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Armstrong Partnership LP's Climate Report
Submitted on 2024-10-01
The SME Reporting Tool
Introduction *
Commitment and Targets *
Own Emissions *
Value Chain Emissions *
(optional)
Climate Solutions *
(optional)
Management, Strategy and Climate Risk *
(optional)
Results, Challenges and Outlook *
Version 3.0
Introduction *
1.1 Reporting year
*2023
1.1.1 Reporting period
*from 1.2023 to 12.2023
1.2 Describe your business activities
*Armstrong Partnership is a global payments focused, leading provider of integrated marketing solutions for the B2B, B2B2C, and Direct to Consumer markets. Armstrong Partnership is a full service agency.Strategy, creative, digital, experiential all done in-house.
1.4 Number of employees in the reporting year
*38
1.4.1 Full-time equivalent (FTE) or headcounts
*Headcounts
1.5 Let us know if your company is a parent company or subsidiary
*Parent company
Commitment and Targets *
2.1 Net zero target year
*2040
2.1.1 Base year
*2019
2.2 Near-term target
*50% of absolute scope 1+2 emission reduction from my base year by 2030
Own Emissions *
3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action
*Yes
Energy consumption
3.2 Total energy consumption
*228105 kwh
3.3 Renewable energy
*0 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*35.5 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*6.9 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*In July 2023, Armstrong moved its physical Toronto based office. The Armstrong facility reduced from over 18,000 sq. ft. to a satellite office set up of 1,155 sq. ft.
In 2022, Armstrong offered its employees a flexible and remote work arrangement option. This resulted in the ability for Armstrong to reduce its office space and move into a smaller and more energy efficient space.
The reduction in square footage has resulted in a significant reduction in energy and gas consumption (Scope 1&2).
It is also located closer to public transit which can can lower Armstrongs scope 3 emissions.
Armstrong moved from physical on-site servers to the cloud. This change in IT operation will reduce our carbon footprint through energy efficiencies.
This change directly reduced our need for physical space to house the servers as well as the energy required to cool servers on an on-going basis.
Big cloud data centers use more advanced cooling, energy efficient hardware, and often renewable energy to reduce their carbon footprint.
Armstrong will continue to work with their cloud provider to ensure they are actively engaged in reducing their carbon footprint.
In July 2023, Armstrong moved its physical Toronto office to a smaller office space.
This leased satellite office space is located in a BOMA BEST Sustainable certified building. This certification recognizes excellence in sustainable building operations, management, and performance in commercial real estate.
To be certified, buildings must annually and continually participate in actions to drive sustainability and reduce their environmental impact.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*Armstrong has historically reported Scope 1 emissions based on actual gas billing. In July 2023, Armstrong relocated from an 18, 925 square foot office space to a shared satellite office space leasing 1,155 square feet for Armstrong employees.
Scope 1 emissions were based on actual billing from January to June 2023 and then based on estimations from July to December 2023. The new reduced office space is not individually metered and therefore emissions were estimated for July to December 2023. Estimations were based on actual billing from the previous year (2022) for July to December. These actuals were than multiplied by 6% which represents the square footage difference between the previous location and the current one.
All data was initially captured in cubic meters and then converted to standard cubmic meters (scf) and entered into the EPA GHG calculator tool to determine the Scope 1 emissions in metric tons CO2e.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
4.1.1 Total scope 3 emissions
*185.11 metric tons CO2e
Supply chain related - upstream emissions
Customer related - downstream emissions
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?
*Yes
We are taking action within our value chain through environmental reporting and tracking of progress, innovation and collaboration, and education/information sharing. Initiatives include:
- Agreements and commitments to meet client requirements and expectations as it relates to environmental compliance and sustainability efforts.
- Considering sustainability and energy efficiency in our real estate. We have recently moved to a new leased office space that is in a BOMA Best Sustainable certified building. We are part of their sustainability initiatives.
- Governance Reporting to the Board
4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*No
4.3 Have you communicated your commitment and actions to any of your customers?
*Yes
4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.
*Use of the Normative Business Carbon Calculator.
Data captured for Scope 3 was based on best interpretations of financial information to report on categories within Scope 3.
Climate Solutions (optional) *
5.1 Do you classify any of your existing goods and/or services as a climate solution?
*No
Management, Strategy and Climate Risk (optional) *
6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.
