Responsibly Managing Our Waste and Supply Chain
We continue our commitments to responsible waste management and sustainable procurement throughout our operations, from the construction and occupancy of our spaces to the technology we deploy within them.
The firm has been a lead member of CDP’s supply chain program since 2011, which has enabled us to assess the environmental responsibility of our top suppliers in order to better understand the sustainability of our supply chain. In 2014 we further increased the number of vendors across Services and Technology that were surveyed by CDP on our behalf to 104 and what we learn throughout the annual reporting process continues to inform how we onboard and actively manage our significant global vendors.
Where feasible, our global operational efforts to responsibly manage waste and enhance our sustainable procurement include, but are not limited to:
- Technology: Reusable bulk server packaging; e-waste recycling or re-purposing by ISO 14001-Certified Vendors; deploying remote access soft-tokens
- Food: Sustainable purchasing and operations; recycling; composting
- Paper and Print: Sustainable purchasing, recycling, print reduction (includes default duplex and secure printing, printer consolidation and transitioning to electronic statements)
- Furniture/Technology/Office Supplies: Sustainable purchasing; reuse protocols
- Travel: Use of eco-friendly cars and ferries; enhanced access to video conferencing in lieu of travel
- Events: Use of water systems to reduce single water bottle usage, promoting use of electronic collateral materials, name tag recycling
Here are a few specific regional examples of recent efforts:
- We received the International Organization for Standardization’s (ISO) 14001 certification of our comprehensive environmental management programs in March 2015 at 200 West Street, and in June 2014 at 30 Hudson Street in Jersey City. The ISO 14001 certification is the result of a multi-phased, third-party audit of the firm’s Environmental Management System. This is to be followed by a long-term goal of achieving the certification for global offices operations starting in 2016.
- Our cafés in both New York and New Jersey hold 3-star certification from the Green Restaurant Association for environmentally responsible performance across seven categories. We also purchase goods from local farms and diverse businesses. Nearly all of our used cooking oil from the cafés is converted to biodiesel fuel that is used by delivery vehicles in the tri-state area. We also recently implemented a food donation program that supports local non-profit organizations.
- We changed to one vendor to manage all of our waste removal for New York and New Jersey (wet trash, recycling, composting, etc.); the vendor diverts 100 percent of our waste collected from landfill.
- In 2014, over 25 percent of the all car rides in the New York tri-state area were in hybrid, eco-friendly vehicles. Further, we utilize two public ferries, now servicing the route between our New York and New Jersey offices, which have the following environmental features: engineering designed to reduce engine sound, a 50 percent reduction in fuel consumption, reduced carbon emissions, the use of eco-friendly textiles and a unique seating arrangement to foster passenger collaboration/interaction.
Europe, Middle East and Africa (EMEA)
- All businesses in London (with the exception of two trading floors) and our Paris office had all desk bins removed and transitioned to centralized recycling, which typically doubles our recycling volumes and cuts disposal costs in half. Non-recycled waste, where possible, is sent to waste-to-energy facilities.
- When moving our Paris and London offices we gifted nearly 190 metric tonnes of furniture, appliances and kitchen goods to various local charities.
- The London campus diverts 100% of its waste from landfill. We promote a clean alternative to our employee’s daily commute through cycle safety events. Working closely with external partners, we offer free bicycle safety checks for all event attendees to promote safe cycling.
- Quarterly “Operation Clean Up” activities are held across our Asia Pacific region to encourage waste cleanup and a healthy work environment through archiving, returning and recycling. In 2014, 27 metric tons of waste paper was collected for recycling during the quarterly effort.