Skip links
Neyo Ltd

Sustainability Policy

Purpose

Neyo is committed to conducting its business in a sustainable manner, minimizing its environmental impact, and contributing to the UK’s sustainability goals. This Sustainability Policy outlines our approach to promoting environmental stewardship, reducing carbon emissions, and ensuring responsible resource management across all areas of our operations.

Scope

This policy applies to all employees, contractors, suppliers, and stakeholders involved in Neyo’s operations. It covers all activities related to energy use, waste management, procurement, travel, and office operations, and aligns with UK sustainability regulations and best practices.

Legal and Regulatory Compliance

Neyo is committed to complying with all relevant UK sustainability regulations, standards, and guidelines, including:
  1. Climate Change Act 2008: Establishes legally binding targets for reducing greenhouse gas emissions, including the UK’s commitment to achieve net-zero emissions by 2050.
  2. The Environment  Act  2021:  Introduces  legally  binding  environmental improvement targets related to air quality, water resources, waste management, and biodiversity.
  1. Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015: Requires energy efficiency improvements in rented properties.
  1. Waste (England and Wales) Regulations 2011: Provides guidance on managing waste responsibly, with a focus on reducing, reusing, and recycling.
  2. UK Net Zero Strategy: Sets out the UK government’s approach to transitioning to a low-carbon economy.
  1. The Renewable Energy Guarantees of Origin (REGO) Scheme: Ensures transparency in energy sourcing and promotes renewable energy use.

Sustainability Objectives

At Neyo, we are committed to:  
  1. Reducing carbon emissions: Supporting the UK’s net-zero target by reducing our carbon footprint across all operations, including energy use, transportation, and supply chain.
  2. Sustainable resource use: Minimizing resource consumption, promoting efficiency, and reducing waste generation.
  3. Ethical and sustainable procurement: Prioritizing suppliers and contractors that follow sustainable and ethical practices.
  1. Protecting biodiversity: Contributing to the protection and restoration of ecosystems and biodiversity in line with UK conservation laws.
  2. Engaging stakeholders: Involving employees, clients, suppliers, and other stakeholders in our sustainability initiatives.
 

Energy Management

We are committed to reducing our energy consumption and promoting the use of renewable energy. Our energy management initiatives include:
  1. Energy Efficiency: Implementing energy-saving measures in our offices, such as LED lighting, smart meters, and energy-efficient appliances.
  2. Renewable Energy: Where possible, we will source our energy from renewable sources such as solar, wind, and hydropower, in line with the Renewable Energy Guarantees of Origin (REGO) Scheme.
  3. Carbon Footprint Reduction: We will assess and monitor our carbon emissions and implement strategies to reduce our greenhouse gas emissions, including using renewable energy, improving efficiency, and offsetting unavoidable emissions through certified carbon offset programs.

Waste Management

We are committed to reducing the amount of waste we produce and managing waste responsibly. Our waste management approach includes:
  1. Reduce, Reuse, Recycle: Implementing practices to reduce waste generation and increase the recycling of materials, including paper, plastics, electronics, and packaging, in line with the Waste (England and Wales) Regulations 2011.
  2. E-Waste: Ensuring the responsible disposal and recycling of electronic waste in compliance with the Waste Electrical and Electronic Equipment (WEEE) Regulations 2013.
  3. Minimizing Single-Use Plastics: Phasing out the use of single-use plastics wherever possible and replacing them with sustainable alternatives.

Water Conservation

We are committed to reducing water usage and promoting efficient water management. Our water conservation strategies include:
  1. Water Efficiency: Installing water-saving devices, monitoring water usage, and reducing unnecessary water consumption in our offices.
  2. Water Reuse: Investigating opportunities for rainwater harvesting and water reuse systems, where feasible.

