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Our commitment to ESG

At Cutover we recognize that long-term success goes hand-in-hand with responsible action. Our Environmental, Social and Governance (ESG) initiatives are not just checkboxes — incorporating them sensibly is part of how we work, make decisions, and build for the future.

Environmental responsibility

We’re working to reduce our environmental footprint and contribute to a sustainable future.

  • Carbon Measurements: We aim to measure and report our Scope 1, Scope 2, and Scope 3 greenhouse gas emissions by the end of the 2025 fiscal year.
  • Sustainable practices: We are incorporating eco-conscious decisions across our operations, from responsible waste management to green procurement policies.
  • Future focus: We are exploring carbon offset initiatives and circular economy models as part of our long-term sustainability strategy, with the aim of reducing our overall emissions.

Social impact

We are committed to making a meaningful difference for both our people and the communities we serve. Some of our key initiatives include:

  • Cutover for Good, launched in 2022, includes partnerships with local NGOs. We support these organizations through fundraising efforts, employee volunteering days, and seasonal charity toy collections for children and pets.
  • We have implemented inclusive workplace policies, covering areas such as menopause, pregnancy loss, and enhanced parental leave.
  • We host gender inclusion listening sessions to hear directly from female employees and ensure their perspectives are represented.
  • Our Human Skills Program provides over 10 hours of training to all employees, covering critical topics such as inclusion, unconscious bias, and leadership development.

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Governance & transparency

We believe strong governance fosters trust among our teams, customers, and partners. Our current initiatives include:

  • An ESG Working Group, tasked with providing leadership and strategic direction for our sustainability efforts.
  • An ongoing policy refresh across our people, equity, diversity, inclusion (EDI), and ethics standards to ensure relevance and clarity.
  • Bi-annual performance reviews, supported by a calibration process designed to mitigate potential bias.
  • Regular employee engagement surveys, followed by targeted action planning based on feedback.
  • A continued commitment to data privacy, legal compliance, and ethical conduct in all areas of our operations.

Our goals & progress

We hold ourselves accountable by setting clear goals and tracking measurable progress.

Initiative

Year

Status

Human Skills Program rollout

2024

Complete

Inclusive Policy Suite

2024

Complete

ESG Working Group

2025

Complete

ESG Consultant Engagement

2025

Complete

Measure Scope 1, 2 & 3 Emissions*

2025

Complete

Establish and implement a climate-related target

2025

Complete

Exploring initiatives to reduce emissions internally and through verified carbon removal programs

2026

In Progress

Emissions definitions

  • Scope 1: Direct emissions from owned or controlled sources, such as company vehicles and onsite fuel combustion.
  • Scope 2: Indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the company.
  • Scope 3: All other indirect emissions that occur across the value chain, including those from suppliers, business travel, product use, and waste.

Emissions values

Scope 1

1.90 tCO₂e

Scope 2

3.49 tCO₂e

Scope 3

646.75 tCO₂e

Calculated in line with Natural Carbon Solutions’ methodologies, which harmonise leading best-practice frameworks across the sector – including the GHG Protocol and the requirements of ISO 14064-1:2018.

Our Carbon Footprint

In 2024, Cutover’s verified carbon footprint totaled 652 tCO₂e.

Our Scope 1 and 2 emissions (direct emissions from our offices and purchased energy) were very low, at just 5 tCO₂e. 

The vast majority (99%) of our footprint comes from Scope 3 emissions, which include business travel, purchased goods, and employee commuting. This is where we have the greatest opportunity to make a measurable impact as we strive towards carbon neutrality.

Our Climate Targets

  • By 2028: Reduce our emissions intensity by 15%.
  • By 2040: Reduce our emissions intensity by 50%.

Our Focus Areas

  • Offices (Scope 1 & 2): Collaborate with landlords and office providers to expand renewable energy sourcing and improve energy efficiency.
  • Suppliers (Scope 3): Engage with key suppliers to strengthen emissions data quality and work together on targeted reduction initiatives.
  • Travel (Scope 3): Monitor and reduce the carbon impact of business travel using enhanced tracking tools and sustainable travel practices.
  • Commuting (Scope 3): Conduct annual employee commuting surveys and promote low-carbon commuting options.

By tackling all three emissions scopes, we’re taking transparent, practical actions to cut emissions, strengthen our supply chain, and meet the expectations of our customers, investors, and employees.

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