Sustainability pledge
Living Our Values
As a values-driven business, sustainability has been at the core of what we do since the company was founded.
Since our inception, we’ve been committed to fully quantifying and accounting for our Scope 1, 2 and 3 emissions. As a digital tech company with a decentralised working policy, we have a relatively low operational carbon footprint, but we recognise that the carbon footprint of some digital assets is significant, and we have an important role to play in addressing this.
Zumo’s purpose is to build a financial future that creates opportunities, protects people and leaves a positive impact on our planet. We believe the digital asset sector has an opportunity to lead the way in the transition to renewable electricity, and we want to set an example that we can all be proud of.
Our values are at the core of the company and they inform everything that we do. We believe that transformational change is required, and we want to be part of that change.
In line with our values, we will:
Unshakeable commitment
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As a minimum, protect the environment, prevent pollution, and meet our compliance obligations. We will do this through careful selection of suppliers, partners and products, using circular economy principles, and low carbon options where possible. - Mitigate our carbon footprint (Scope 1, 2 and 3) by reducing emissions as far as possible, and where necessary using appropriate market instruments to account for the remainder.
Inclusion Inspires
- Seek to ensure that our decisions and actions benefit people and the planet.
- Involve all employees in decision-making and encourage our staff to help us to push boundaries.
- Further nurture and develop our WasteAid partnership, including fundraising, raising awareness and making donations to support WasteAid.
Transparency Wins
- Act in support of achieving the Sustainable Development Goals, reinforcing our commitment to these by being a signatory to the UN Global Compact and the SME Climate Commitment, and reporting progress annually.
- Be open in sharing our sustainability journey transparently with our clients and stakeholders, and speak honestly about what has gone well and what still needs to be done.
Love the Adventure
- Seek to push boundaries. Zumo’s direct environmental impact is currently limited, but the electricity consumption of some blockchains is significant. Through our commitment to driving sectoral change, we will continue to innovate as guidance and disclosure requirements move at pace, and make this available through our Oxygen offering.
- We will work collaboratively to push the sector to reduce its carbon footprint as a key part of our net zero strategy, as a proud signatory to the Crypto Climate Accord, and as a member of key industry working groups and forums.
All of our staff and contractors have a duty to ensure that this policy is complied with. However, overall responsibility for ensuring that the policy is fully implemented lies with the CEO.
11/01/2024
Nick Jones
CEO
11/01/2024
Paul Roach
CPO
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Got a question?
Drop us a line to find out more about our solutions and any of our initiatives in the ESG space.
