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Armstrong Partnership LP's Climate Report

Submitted on 2025-09-30
| Edited on 2025-09-30

Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Governance, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 3.0

Introduction *

1.1 End day of the reporting period

*
2024-12-30

1.1.1 Reporting year

*
2024

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 on the end day of the reporting period

*
34

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2040

2.1.1 Base year

*
2019

2.1.2 Base year value

*
75

2.2 Near-term target

*

50% of absolute scope 1+2 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.

*
We achieved the above near term target this year, reducing our scope 1&2 emissions by well over 50% from our base year (2019).

2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action

*
Yes, the plan and action include all scope 1+2+3

Own Emissions *

Energy consumption

3.2 Total energy consumption

*
15949.35 kWh

3.3 Total renewable energy consumption

*
0 kWh

Scope 1 emissions

3.4 Scope 1 emissions

*
1.3 metric tons CO2e

Scope 2 emissions

3.5 Location-based scope 2 emissions

*
8.9 metric tons CO2e

3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?

*
Yes

3.7.1 What actions have you taken to reduce scope 1+2 emissions in the reporting period

*

Energy efficient buildings and offices,Other company behavioural changes,Other

3.7.2 Provide any additional details

*
Armstrong offers it\\\'s employees a flexible and remote work arrangement option. This resulted in the ability for Armstrong to reduce it\\\'s office space and move into a smaller and more energy efficient space in 2023. The Armstrong facility reduced from over 18,000 sq. ft. to a satellite office set up of 1,155 sq. ft. The reduction in square footage has resulted in a significant reduction in energy and gas consumption (Scope 1&2). We saw a full year of reductions this year. It is also located closer to public transit which can can lower Armstrong\\\'s scope 3 emissions. In addition, this new office 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 Which tools or methods did you use to calculate your scope 1+2 emissions?

*

Small Business Carbon Calculator,Other calculator (please specify),Own internal calculations,Other (please specify)

3.8.1 Specify any additional details

*
Armstrong has historically reported Scope 1&2 emissions based on actual energy and 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. This year, the EPA GHG Calculator tool (Spreadsheet) was used to determine our Scope 1&2 emissions. We are a tenant in a leased office tower and do not have individual billing. The Energy Information Administration\\\'s average energy consumption by building type per square foot was used - Office space, Northeast region. We used a formula to compare and test the validity of our estimates.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?

*
Yes

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?

*

Climate strategy and planning,Energy efficient buildings and offices,Business travel and commuting,Supply chain engagement,Digital and technology-enabled solutions,Other

4.2.2 Provide any additional details

*
We are taking action within our value chain through environmental reporting and tracking of progress, innovation and collaboration, and education/information sharing. Year over year, we have increased our scope 3 data including more sources as we mature in our reporting. Other Initiatives include: -Partnering with our clients to increase compliance reporting and action - 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.

4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.4 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.5 Which tools or methods did you use to calculate your scope 3 emissions?

*

Small Business Carbon Calculator,Scope 3 Specific Calculator,Other calculator (please specify),Other (please specify)

4.5.1 Specify additional details

*
Data captured for Scope 3 was based on best interpretations of financial information to report on categories within Scope 3. Teh below tools and calculators were used to convert that data into emissions values. The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition) The Greenhouse Gas Protocol: Scope 3 Guidance The Greenhouse Gas Protocol: Corporate Value Chain (Scope 3) Standard EPA GHG Calculator tool and Scope Guidance SME Climate Hub - Small Business Carbon Calculator DEFRA emission factors for travel

Climate Solutions (optional) *

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?

*

No

Governance, 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. The HR Director supports the Operations Lead in reporting and compliance initiatives and requirements. The VP of Finance supports the Operations Lead in reporting and compliance initiatives and requirements. They play a key role in providing data for measuring and reporting.

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

6.1.3 Please describe the governance process in place

*
The president has ultimate authority and accountability for Armstrong\\\'s Corporate Social Responsibility (CSR) -related issues including environmental impacts and ethical responsibility. Within the organization, there are several roles and committees to support and drive initiatives and actions including reporting. As noted above, the Operations Lead is the main lead for compliance and reporting. They work closely and are supported by the HR Director and V.P. of Finance. In addition to the above, Armstrong\\\'s Incident Response Team (IRT) plays a key role in governance. the The IRT\\\'s mandate is to support the Board and Senior Leadership in its responsibilities regarding the oversight of Armstrong\\\'s governance and risk and compliance management framework. The Committee\\\'s primary focus was monitoring and addressing risks related to information security and data and privacy risks, it\\\'s scope has grown to integrate risk management as a whole for the organization. The committee receives reporting on risks related to technology, data and information security, including cybersecurity. This committee continues to take on a greater role in environmental risk management as we mature on our sustainability journey.