Sustainable Procurement

We are committed to sourcing products and services responsibly and sustainably. Our sustainable procurement practices include:
  1. Ethical Sourcing: Partnering with suppliers who adhere to sustainable and ethical practices, including fair labor standards, environmentally friendly production methods, and social responsibility.
  2. Green Products: Prioritizing products that have a lower environmental impact, such as those with eco-certifications or made from recycled or renewable materials.
  1. Local Suppliers: Where possible, we will work with local suppliers to reduce transportation emissions and support the local economy.

Sustainable Travel and Transportation

We are committed to reducing the environmental impact of business travel and transportation. Our travel and transportation initiatives include:
  1. Reducing Business Travel: Minimizing non-essential business travel by encouraging the use of video conferencing and other digital communication tools.
  2. Promoting Sustainable Transport: Encouraging employees to use public transportation, carpooling, cycling, and walking. Where possible, we will offer incentives for the use of electric or hybrid vehicles.
  3. Fleet Management: For any company-owned vehicles, we will prioritize low- emission or electric vehicles to reduce transportation-related emissions.

Employee Engagement and Awareness

We believe that sustainability is a shared responsibility, and we will engage our employees in our sustainability efforts by:
  1. Training and Awareness: Providing employees with regular training and resources to raise awareness of sustainability issues and encourage sustainable practices at work and home.
  2. Employee Involvement: Involving employees in sustainability initiatives, such as energy-saving challenges, waste reduction campaigns, and volunteering for environmental projects.

Biodiversity and Conservation

We are committed to protecting and enhancing biodiversity in areas where we operate. Our biodiversity initiatives include:
  1. Conservation Efforts: Supporting conservation initiatives and reducing our impact on local ecosystems by promoting biodiversity-friendly practices.
  2. Partnerships with Environmental Organizations: Collaborating with local and national environmental organizations to support biodiversity conservation projects.

Sustainable Office Practices

We are committed to operating our offices sustainably by:  
  1. Paperless Operations: Reducing paper usage by adopting digital processes and encouraging a paperless work environment.
  2. Green Office  Supplies:  Sourcing  office  supplies  made  from  recycled  or sustainable materials.
  1. Energy-Saving Practices: Encouraging employees to turn off lights, computers, and other equipment when not in use to save energy.

Monitoring and Reporting

We are committed to regularly monitoring, measuring, and reporting our sustainability performance. This includes:
  1. Sustainability Audits: Conducting regular audits to assess our energy usage, waste management, and sustainability performance.
  2. Setting and Reviewing Targets: Setting measurable sustainability targets and reviewing them annually to ensure continuous improvement.
  1. Transparency and Reporting: We will publish an annual sustainability report, outlining our performance against key sustainability metrics and sharing progress with stakeholders.

Continuous Improvement

We are committed to continuously improving our sustainability performance by:  
  1. Adopting New Technologies: Exploring and implementing new technologies that improve energy efficiency, reduce waste, and promote sustainability.
  2. Engaging with Industry Standards: Adopting industry best practices and complying with international sustainability standards, such as ISO 14001 (Environmental Management System).

Communication and Engagement

This policy will be communicated to all employees, contractors, and suppliers. We will also make this policy publicly available to clients and stakeholders via our website and other communication channels.
All questions, concerns, and other feedback relating to this policy should be communicated to HR Department (hr@neyoltd.com).  

Implementation of Policy

This policy shall be deemed effective as of 10/09/2024. No part of this Policy shall have retroactive effect and shall thus apply only to matter occurring on or after this date.
This policy will be reviewed annually and updated as necessary to reflect changes in this policy and company objectives.
This Policy has been approved and authorised by
Name                       :        Chirag Karnik
Position                    :         Director, Neyo Ltd
Date                        :         10/09/2024
Due for Review       :        06/03/2026
Signature                 :
  Document Control  
Version Date Summary Change Owner
1.0 10/09/2024 Initial draft created an signed off and added to Internal Sharepoint Chirag Karnik
1.1 06/03/2026 Reviewed, No Change & Approved Chirag Karnik