*Governance process in place,Person is responsible for climate strategy at board level,Other (please specify)
6.1 Explain
*The Operations lead is the main lead for all compliance requirements and reporting. They are responsible for: • Monitoring the achievement of Climate Change targets from an emissions reduction perspective. • Coordination and management of the ESG strategy incorporating climate related issues. • Assessment and management of climate related risks and opportunities based on climate scenarios. The Operations Lead is responsible for governance reporting to the President on a regular basis and to the board on a quarterly basis.
6.1.1 Please describe their position and responsibility.
*The President is informed of Corporate Social Responsibility (CSR) -related issues including environmental impacts and ethical responsibility matters via several management reporting channels. The President has oversight over
climate change-related matters to ensure the company develops effective strategies to address risks and opportunities and assigns appropriate resources and capabilities within the company.
The President reports quarterly to the Board on strategic priorities, including progress on the climate change and GHG reduction strategy.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?
*Yes
6.2 Have you started to identify and assess your companies climate risks and opportunities?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Both operations and value chains
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve Identified plans for adaptation to mitigate these risks
6.2.3 Provide any additional comments or context on your climate risks:
*Armstrong employs a robust risk management approach which includes the identification, assessment, management and monitoring of risks/potential risks across the business, including climate-related risks.
The identification, assessment and management of risk is frequent and on-going and is key in assuring regulatory compliance, fulfilment of Master Service Agreements with our clients, and building resilience within the organization to ensure growth and success.
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
Armstrongs climate commitments are detailed on our website,https://www.armstrongpartnership.com/responsibility.html , which is publicly accessible. Stakeholders and the general public all have access to this information.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
Armstrong has committed to net zero emissions by 2040 and we continue to pursue that goal.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*In 2022 Armstrong reported total Scope 1 & 2 emissions of 68.9 metric tons CO2e. This year we reported 43.4 metric tons CO2e, resulting in a decrease of 25.5 metric tons.
Armstrong has committed to a 50% reduction in Scope 1 & 2 emissions by 2030. Our total Scope 1 & 2 emissions in our base year (2019) was 75 metric tons CO2e. Therefore, we have achieved over 84% of this goal.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 3 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Time constraints,Lack of skills and knowledge,Inaccurate or insufficient data,Limited influence over suppliers
7.3 Has there been any third party validation of the data submitted in this report?
*No
-
Armstrong Partnership LP's Climate Report
Armstrong Partnership LP's Climate Report - 2023
Introduction *
1.1 Reporting year
*2023
1.1.1 Reporting period
*from 1.2023 to 12.2023
1.2 Describe your business activities
*Armstrong Partnership is a global payments focused, leading provider of integrated marketing solutions for the B2B, B2B2C, and Direct to Consumer markets. Armstrong Partnership is a full service agency.Strategy, creative, digital, experiential all done in-house.
1.4 Number of employees in the reporting year
*38
1.4.1 Full-time equivalent (FTE) or headcounts
*Headcounts
1.5 Let us know if your company is a parent company or subsidiary
*Parent company
Commitment and Targets *
2.1 Net zero target year
*2040
2.1.1 Base year
*2019
2.2 Near-term target
*50% of absolute scope 1+2 emission reduction from my base year by 2030
Own Emissions *
3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action
*Yes
Energy consumption
3.2 Total energy consumption
*228105 kwh
3.3 Renewable energy
*0 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*35.5 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*6.9 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*In July 2023, Armstrong moved its physical Toronto based office. The Armstrong facility reduced from over 18,000 sq. ft. to a satellite office set up of 1,155 sq. ft.
In 2022, Armstrong offered its employees a flexible and remote work arrangement option. This resulted in the ability for Armstrong to reduce its office space and move into a smaller and more energy efficient space.
The reduction in square footage has resulted in a significant reduction in energy and gas consumption (Scope 1&2).
It is also located closer to public transit which can can lower Armstrongs scope 3 emissions.
Armstrong moved from physical on-site servers to the cloud. This change in IT operation will reduce our carbon footprint through energy efficiencies.
This change directly reduced our need for physical space to house the servers as well as the energy required to cool servers on an on-going basis.
Big cloud data centers use more advanced cooling, energy efficient hardware, and often renewable energy to reduce their carbon footprint.
Armstrong will continue to work with their cloud provider to ensure they are actively engaged in reducing their carbon footprint.
In July 2023, Armstrong moved its physical Toronto office to a smaller office space.