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?

*
Own operations

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,We\'ve Integrated these adaptation plans into business practices,Other (please specify)

6.2.2 Explain

*
Business Continuity Plan - Armstrong manages response to significant environmental events through it's Business Continuity plan. This plan is reviewed and revised at least annually, and following any significant event.

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. Climate Change is the greatest risk to our current operations. Of most importance are: Significant Extreme Weather Event - As a service-based company, Armstrong depends on our people to deliver to our clients. Disruption due to a significant weather or environmental event could impact our ability to deliver on our client commitments due to extended power loss, inability to access systems and data, harm to or displacement of our employees. Reputation - Armstrong would be at risk of losing current and potential future clients if it were perceived to not be taking adequate action to reduce it's environmental impact and take part in sustainable activities. This negative reputation could result in a loss of trust in Armstrong and result in clients looking for alternative partners which could result in a significant loss of current revenue and future opportunities.

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. Several of our Service Agreements include commitments to responsible environmental management practices and regulatory compliance. Armstrong regularly ensures alignment and compliance with client requirements, standards and Master Service Agreements. We participate in rigorous audits and remedy any areas of concern. We review and revise internal policies and practices to align with service expectations and standards.

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Armstrong participates in CDP reporting in partnership with one of our key clients. We have also 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 2023, Armstrong reported a total Scope 1 and 2 gross total emission of 43.4. A reduction of 25.5 metric tons CO2e from 2022. This year our total Scope 1 and 2 gross emission was 10.2. This is a significant reduction due to multiple factors. Of greatest impact is the reduction of our office space. The move to a smaller satellite office greatly reduced our energy and gas requirements. In addition, the new smaller space is located in a BOMA Best Sustainable certified office building. We also employeed a different methodology due to no longer having access to actual energy and gas billing. We used sound and best estimates.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Limited control over energy use in buildings,Complexities in managing supply chain emissions,Time constraints,Lack of skills and knowledge,Inaccurate or insufficient data

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 - 2024

Introduction *

1.1 End day of the reporting period

*
2024-12-30

1.1.1 Reporting year

*
2024

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 on the end day of the reporting period

*
34

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2040

2.1.1 Base year

*
2019

2.1.2 Base year value

*
75

2.2 Near-term target

*

50% of absolute scope 1+2 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.

*
We achieved the above near term target this year, reducing our scope 1&2 emissions by well over 50% from our base year (2019).

2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action

*
Yes, the plan and action include all scope 1+2+3

Own Emissions *

Energy consumption

3.2 Total energy consumption

*
15949.35 kWh

3.3 Total renewable energy consumption

*
0 kWh

Scope 1 emissions

3.4 Scope 1 emissions

*
1.3 metric tons CO2e

Scope 2 emissions

3.5 Location-based scope 2 emissions

*
8.9 metric tons CO2e

3.7 Have you taken any actions to reduce scope 1+2 emissions in the reporting period?

*
Yes

3.7.1 What actions have you taken to reduce scope 1+2 emissions in the reporting period

*

Energy efficient buildings and offices,Other company behavioural changes,Other

3.7.2 Provide any additional details

*
Armstrong offers it\\\'s employees a flexible and remote work arrangement option. This resulted in the ability for Armstrong to reduce it\\\'s office space and move into a smaller and more energy efficient space in 2023. The Armstrong facility reduced from over 18,000 sq. ft. to a satellite office set up of 1,155 sq. ft. The reduction in square footage has resulted in a significant reduction in energy and gas consumption (Scope 1&2). We saw a full year of reductions this year. It is also located closer to public transit which can can lower Armstrong\\\'s scope 3 emissions. In addition, this new office 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 Which tools or methods did you use to calculate your scope 1+2 emissions?

*

Small Business Carbon Calculator,Other calculator (please specify),Own internal calculations,Other (please specify)

3.8.1 Specify any additional details

*
Armstrong has historically reported Scope 1&2 emissions based on actual energy and 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. This year, the EPA GHG Calculator tool (Spreadsheet) was used to determine our Scope 1&2 emissions. We are a tenant in a leased office tower and do not have individual billing. The Energy Information Administration\\\'s average energy consumption by building type per square foot was used - Office space, Northeast region. We used a formula to compare and test the validity of our estimates.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?

