Bryt By Nature 2023: Our Sustainable Business Report

Bryt Energy
| 24th January 2024 | Sustainability

As a zero carbon, 100% renewable electricity supplier, we have always believed that acting sustainably is quite simply the right thing to do. That’s why we launched our Bryt by Nature programme in 2020, practicing what we preach by fully documenting our journey to becoming a truly sustainable business.

We know that being sustainable is about more than just our environmental impact, so our Bryt by Nature programme consists of four key areas aligned with the values our business holds of being Sustainable, Passionate, Trusted and Pioneering by nature. These values shape all of our company objectives – from how we construct our products to how we influence our wider communities – and help us to deliver our purpose.

With the release of our 2023 Bryt by Nature report, take a look below at the progress we’ve made on our sustainability journey over the past year.

Our progress

This year, we’re proud to announce that, after a robust validation process, the Science Based Targets initiative (SBTi) approved our near-term science-based emissions reduction targets. We’ve joined over 4,000 companies that have set targets with clearly defined pathways to reduce emissions in line with the latest climate science.

We’ve also continued to invest in our sustainable growth – we are thrilled to be celebrating another milestone in our journey by hiring our 100th employee and becoming the 10th largest British I&C (Industrial and Commercial) electricity supplier in 2023*. This is a huge testament to the growth in businesses looking for renewable electricity from conscious partners and marks an exciting development in our ability to deliver our purpose.

Through our collaboration with key technology partners, we’re proud to have helped our customers to use electricity more intelligently and sustainably– providing 10.6MW** of flexibility to the grid and supporting the transition to a net zero energy system. To this aim, we’ve also empowered our customers to take greater control of their energy usage, doubling our yearly target for smart meter installations set for us by Ofgem.

What we’ve learnt this year

This year, our journey has continued to teach us that embedding our sustainability values, policies, and initiatives across our team is essential to achieving our goals. We’ve focused on employee engagement, celebrating various sustainability awareness days and reminding colleagues of the employee benefits on offer to help them make sustainable choices.

A key learning this year has been the importance of collaboration. More than ever, we’ve understood that working in isolation is no longer a viable option in the face of intricate supply chains. We’ve recognised a need to engage more with both external stakeholders and the teams across our business and to gain greater insight into our carbon footprint, enabling us to create a holistic plan to reduce it. We’ve also understood that if the UK is to achieve net zero, organisations will also need to increase collaboration efforts with each other; innovating and evolving our product offerings will be crucial in navigating the complexities of a changing energy landscape, and collectively moving forwards to a net zero, sustainable energy future.

We know we have a long way to go on our sustainability journey but, by sharing best practice and working together, we feel we can create real change, faster. We will continue to be transparent and share what we’ve learnt, in the hope that by doing so we can help others to have a smoother path.

For more details, you can read our 2023 Bryt by Nature report by clicking here: https://www.brytenergy.co.uk/who-we-are/sustainability/.

Sources

*Cornwall Insight’s biannual ‘Business Market Share (Electricity)’ reports – Q2 & Q4 2023 – Q2 supply volumes adjusted by Cornwall Insight as part of Q4 2023 report.

** www.brytenergy.co.uk/bryt-energy-wattstor-partner-for-launch-of-marketshield/

Back to the knowledge hub
Categories
All
Energy
Renewables
Optimisation
Bryt Insight
Sustainability
Relevant NEWS
Bryt Insight February 2024
Bryt Insight February 2024
Read
Why we’re so passionate about our fuel mix
Why we’re so passionate about our fuel mix
Read
Bryt Insight January 2024
Bryt Insight January 2024
Read