Lovespace

At LOVESPACE we have joined forces with Furthr, as part of our commitment to doing our bit for the planet.

For the second year of our carbon emissions reporting, we've focussed on improving data collation, adding our packaging materials and travel habits to our measurement process.

With Furthr's assistance, we've gained a clearer picture of our carbon footprint. We're now taking proactive measures to lower our emissions and counterbalance any that remain. Dive into the detailed breakdown of our 2022 emissions below.

Beyond just reporting, we are also committed to making meaningful investments in projects on the frontline of the climate crisis. These initiatives align with our pledge to neutralize our emissions and invest in lasting environmental solutions.

We also engage our employees in the journey with the Furthr platform, which allows our team to measure their own carbon footprint and learn how to live more sustainably every day.

Impact

Spotlight

Highlights

752

2022 Footprint (tCO2e)

223,128

Box Movements Offset

3

Projects in 2023 Portfolio

34

Employees Engaged

Emissions Breakdown

2022 Emissions

Annual Comparison

Emissions by Scope

Emissions by Category

First Footprint and Offset

LOVESPACE measured their 2021 carbon footprint and offset their footprint for the first time.

Sep 2022

Second Footprint

LOVESPACE teamed up with Furthr to calculate their 2022 footprint. In this measurement, there was a significant expansion of scope to include all activities undertaken by the business.

Jun 2023

Second Offset

LOVESPACE offset their 2023 carbon footprint with 3 projects, supporting clean energy and carbon reduction in communities.

Sep 2023

Lovespace's Climate Journey

Impact

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10,000

Flights
London-Rome

204o

Car Trips
London-Manchester

10,000

M² Sea Ice
Saved

10,000

Beef Steak
Consumed

204o

Years of
Home Power

10,000

Parcels
Delivered

ESG Reports

2022 Report

Carbon Offset Portfolio

100%

Footprint Covered

66%

Carbon Reduction

33%

Carbon Removal

Mitigating for unavoidable emissions

A carbon offset is a mechanism by which a company can compensate for its unavoidable emissions.

Furthr's offsets come in two forms:

Carbon Reduction Offsets, where we protect nature & fund technologies that drive carbon reduction.
Carbon Removal Offsets, where we fund nature and tech-based projects which remove emissions from the atmosphere.

100

tCO2e offset

Biomass Energy Generation, India

100

tCO2e offset

Bergres Wind Power, Turkey

100

tCO2e offset

Improved Cookstoves, Uganda

Project Name	Registry Link	Tonnes Allocated	Reporting Period	Retirement Certificate
Improved Cookstoves, Uganda	Here	251	2023	Retired
Biomass Energy Generation, India	Here	251	2023	Retired
Begres Wind Power, Turkey	Here	251	2023	Retired

Scroll right to reveal more of your audit documentation table including Registry Link, Tonnes Allocated, Reporting Period and Retirement Certificate for your projects

Furthr's Due Diligence and Independent Verification

Furthr's in-house due diligence process rigorously assesses each project for its long-term impact (permanence), unique contribution to carbon reduction (additionality), and broader environmental, social, and economic benefits and safeguards (co-benefits).

We also carefully consider potential unintended negative impacts (leakage) and ensure robust greenhouse gas reduction calculations for the integrity and effectiveness of our projects. The latter is done by ensuring third-party auditing and governance are robustly managed by project developers, who themselves have experience and track record in delivering the highest quality carbon projects.

In our commitment to ensure the highest quality of carbon offsets, we collaborate with leading third-party agencies such as BeZero, Sylvera, and CCQI. These agencies specialize in meticulously evaluating carbon offset projects, offering an additional layer of validation to our selection process.

Projects Supported

The Problem

With a rapidly expanding economy and population, India is in dire need of a reliable and sustainable energy supply to facilitate economic growth and mitigate escalating pollution levels. The country is also a major producer and consumer of both dairy and rice, with the dairy industry in particular having a significant impact on global warming.

The Solution

The dairy company Chanakya Dairy Products are lowering their environmental impact by switching their boiling system from fossil fuel to a renewable biomass steam boiler that runs on rice husks.

Biomass Energy Generation, India

India

Biomass Energy

Carbon Reduction

2022

251

tCO2e offset

Biomass Energy Generation, India

Quick View

The Problem

In Turkey, a significant portion of electricity generation has traditionally been reliant on fossil fuels, contributing to high greenhouse gas emissions. This reliance not only exacerbates global climate issues but also challenges Turkey's commitment to transitioning towards renewable energy sources, as outlined in its national energy policies.

The Solution

The Bergres Wind Farm Project addresses this challenge by establishing a large-scale wind power plant capable of generating 238 MWh of electricity annually. By feeding clean energy into the national grid, the project supports Turkey's renewable energy goals and local economic development, creating jobs and providing local equipment supply.

Bergres Wind Power, Turkey

Turkey

Wind Energy

Carbon Reduction

2022

251

tCO2e offset

Bergres Wind Power, Turkey

Quick View

The Problem

In Uganda, the prohibitive cost of alternative cooking fuels means most families rely on charcoal. The harvesting of wood for charcoal is a major contributor to the country's deforestation problem, which negatively impacts farmers' livelihoods. Inefficient cookstoves, or open fires mean that more cooking fuel is burned than necessary.

The Solution

By burning biomass based fuel (in this case, charcoal) more efficiently than the traditional open fire, efficient stoves lower the amount of cooking fuel each household needs. In turn, this reduces household emissions. Lower household emissions means less GHGs, which contribute to global warming, are released into the atmosphere.

Improved Cookstoves, Uganda

Uganda

Energy Efficiency

Carbon Reduction

2022

251

tCO2e offset

Improved Cookstoves, Uganda

Quick View

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Highlights

752

223,128

3

34

Emissions Breakdown

Emissions by Scope

Emissions by Category

Sep 2022

Jun 2023

Sep 2023

Lovespace's Climate Journey

Impact

10,000

204o

10,000

10,000

204o

10,000

ESG Reports

Carbon Offset Portfolio

100%

66%

33%

Mitigating for unavoidable emissions

100

100

100

Furthr's Due Diligence and Independent Verification

Projects Supported

Project Spotlight