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Voy and the Environment - Our plan to be Net Zero by 2040

Voy UK is committed to the global effort in achieving Net Zero emissions by 2040

Commitment to Achieving Net Zero

We will provide evidence that we understand the climate impacts of our organisation, including:

  • The sources of our organisation’s carbon emissions
  • Our organisation’s Scope 1/2/3 carbon emissions and reduction targets
  • The actions we are taking to reduce our carbon footprint
Yellow wildflowers in a green field

What do we mean by Scope 1, 2 & 3 Carbon Emissions?

Scope 1, 2 and 3 emissions are defined in the Greenhouse Gas Protocol:

  • Scope 1 emissions are direct emissions arising from owned or controlled sources e.g. owned vehicles, combustion of fuel in facilities
  • Scope 2 emissions are indirect emissions from purchased energy e.g. electricity, heating, and cooling
  • Scope 3 emissions are all other indirect emissions that occur in the organisation’s value chain e.g. purchased goods and services, waste, business travel, staff commuting, water

Reporting boundary: Voy UK

Link to view Carbon Reduction Plan; Carbon Reduction Plan - Voy.pdf

The table below summarises the technical abbreviations used throughout the document.

Abbreviation
Definition
CO2
Carbon Dioxide
tCO2E
Total Carbon Dioxide Emission
EVs
Electric Vehicles
GHG
Greenhouse Gas
SECR
Streamlined Energy & Carbon Reporting
SBTI
Science-Based Target Initiative
T&D
Transmission & Distribution