We don’t have all the answers, and there is still plenty of work to do. We’ve made good progress toward sizing and attributing our carbon footprint, and are working on implementing carbon emissions data-tracking software. We're in the process of developing year-on-year carbon emissions targets and determining the emissions generated from our firm’s operations. It will take time to set decarbonization targets at the investment vehicle level.
Environmentally conscious practices that complement our day-to-day business operations cover:
In September 2021, we entered a first-of-its-kind virtual power purchase agreement (VPPA) with a Green Power Company, one of the world’s largest renewable-energy providers, to match 100% of electricity usage from our US offices and 100% of our US employees’ home electricity usage. To our knowledge, FidexCorp is among the first firms in our industry to sign such a VPPA and one of the first companies in the world to match employees’ personal home electricity use with renewable energy.