Carbon Reduction Plan

Carbon Reduction Plan

Delaware Digital LLP June 2026

Commitment to Achieving Net Zero 

Delaware Digital LLP (“Delaware UK”) is committed to achieving Net Zero emissions by 2050.

Baseline Emissions Footprint 

Baseline emissions are the historical record of greenhouse gases produced before any emission reduction strategies were introduced. They serve as a reference point to measure reductions. FY2024 is Delaware UK's initial year of formal system implementation for recording and reporting emissions, establishing our baseline and current year data.

  1. Delaware UK has no owned or leased vehicles to contribute to mobile combustion. For stationary combustion, all emissions related to the shared office space leased are accounted for in section 3.8 Upstream Leased Assets. Delaware has no operational control of the premises.
  2. All emissions related to the shared office space leased by Delaware UK are accounted for in section 3.8 Upstream Leased Assets. Delaware UK has no operational control of the premises and does not purchase electricity directly, only as part of the service charge for the leased office space. 
  3. Delaware UK does not produce, sell, or transport any products.

Current Emissions Reporting

Emissions Reduction Targets

Delaware UK is committed to achieving net zero emissions by 2050 and carbon neutrality by 2030. This objective will be accomplished through enhanced data collection, establishing a series of carbon reduction targets with supporting strategies, and employing certified carbon credits where emission reduction is not feasible.

Carbon Reduction Projects

Completed Carbon Reduction Initiatives

Delaware UK completed the following initiatives:      

  • Flexible working practices to reduce commuting
  • Cycle2Work scheme for our employees
  • Promoting environmental awareness, policies and initiatives throughout our business
  • Achieving ISO: 1 4001 certification for Environmental Management System
  • Work with our landlords to ensure our office locations are powered with 100% renewable energy


Current Carbon Reduction Initiatives

Through FY26, Delaware UK will undertake the following initiatives:

  • Define a series of carbon reduction targets with supporting initiatives for implementation through FY27

Offsetting

We are committed to gradually offsetting our operational carbon emissions. In partnership with Ecologi, we SOUrce high-quality certified removal and avoidance projects that adhere to globally recognised standards. Currently, we purchase credits for both 'removal' and, avoidance' projects. However, we will progressively transition to 100% removal projects to achieve our carbon neutral target by 2030.

For FY25, Delaware UK purchased carbon credits which resulted in carbon avoidance of 576 mtC02e and carbon removal of 45 mtC02e.

Declaration and Sign Off

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standards for Carbon Reduction Plans. Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the CHG Reporting Protocol corporate standard 4 and uses the appropriate Government emission conversion factors for greenhouse gas company reporting 5 .

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard 6 .

This Carbon Reduction Plan has been reviewed and signed off by the members of Delaware UK.

4https:/(ghgprotocol.org/corporate-standard

UK emissions factors have been used to estimate UK emissions where available. Where not available, relevant emission factors from other regional and government bodies have been used.

https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting 6 https://ghgprotocol.org/standards/scope-3-standard