Community Broker Network (CBN) has announced that it is “officially carbon neutral” as part of its ongoing Environmental, Social, and Governance (ESG) strategy to promote sustainability.

The authorised representative network says the move to carbon-neutral marks an “important milestone” in its efforts to combat climate change and “ensure that insurance remains accessible and affordable”.

CBN CEO Richard Crawford says a shift towards climate sustainability “is not only the responsible thing to do, it is also good for business”.

“We believe that by prioritising sustainability, we can better support our community, especially given the impact climate has on the affordability and accessibility of insurance,” Mr Crawford said.

“We recognise that climate change is one of the greatest challenges of our time, and that there is still a long way to go. However, we are proud to be doing our part to create a more sustainable future.”

CBN says it has continuously supported efforts to eliminate, reduce and offset its carbon footprint through internal initiatives and funding for climate projects.

It partnered with climate tech company Trace to document and verify its climate profile and ongoing support for initiatives.

Data from Trace’s website shows that CBN’s carbon profile for last year resulted in 3768 extra trees planted and a 100% offset of its emissions via funding for climate schemes.

CBN Executive Manager of Strategy and Culture Nese Akay says the commitment sets the blueprint for the group’s intended goal of becoming a net-zero organisation.

“In becoming a carbon neutral organisation, we are committing to reducing our climate impact by eliminating, reducing, and/or offsetting our carbon footprint,” Ms Akay said.

“We now have a benchmark to ensure we continually improve and are taking proactive steps to reduce our footprint through the way we operate in business and in our community.”

Click here to view CBN’s climate profile.