The Carbon Impact of Investor Relations Activity 

The Carbon Impact of Investor Relations Activity

The Carbon Impact of Investor Relations Activity

September 1, 2021

Based on an analysis of IR travel from BNY Mellon's Global IR Survey data, we provide insight into the carbon impact of IR activity. As IR teams resume planning travel in the new “normal,” disclosing and offsetting the carbon impact of IR activities can demonstrate transparency and environmental responsibility.

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We constructed four hypothetical IR teams, reviewed the possible impact of their pre-pandemic IR travel and estimated how much that would cost to offset

  • Using the travel reported by participants in the 2019 BNY Mellon Global IR Survey, we estimated the distance of air travel and nights of hotel occupancy of each team pre-pandemic
  •  We then estimated the related carbon impact according to market sources
  • Our estimates and discussion on mitigation strategies include one U.S. and three Non-U.S. teams, making these results applicable globally
What Global IR Teams Would Spend on Carbon Offsets for Travel
Based on travel reported by participants in the 2019 BNY Mellon Global IR Survey1
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There is an opportunity for IR teams to manage their travel schedules to reduce their overall environmental impact alongside any carbon offsets that they purchase. As more companies make net-zero commitments and work towards greater transparency around ESG issues, the Investor Relations team can lead the way to set an example for investors and the rest of the company.

12019 BNY Mellon Global Investor Relations Survey data.


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