Sustainability Summary

This is an unclaimed profile. Progeny Group has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

Progeny Group Sustainability Profile

Sustainability Summary

This is an unclaimed profile. Progeny Group has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

What do our labels mean?

Progeny Group is a UK financial services business that has linked its sustainability position to ESG investing, B Corp certification, and operational changes such as waste and water reduction, centralised travel booking, and local supplier sourcing. It says it was already committed to social responsibility and to becoming a greener business with long-term thinking as a core value. The company also refers to using third parties for carbon offsetting and carbon credits, and to a centralised framework for monitoring activities and holding the business accountable for improvement. Its sustainability content also includes biodiversity and natural capital themes through an article on investing in biodiversity.

About Progeny Group

Status
Unverified

Website
Visit Website

Employees
25 - 100

Country
United Kingdom

Progeny Group Sustainability Actions

B Corp certification journey

The Progeny Group said it began its sustainability journey in many areas and wanted a centralised framework to monitor all its activities and hold it accountable for meaningful improvement, which is what B Corp Certification offered. It said clients were increasingly wanting to understand more about its own activities and ethics, especially as a business that advises clients on Environmental, Social and Governance (ESG) investing.

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Waste and water reduction

The Progeny Group said it had already begun its sustainability journey in many areas, including initiatives such as waste and water reduction, centralised travel booking and local supplier sourcing, as well as working with third parties that specialise in carbon offsetting and carbon credits.

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Advising on ESG investing

The Progeny Group said it advises clients on Environmental, Social and Governance (ESG) investing. It also said many of the B Corp values already aligned with its published corporate values and the way it does business.

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Investing in biodiversity

In its article 'Investing in biodiversity' dated 30th May 2022, Progeny said biodiversity provides clean air, fresh water, organically rich soil and crop pollination, and helps fight climate change and adapt to it. It also said the Environment Act 2021 contains provisions for the protection and improvement of the environment, including introducing biodiversity net gain.

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