BMS appoints Apex Group for carbon assessment and reporting

Apex Group has been appointed by BMS to deliver carbon footprint assessment and reporting services.

Apex will provide the re/insurance broker with the platform and tools to measure the company’s sources of carbon emissions, and the support to implement plans to reduce its carbon footprint. The company will quantify and report on BMS’ Scope 1, 2 and 3 emissions.

Nick Cook, CEO, BMS Group said: “We strongly believe that the insurance industry has an influential commercial and moral role to play in reducing greenhouse gas emissions to net zero by 2050. Apex’s Carbon Footprint Assessment & Reporting services provides an efficient and intuitive method of collecting the necessary information from our business, allowing us to accurately monitor, track and enhance our carbon footprint over time. By engaging Apex to calculate our carbon footprint, we can take steps to reduce and offset our emissions and we hope to set an example to others in the insurance industry that with the right tools, this process can be straightforward and achievable.”

Apex’s platform uses over one million individual emission factors from the latest data sources and follows industry best practice reporting standards and regulations, such as the TCFD, CDP, GHG Protocol, SFDR, DEFRA and EPA to understand and quantify a BMS’ carbon footprint and potential commercial risks.

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