 and 2
In 2022, these came mostly from our own transport and the miles driven by LOVESPACE drivers, as well as electricity usage in our London office.
The Future
Partnering with Furthr has improved our ways in measuring and tracking our environmental impact. This partnership has allowed us to contribute to meaningful projects in offsetting yearly emissions.
We appreciate that there is still a lot to learn and implement into our initiatives for us to grow as an eco-friendly business. We are determined to minimise our environmental impact in 2024 and will do so through continuing our partnership with Furthr.
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