Skip to Content (press ENTER)
My Account
North America
Canada
Investor Type
United States
Latin America
Argentina
Brazil
Chile
Colombia
Mexico
Panama
Uruguay
Asia Pacific
Australia
Investor Type
China (中国)
Investor Type
Hong Kong (香港 – 中文)
Investor Type
Hong Kong - English
Investor Type
Japan (日本)
Investor Type
Korea
Investor Type
Singapore
Investor Type
Taiwan (台灣)
Investor Type
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Ireland
Italy
 
Luxembourg
Netherlands
Norway
Portugal
Spain
Sweden
Investor Type
Sustainability

Driving Sustainability in our Dublin Office

December 2023 – 2 min read

In this article, Tanya Vutz, Barings’ Associate Director, Corporate Sustainability & ESG, speaks with Alan Behen, Barings’ CEO Ireland about Barings’ goals to reach operational net zero by 2030, and Alan’s work to spearhead several environmental management initiatives in the Dublin office.

Tanya Vutz: In 2020, the Barings Sustainability & ESG team set a firmwide goal to reach operational net zero by 2030. You’ve been supporting on this by championing sustainability initiatives in the Dublin office. Why do you do this?  

Alan Behen: Barings’ Sustainability and ESG team have set ambitious targets around our operational net zero goals and they collaborate with global offices so teammates feel empowered to push for innovative thinking in their own buildings.

My involvement is a result of this collaboration, and also being inspired after seeing the leadership of teammates in London in the EMEA Corporate Properties team who are genuine sustainability champions.

On a personal level, I believe we all have a role to play in creating a healthy working environment that benefits both our teammates and the environment.

“I believe we all have a role to play in creating a healthy working environment that benefits both our teammates and the environment.”

TV: Tell us about the initiatives you implemented?

AB: Over the past year, I’ve led on implementing an environmental management system (EMS) in our office, which was an opportunity for us to enhance the positive impact that we, collectively, have on the environment.

We achieved the highest score in the ISO 14001, an internationally agreed standard that sets out requirements for an EMS. We started by implementing the most obvious first steps that were easily introduced but have a direct positive impact on our ecosystem: establishing dedicated waste and recycling bins, with clear signage and guidance; replacing products in our cleaning process so they are more eco-friendly; reducing single use plastic and communicating the concept of the ISO 14001 accreditation and environmental policy with the Dublin staff.       

TV: What has the impact of this been so far?

AB: We are working through the process of measuring and reporting the impact, which is a goal for next year. However, one qualitative impact is a change in environmental behavior by the staff, which we hope has extended to their home life. I know it has for me: my family and I now actively reduce our energy and water use, recycle and minimize single-use items in our household.

TV: Tell us about the importance of educating the wider team on these initiatives?

AB: Getting team buy-in is so important. As noted above, success is dependent on staff engagement, in us all doing our part together to lead to a change in behavior.

“Success is dependent on us all doing our part to lead to a change in behavior.”

TV: What initiatives have you introduced to support the environment in the communities in which we live and work?  

AB: Earlier this year, we participated in a clothing drive, in support of our charitable partner, Focus Ireland. Everyone in the office donated and six full bags of clothes were received with gratitude.

In addition, Patricia Delahunt, the Co-Champion of our EMS program here in the Dublin office, is currently finalizing our relationship with Leave No Trace Ireland to organize a series of environmental educational impact days/engagement opportunities which include:

  • Learning about the work of Leave No Trace
  • Actively participating in the clean-up of our local environment. This includes picking up litter and identifying local species in biodiversity surveys.  
  • Taking part in Leave No Trace activities to raise awareness and understanding of the principles of Leave No Trace and how to apply them.
TV: What other plans do you have to implement sustainability initiatives in the future?

AB: We intend on building on this momentum to further sustainability in the Dublin office. Future goals include:

  • Introducing plants to the office to aid air quality (and bring some nature indoors)
  • As noted above, arranging environmental volunteering events for the office
  • Measuring, monitoring and managing our waste volumes
  • Engaging the other tenants in our building with shared ideas and shared vendors to reduce our carbon footprint, as well as formalizing a Tenant Green Committee. Along with the other tenants, we’ve also signed off on installing solar panels on our building.

All of us in the Dublin office are looking forward to working together to further this important work over the years to come.

Any forecasts in this material are based upon Barings opinion of the market at the date of preparation and are subject to change without notice, dependent upon many factors. Any prediction, projection or forecast is not necessarily indicative of the future or likely performance. Investment involves risk. The value of any investments and any income generated may go down as well as up and is not guaranteed by Barings or any other person. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

Any investment results, portfolio compositions and or examples set forth in this material are provided for illustrative purposes only and are not indicative of any future investment results, future portfolio composition or investments. The composition, size of, and risks associated with an investment may differ substantially from any examples set forth in this material No representation is made that an investment will be profitable or will not incur losses. Where appropriate, changes in the currency exchange rates may affect the value of investments. Prospective investors should read the offering documents, if applicable, for the details and specific risk factors of any Fund/Strategy discussed in this material.

Barings is the brand name for the worldwide asset management and associated businesses of Barings LLC and its global affiliates. Barings Securities LLC, Barings (U.K.) Limited, Barings Global Advisers Limited, Barings Australia Pty Ltd, Barings Japan Limited, Baring Asset Management Limited, Baring International Investment Limited, Baring Fund Managers Limited, Baring International Fund Managers (Ireland) Limited, Baring Asset Management (Asia) Limited, Baring SICE (Taiwan) Limited, Baring Asset Management Switzerland Sarl, and Baring Asset Management Korea Limited each are affiliated financial service companies owned by Barings LLC (each, individually, an “Affiliate”).

NO OFFER: The material is for informational purposes only and is not an offer or solicitation for the purchase or sale of any financial instrument or service in any jurisdiction. The material herein was prepared without any consideration of the investment objectives, financial situation or particular needs of anyone who may receive it. This material is not, and must not be treated as, investment advice, an investment recommendation, investment research, or a recommendation about the suitability or appropriateness of any security, commodity, investment, or particular investment strategy, and must not be construed as a projection or prediction.

Unless otherwise mentioned, the views contained in this material are those of Barings. These views are made in good faith in relation to the facts known at the time of preparation and are subject to change without notice. Individual portfolio management teams may hold different views than the views expressed herein and may make different investment decisions for different clients. Parts of this material may be based on information received from sources we believe to be reliable. Although every effort is taken to ensure that the information contained in this material is accurate, Barings makes no representation or warranty, express or implied, regarding the accuracy, completeness or adequacy of the information.

Any service, security, investment or product outlined in this material may not be suitable for a prospective investor or available in their jurisdiction. Copyright in this material is owned by Barings. Information in this material may be used for your own personal use, but may not be altered, reproduced or distributed without Barings’ consent.

Contact Us to Learn More.

 


The form was successfully submitted.

There was a problem submitting the form.

 

Any data collected will be processed according to Barings’ Privacy Notice. You can unsubscribe at any time by clicking the link at the bottom of any promotional message we send, or by contacting us using the contact details set out in the Privacy Notice.

 

Related Viewpoints