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Matrix achieves carbon neutrality and lays out commitment to reach net zero by 2040, in annual ESG report

Mark Inskip – CEO, Matrix

Workforce technology and services platform Matrix has officially become carbon neutral, having offset its carbon footprint by investing in a program that also addresses poverty by creating jobs, aligning with its goal of connecting people to work.

The update came as part of Matrix’s Annual ESG Report, which outlines key activities that took place in 2022 across all of its environmental, social & governance (ESG) workstreams.

In addition to offsetting the company’s carbon footprint, driven by an investment in Weyerhaeuser Uruguay, Forest Plantations on degraded Grasslands Under Extensive Grazing, Matrix has reaffirmed its commitment to a carbon reduction plan to reach net zero by 2040 – which includes a move to consolidate its data centre and migrate to Microsoft Azure, who are more aligned to environmental aspects of cloud computing.

Green initiatives have also been included in Matrix’s Social Value work. Throughout 2022, the firm has also adopted improved inclusive hiring processes that value people and diversity, progressing from level 1 to level 2 on the disability confidence scheme, and signing the Armed Forces Covenant to ensure fair treatment of those who have served.

“Matrix is committed to implementing sustainable and responsible business practices that align with our ESG principles alongside our purpose of connecting people to work,” says Mark Inskip, CEO, Matrix. “We recognise the importance of protecting the environment and promoting social and economic development within both our local and national communities. By aligning our ESG aspirations to our business purpose, we can not only improve our bottom line, but also contribute to building a more sustainable future for all.”

In line with its mission to do business responsibly, Matrix has also signed up to the Slave Free Alliance and the Real Living Wage Foundation to ensure all staff receive a wage that meets every day needs, continuously reviewing and improving all processes and policies.

Looking ahead to what’s to come in 2023, Matrix will continue to invest social programmes that value its people and diversity, including supporting individual growth, continue to work towards its goal of net zero by 2040 by consolidating its data centre, and work to improve the community through a charity partnership with Refugee Action.

“We are delighted with the progress we have made on our ESG aspirations and we want to push this even further in 2023,” said Inskip. “Our next step to ensure we are a responsible business is to make sure this is reflected across the supply chain we engage with, supporting our suppliers by offerings guidance and training on key themes including diversity, equity and inclusion.”

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