This leased satellite office space is located in a BOMA BEST Sustainable certified building. This certification recognizes excellence in sustainable building operations, management, and performance in commercial real estate.
To be certified, buildings must annually and continually participate in actions to drive sustainability and reduce their environmental impact.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*Armstrong has historically reported Scope 1 emissions based on actual gas billing. In July 2023, Armstrong relocated from an 18, 925 square foot office space to a shared satellite office space leasing 1,155 square feet for Armstrong employees.
Scope 1 emissions were based on actual billing from January to June 2023 and then based on estimations from July to December 2023. The new reduced office space is not individually metered and therefore emissions were estimated for July to December 2023. Estimations were based on actual billing from the previous year (2022) for July to December. These actuals were than multiplied by 6% which represents the square footage difference between the previous location and the current one.
All data was initially captured in cubic meters and then converted to standard cubmic meters (scf) and entered into the EPA GHG calculator tool to determine the Scope 1 emissions in metric tons CO2e.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
4.1.1 Total scope 3 emissions
*185.11 metric tons CO2e
Supply chain related - upstream emissions
Customer related - downstream emissions
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?
*Yes
We are taking action within our value chain through environmental reporting and tracking of progress, innovation and collaboration, and education/information sharing. Initiatives include:
- Agreements and commitments to meet client requirements and expectations as it relates to environmental compliance and sustainability efforts.
- Considering sustainability and energy efficiency in our real estate. We have recently moved to a new leased office space that is in a BOMA Best Sustainable certified building. We are part of their sustainability initiatives.
- Governance Reporting to the Board
4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*No
4.3 Have you communicated your commitment and actions to any of your customers?
*Yes
4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.
*Use of the Normative Business Carbon Calculator.
Data captured for Scope 3 was based on best interpretations of financial information to report on categories within Scope 3.
Climate Solutions (optional) *
5.1 Do you classify any of your existing goods and/or services as a climate solution?
*No
Management, Strategy and Climate Risk (optional) *
6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.
*Governance process in place,Person is responsible for climate strategy at board level,Other (please specify)
6.1 Explain
*The Operations lead is the main lead for all compliance requirements and reporting. They are responsible for: • Monitoring the achievement of Climate Change targets from an emissions reduction perspective. • Coordination and management of the ESG strategy incorporating climate related issues. • Assessment and management of climate related risks and opportunities based on climate scenarios. The Operations Lead is responsible for governance reporting to the President on a regular basis and to the board on a quarterly basis.
6.1.1 Please describe their position and responsibility.
*The President is informed of Corporate Social Responsibility (CSR) -related issues including environmental impacts and ethical responsibility matters via several management reporting channels. The President has oversight over
climate change-related matters to ensure the company develops effective strategies to address risks and opportunities and assigns appropriate resources and capabilities within the company.
The President reports quarterly to the Board on strategic priorities, including progress on the climate change and GHG reduction strategy.
6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?
*Yes
6.2 Have you started to identify and assess your companies climate risks and opportunities?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Both operations and value chains
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve Identified plans for adaptation to mitigate these risks
6.2.3 Provide any additional comments or context on your climate risks:
*Armstrong employs a robust risk management approach which includes the identification, assessment, management and monitoring of risks/potential risks across the business, including climate-related risks.
The identification, assessment and management of risk is frequent and on-going and is key in assuring regulatory compliance, fulfilment of Master Service Agreements with our clients, and building resilience within the organization to ensure growth and success.
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
Armstrongs climate commitments are detailed on our website,https://www.armstrongpartnership.com/responsibility.html , which is publicly accessible. Stakeholders and the general public all have access to this information.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
Armstrong has committed to net zero emissions by 2040 and we continue to pursue that goal.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*In 2022 Armstrong reported total Scope 1 & 2 emissions of 68.9 metric tons CO2e. This year we reported 43.4 metric tons CO2e, resulting in a decrease of 25.5 metric tons.
Armstrong has committed to a 50% reduction in Scope 1 & 2 emissions by 2030. Our total Scope 1 & 2 emissions in our base year (2019) was 75 metric tons CO2e. Therefore, we have achieved over 84% of this goal.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 3 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Time constraints,Lack of skills and knowledge,Inaccurate or insufficient data,Limited influence over suppliers
7.3 Has there been any third party validation of the data submitted in this report?
*No
-
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