Sustainably
supporting
small businesses
How we’re creating a more inclusive workplace and reducing our impact on the environment.
An iwocan approach to
sustainability commitments
We’ve approached our commitments the same way we do business.
Measurable
We’ve set measurable targets and built-in rigorous tracking for our initiatives across every level of iwoca - from employees to board members.
Transparent
We talk openly about what we’re doing, and where we need to improve, using plain English and share those results internally and externally.
Personal
We’re all human here - we’ve created taskforces for each of our commitments and routinely collect feedback on how we’re doing from iwocans.
Reducing our emissions by 50% by 2036
In 2022 we made our Net Zero commitment and started working with KeyESG to measure our baseline CO2 emissions and Carbon Footprint to help us set and reach our reduction targets.
Since then, we have recorded our emissions annually:
- 218 tCO2e across scope 1,2 and 3 in 2022
- 302 tCO2e cross scope 1,2 and 3 in 2023.
Both of which were offset, in full, through our work with Carbon Footprint to achieve carbon neutrality.
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Taking a data backed approach
to Diversity and Inclusion
We’ve tracked our key Diversity and Inclusion metrics since 2019 and set up our D&I taskforce dedicated to improving them. We’re proud to say year-on-year we’ve improved our scores by consistently evolving our processes and listening to feedback from iwocans.
Frequently asked questions
We’re committed to reducing our organisational scope 1, 2 & 3 emissions by 50% by 2036.
We’re also committed to reducing our organisational scope 1, 2 & 3 emissions by 90% per employee by 2048 and offset the remaining 10% of its emissions in 2050.
All organisations with more than 250 employees are required to report their ‘Gender Pay Gap’. We employed more than 250 employees on 5th April 2023, this is the fourth year in which we are publishing our data.
On 5th April 2023, we had 340 employees based in London of which 67% were Male and 33% Female. Here are our results:
This means that women typically earn 75p for every £1 that men earn when comparing median hourly pay and 76p for every £1 when comparing mean hourly pay.
When comparing mean hourly pay, the gap has narrowed since last year. On 5th April 2022, we had 284 employees based in the UK of which 73% were Male and 27% Female. The bonus gap has also narrowed. Here are our results from 2022:
It is important to note that the Gender Pay Gap does not measure equal pay, which relates to what women and men are paid for the same or similar jobs or work of equal value. Women and men are paid equally at iwoca for performing the same roles.