Gamesys Group PLC Announces Carbon Trust Certifies Gamesys Carbon Neutral

Rhea-AI Summary

Gamesys Group has been certified as carbon neutral by the Carbon Trust, covering all direct emissions within its operational control. This certification reflects the company's commitment to sustainability and follows a 32% reduction in gross emissions year-on-year, attributed to energy efficiency initiatives and COVID-19 impacts. The group aims for a 50% reduction in gross operational greenhouse gas emissions by 2023, compared to 2019 levels. Residual emissions were offset through investments in sustainable cookstove projects in Peru.

Positive

• Achieved carbon neutral certification by the Carbon Trust, positively impacting the company's sustainability image.
• Reduced gross emissions by 32% year-on-year, enhancing operational efficiency.
• Invested in sustainable initiatives, such as providing cookstoves in Peru, contributing to social responsibility.

Negative

• None.

The Carbon Trust certifies Gamesys Group as carbon neutral

LONDON, UK / ACCESSWIRE / March 3, 2021 / Gamesys Group (LSE:GYS) has achieved carbon neutral certification from the Carbon Trust. This relates to all of Gamesys Group's direct (Scope 1 and 2) emissions within its operational control.

Recognising the need to take action on climate change, the Group introduced its Environment, Energy & Climate Change Policy in 2020, which included a commitment to becoming operationally carbon neutral by 2021. In the first instance, the Group's focus has been on energy reduction initiatives such as purchasing energy efficient IT equipment, and coupled with the combined impact of COVID-19 these have reduced the Group's gross emissions by 32% year on year using a location-based approach.

Residual emissions were offset by investing in a Gold Standard certified scheme to provide cookstoves to impoverished families in Peru. As well as reducing carbon emissions these fuel-efficient stoves reduce household expenditure on fuel.

Going forward, Gamesys Group's climate change priority is to move electricity supplies to renewable sources wherever practicable, with a goal of achieving a 50% reduction in gross operational greenhouse gas emissions by 2023 (compared to the 2019 baseline).

The Carbon Trust, a global climate change and sustainability consultancy, has verified the Group's 2020 greenhouse gas emissions in accordance with ISO 14064-3 and has certified the business as carbon neutral in accordance with PAS 2060.

Kevin Clegg, Sustainability Director, said: "Becoming operationally carbon neutral is an important milestone for Gamesys Group. It delivers upon one of the Group's core strategic targets and reflects our commitment to sustainability and the worldwide fight against climate change."

John Newton, Associate Director at the Carbon Trust Advisory, said: "Achieving carbon neutrality certification of its organisational footprint is a positive step on Gamesys Group's decarbonisation journey. We hope it will encourage the Group and its stakeholders to further reduce emissions and build a low carbon future."

For more information about the Group's approach to sustainability please see www.gamesysgroup.com.

About Gamesys Group plc
Gamesys Group plc is the parent company of an online gaming group that provides entertainment to a global consumer base. Through its subsidiaries, Gamesys Group plc currently offers bingo and casino games to its customers using brands which include Jackpotjoy, Virgin Games, Botemania, Vera&John, Heart Bingo, Monopoly Casino, Rainbow Riches Casino and MEGAWAYS Casino. For more information about Gamesys Group plc, please visit www.gamesysgroup.com.

Enquiries:
Gamesys Group plc
Jason Holden, Director of Investor Relations
+44 (0) 207 478 8150
jason.holden@gamesysgroup.com

Finsbury
James Leviton
Robert Allen
+44 (0) 207 251 3801
GamesysGroup-LON@finsbury.com

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SOURCE: Gamesys Group PLC

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FAQ

What does the carbon neutral certification from the Carbon Trust mean for Gamesys Group?

The carbon neutral certification indicates that Gamesys Group has successfully offset its direct emissions, demonstrating its commitment to sustainability.

What percentage reduction in emissions did Gamesys Group achieve?

Gamesys Group achieved a 32% reduction in gross emissions year-on-year.

What future goals does Gamesys Group have regarding emissions reduction?

Gamesys Group aims for a 50% reduction in gross operational greenhouse gas emissions by 2023, compared to the 2019 baseline.

How did Gamesys Group offset its residual emissions?

Gamesys Group offset residual emissions by investing in a Gold Standard certified scheme providing fuel-efficient cookstoves to families in Peru.

What initiatives did Gamesys Group implement to reduce emissions?

The Group focused on energy efficiency initiatives, such as purchasing energy-efficient IT equipment.