Environment

At Irish Life we are actively working towards reducing our environmental footprint. Our sustainable ambitions are actioned across areas such as real estate, energy and day-to-day decisions. We understand the need for our organisation to meet its needs for goods, services and utilities in a way that is mindful of the need to protect the environment while also doing good for the local community and economy.
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Responsible Investing

The vision at Irish Life Investment Managers (ILIM) is to build better futures.  This commitment includes managing the assets entrusted to us by our clients (as well as our own assets) responsibly, with the aim of delivering longer-term sustainable returns.

Since 2010, we have been committed to the United Nations Principles for Responsible Investment (UNPRI).
Responsible investing goes beyond how we manage portfolios, we recognise the part we play in contributing to the overall long-term sustainability of the market by promoting responsible investment practices with stakeholders for the benefit of all.

ILIM supports the Task Force on Climate Related Disclosures (TCFD).
For more information, visit ILIM.com or read our latest blog post on Responsible Investing.

Building a better future

In 2019 Irish Life opened a new customer service centre at Finnabair Business Park in Dundalk. Designed from the outset to be eco-friendly and energy-efficient, the building has brought to life a number of sustainable efforts. Our new offices in Dundalk are a testament to this way of thinking and a significant benchmark on how to design an environmentally friendly workplace. Designed from the beginning to be a Near Zero Energy Building (NZEB), it generates as much energy as it consumes, and achieved a Leadership in Energy and Environmental Design (LEED) gold standard in January 2020.

Letting the Light in

A roof-lit central atrium brings in natural daylight and high-efficiency, daylight-dimmed LED lights shut off automatically if a workspace hasn’t been active in over 15 minutes.

Smart Water Usage

Rainwater harvesting systems, as well as low-water-usage sanitary fittings in all toilet, shower and kitchen areas, were implemented. Native plants and mindful landscaping remove the need for watering plants. 

Mindful Energy Management

An A3 Energy Rating was achieved through features such as intelligent heating and cooling systems and high-performance glazing on windows. A large photovoltaic panel array feeds electrical energy back into the building systems and reduces its demand on the local electricity network.

Commuter Friendly

Electric car charging spaces, hybrid car spaces, and car-pooling spaces provide more sustainable travel options for employees alongside 20 bicycle racks and 5 showers on site.

A Better Working Environment

Glass facades and open-plan office areas provide employees with a relaxing view of the outdoors. A fully fitted staff gym enhances staff fitness and wellbeing. And different working areas, including break out zones and individual pods, allows for more flexible working.

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Maintaining a Sustainable Workplace

We are constantly improving practices in our workplace to create a more positive impact on the environment. For example:

Tracking Our Emissions

Abbey Street campus carbon emissions data is submitted to a carbon reduction project which scores and benchmarks how we are performing on energy reduction. We are pleased to report that we are seeing improvements each year.

Environmental Policy

The Environmental Group’s policy is on display our Dublin campus and is widely communicated as part of yearly staff training and as part of the annual contractor confirmation process.

ISO 14001:2015

ISO 14001 is an internationally recognised Environmental Standard which we have held since 2010 for Block 3 (the main building)  We further extended the scope to include Abbey Court in 2016 and Block D in 2018. We have since successfully transitioned to IS014001:2015. An Annual Audit is carried out each year by an external company.

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Reporting

As part of Great-West Lifeco, Irish Life participates in annual reporting to CDP’s Climate Change Questionnaire.

CDP requests information on climate risks and low carbon opportunities from the world’s largest companies on behalf of over 590 institutional investor signatories with a combined US$110 trillion in assets.

Through its CDP reporting, Great-West Lifeco has demonstrated commitment to sustainability across operations, risk management practices, and in assessing the exposure of its investment portfolio to a broad range of climate-related risks and opportunities. 

Great-West Lifeco’s annual response to CDP’s Climate Change Questionnaire details our commitment to understanding and proactively addressing the potential impacts that climate change may have on our business.

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Biodiversity

We have only one planet and we like to ensure that through our business we take care of it. Some of our actions to enrich the environment in which we work include:

Consideration Towards Flowers

Irish Life has consulted with beekeepers and biodiversity experts to lengthen the season of nectar availability in our landscaping.

Landscaping

Nutrient-depleting hedges in our landscaping have been replace with nectar-rich plants such as Nepeta, single roses, and provide colour as well as attracting pollinating insects.

Bug Hotel

We introduced a Bug Hotel and welcomed beehives to our Abbey Street and Dundalk campuses and produced our own honey for the first time in 2021

Our Beehives

Our hives in Dundalk can host approximately 40,000 bees and each beehive has a queen bee associated to it.

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