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Our Environment

Caring for our environment

At Ipswich Building Society we believe in safeguarding our environment for us and future generations. We're playing our part in fighting against the scourge of plastic waste and helping to minimise our carbon footprint.

While we're not the biggest employer around, we all have a responsibility to minimise the environmental impact of our actions. In February 2019 the SoSuffolk Carbon Charterciety was awarded a Silver Award by the Suffolk Carbon Charter in recognition of the efforts we have made in recent years. The panel were impressed with our clear commitment to sustainability with the installation of Air source heat pumps, LED lighting and recycling, as well as the solar panel array fitted at Freehold House. 

We've also appointed internal 'Green Champions' to suggest improvements to reduce our environmental impact, support our sustainability policy and action plan and promote awareness of sustanability and environmental issues throughout the Society.

Last year an external environmental review calculated our carbon footprint to be approximately 154tCO2e/year. We’re committed to reducing this impact by 10% and also to increasing our recycling rate by 10% over the next two years. We have already:

- Installed solar photovoltaic (PV) panels on the roof of Freehold House

- Installed low energy LED lighting within Freehold House and across several branches

- Installed energy efficient air source heat pump units (to provide heating and/or cooling) at all sites

- Contracted a confidential paper shredding and recycling service

- Installed recycling collections at all sites for paper, card, plastics and cans plus glass recycling at Freehold House

- Discontinued use of disposable plastic cups

- Strongly discouraged unnecessary printing and taken steps to make processes paperless, where possible

Electronic voting packs

From next year voting members will automatically recieve a digital voting pack by email unless they opt-in to a postal pack, saving us having to send out up to 30,000 postal voting packs each year at a significant environmental cost. This will save nearly 1.7 metric tons* of paper ending up in the bin as well as significant cost savings on paper and postage.

*Based on 30,000 voting packs at approximately 56g per pack.

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