BPI has announced its commitment to achieving Net Zero emissions by 2050. As part of this pledge, BPI has set out a comprehensive Carbon Reduction Plan to drive meaningful change and enhance sustainability across its operations.

The goal positions BPI as an industry leader reinforcing its commitment to reducing Scope 1, 2, and 3 emissions. While the company has shown dedication to sustainability, it is now taking a structured approach to carbon reduction, ensuring that every aspect of its operations aligns with best environmental practices.

The company is currently in the process of partnering with experts to establish its total baseline emissions, measured in tonnes of CO2 equivalent (tCO2e). This assessment will provide a clear reference point to track progress and identify further opportunities for emissions reduction.

This commitment aligns with BPI’s vision to be the first choice for dynamic asset disposal and its mission to inspire businesses to buy and sell assets the easy way, generating maximum return on investment while fuelling the circular economy.

BPI has already taken key steps to reduce its environmental footprint, including the installation of solar photovoltaic panels at its Head Office in Normanton and the introduction of recycling facilities across its operations. Moving forward, BPI Auctions plans to achieve ISO 14001 certification by mid-2025, establish a firm baseline emissions figure, and set near-term targets for further Scope 1, 2, and 3 reductions.

The company is also focused on measuring and communicating carbon savings for sellers who utilise its auction services, educating the business community on how auctions contribute to the circular economy, providing sustainability training for employees, and implementing ethical and sustainable procurement policies.

David Boulton, Managing Director of BPI said: “At BPI, we believe that sustainable business practices are essential for long-term success. Our commitment to achieving Net Zero by 2050 underscores our responsibility to the planet and the communities we serve. Through tangible action and industry leadership, we aim to not only reduce our own carbon footprint but also help our sellers embrace sustainability through auctioning their assets and fuelling the circular economy.”

BPI’s full Carbon Reduction Plan can be found here – BPI Carbon Reduction Plan