LNP Audit + Assurance are Carbon Neutral
In a world grappling with sustainability inaction political intransigence and infighting, LNP Audit + Assurance (LNP) recognises it is up to us to act urgently on our own behalf, for the good of our business, our people, our stakeholders and all of our families, friends and descendants.
It is not currently possible for our operations to have no carbon emissions due to the reliance of Australian power generation transport and industry on fossil fuels, so we have taken the best positive action we can to ensure that our operations are at least net-zero - that is we are Carbon Neutral.
What is Net-Zero?
Net-zero means that the direct and indirect emissions that arise from LNP’s operations and the products and services we consume are offset by LNP being invested and involved in projects that sequester carbon (that is take carbon out of the atmosphere), whilst at the same time benefiting communities.
To help us, LNP is working together with Clima, a business dedicated to sourcing and managing projects on our behalf in areas that we believe best achieve carbon sequestration and community benefits to achieve our goals.
LNP's Net Zero Process
The first step in our process was to decide that we would act to make a difference. This is the crucial step. We believe we are setting a precedent in our industry and we encourage everyone to take their own appropriate actions.
The next step was for us to assess and measure our emissions. We carefully reviewed this together with Clima to ensure the integrity of our measurement. Then we chose to offset more than we calculated, to ensure our growth does not tip us out of being carbon neutral before we re-measure next year.
LNP’s Carbon reduction projects – reducing emissions, helping communities, promoting biodiversity
Finally, we chose to invest in a portfolio of quality carbon sequestration and community improvement projects which we think meet our objectives and making a difference. We chose to make the majority of our projects, 70%, within Australia as we believe strongly in helping our local communities, and we thought the final project was a very effective means of protecting old growth trees and habitats, which are critical to our global ecosystem.
By investing in these projects we are actively contributing to reducing carbon emissions whilst promoting sustainable development and helping local communities.
Our projects
Central Arnham Land, NT Australia, Traditional controlled hazard reduction Savannah burning:
The project spans an enormous area of 26,000 Sq Kilometres.
Savannah burning involves implementing indigenous fire management practices and The Central Arnham Land project utilises these traditional lessons of cool burning techniques. These practices reduce the extent and severity of late season wildfires by conducting controlled burning during the early dry season. The project is conducted annually by the traditional owners and add important social and biodiversity benefits.
Darling River, Western NSW Australia, Forest Regeneration:
The Everdale Human-Induced Regeneration carbon project aims to restore and rejuvenate over 5,000 hectares of acacia woodland and eucalypt forest in New South Wales. These ecosystems are home to a variety of species, including many iconic Australian species, and provide important ecosystem services such as biodiversity, carbon capture, and soil and water conservation.
The methods used are assisted regeneration, encouraging natural regrowth while providing support to establish permanent native forests, benefiting biodiversity, carbon capture, and soil/water conservation.
Mai N Dombe, Congo Basin, Democratic Republic of the Congo (DRC), Virgin rainforest protection:
The Mai Ndombe Project in the DRC protects 300,000 hectares of critical bonobo and forest elephant habitat within the world’s second-largest intact rainforest and some of the most important wetlands on the planet in the Congo Basin.
This project reduces the principal drivers of forest and biodiversity loss and is charting a pathway for community prosperity through comprehensive investments into the surrounding local communities, which are among the least economically developed in the world.
Such investments include building and renovating schools, providing healthcare services (such as access to immunisation), supporting food security and nutrition including through agricultural diversification, and providing capacity building activities that empower local communities.
Beyond Our projects
LNP realises sustainability is more than just emissions offsets. Sustainability is a shared responsibility involving us, our employees, suppliers and other stakeholders. We aim to minimise our footprint as well as promote sustainability and community benefit. We have implemented strategies such as occupying 5.5 star and above buildings, adopting waste reduction practices, adopting working at home policies, encouraging our team to use public transport, and reducing and offsetting our flights.
We aim to continuously improve, by actively engaging and continuously reviewing our initiatives, so we can continue to make a meaningful contribution to a sustainable future for all of us.