*
Yes

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?

*

Climate strategy and planning,Energy efficient buildings and offices,Business travel and commuting,Supply chain engagement,Digital and technology-enabled solutions,Other

4.2.2 Provide any additional details

*
We are taking action within our value chain through environmental reporting and tracking of progress, innovation and collaboration, and education/information sharing. Year over year, we have increased our scope 3 data including more sources as we mature in our reporting. Other Initiatives include: -Partnering with our clients to increase compliance reporting and action - 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.

4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.4 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.5 Which tools or methods did you use to calculate your scope 3 emissions?

*

Small Business Carbon Calculator,Scope 3 Specific Calculator,Other calculator (please specify),Other (please specify)

4.5.1 Specify additional details

*
Data captured for Scope 3 was based on best interpretations of financial information to report on categories within Scope 3. Teh below tools and calculators were used to convert that data into emissions values. The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition) The Greenhouse Gas Protocol: Scope 3 Guidance The Greenhouse Gas Protocol: Corporate Value Chain (Scope 3) Standard EPA GHG Calculator tool and Scope Guidance SME Climate Hub - Small Business Carbon Calculator DEFRA emission factors for travel

Climate Solutions (optional) *

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?

*

No

Governance, 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. The HR Director supports the Operations Lead in reporting and compliance initiatives and requirements. The VP of Finance supports the Operations Lead in reporting and compliance initiatives and requirements. They play a key role in providing data for measuring and reporting.

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

6.1.3 Please describe the governance process in place

*
The president has ultimate authority and accountability for Armstrong\\\'s Corporate Social Responsibility (CSR) -related issues including environmental impacts and ethical responsibility. Within the organization, there are several roles and committees to support and drive initiatives and actions including reporting. As noted above, the Operations Lead is the main lead for compliance and reporting. They work closely and are supported by the HR Director and V.P. of Finance. In addition to the above, Armstrong\\\'s Incident Response Team (IRT) plays a key role in governance. the The IRT\\\'s mandate is to support the Board and Senior Leadership in its responsibilities regarding the oversight of Armstrong\\\'s governance and risk and compliance management framework. The Committee\\\'s primary focus was monitoring and addressing risks related to information security and data and privacy risks, it\\\'s scope has grown to integrate risk management as a whole for the organization. The committee receives reporting on risks related to technology, data and information security, including cybersecurity. This committee continues to take on a greater role in environmental risk management as we mature on our sustainability journey.

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?

*
Own operations

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,We\'ve Integrated these adaptation plans into business practices,Other (please specify)

6.2.2 Explain

*
Business Continuity Plan - Armstrong manages response to significant environmental events through it's Business Continuity plan. This plan is reviewed and revised at least annually, and following any significant event.

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. Climate Change is the greatest risk to our current operations. Of most importance are: Significant Extreme Weather Event - As a service-based company, Armstrong depends on our people to deliver to our clients. Disruption due to a significant weather or environmental event could impact our ability to deliver on our client commitments due to extended power loss, inability to access systems and data, harm to or displacement of our employees. Reputation - Armstrong would be at risk of losing current and potential future clients if it were perceived to not be taking adequate action to reduce it's environmental impact and take part in sustainable activities. This negative reputation could result in a loss of trust in Armstrong and result in clients looking for alternative partners which could result in a significant loss of current revenue and future opportunities.

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. Several of our Service Agreements include commitments to responsible environmental management practices and regulatory compliance. Armstrong regularly ensures alignment and compliance with client requirements, standards and Master Service Agreements. We participate in rigorous audits and remedy any areas of concern. We review and revise internal policies and practices to align with service expectations and standards.

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Armstrong participates in CDP reporting in partnership with one of our key clients. We have also 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 2023, Armstrong reported a total Scope 1 and 2 gross total emission of 43.4. A reduction of 25.5 metric tons CO2e from 2022. This year our total Scope 1 and 2 gross emission was 10.2. This is a significant reduction due to multiple factors. Of greatest impact is the reduction of our office space. The move to a smaller satellite office greatly reduced our energy and gas requirements. In addition, the new smaller space is located in a BOMA Best Sustainable certified office building. We also employeed a different methodology due to no longer having access to actual energy and gas billing. We used sound and best estimates.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Limited control over energy use in buildings,Complexities in managing supply chain emissions,Time constraints,Lack of skills and knowledge,Inaccurate or insufficient data

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-
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