Hatmill announces the next phase of its Climate Contribution Strategy

Hatmill is committed to achieving net zero by 2039, with a near-term target to reduce emissions by 40% by 2030. In FY2025, our total carbon footprint was measured at 509 tCO₂e, reflecting improved reporting coverage and the inclusion of upstream fuel and energy-related emissions.

Business travel continues to represent the largest share of our footprint — accounting for around 70% of total emissions — and remains the most challenging area to abate in the short term. These emissions are therefore the focus of our annual climate contribution programme.

What we mean by climate contribution

Our climate contribution strategy enables us to balance those hard to abate emissions by investing in high-quality, verified projects that remove or avoid carbon elsewhere.

These contributions are not a substitute for reducing emissions. Instead, they complement our wider decarbonisation efforts and form part of our broader ESG strategy, demonstrating our commitment to responsible and transparent climate action.

Our climate contribution approach

As part of our ongoing Climate Contribution Strategy, Hatmill has invested in projects to balance 363 tCO₂e of business travel emissions, which remain one of the hardest to abate areas of our footprint.

These investments are delivered through our partner Flotilla, using verified projects sourced from Cloverly’s global portfolio. Each project is selected against clear criteria, including additionality, permanence and long-term impact.

This year’s programme supports a mix of UK based innovation and international nature-based projects, aligning with the UN Sustainable Development Goals and reflecting our commitment to credible climate action alongside continued efforts to reduce emissions at source.

The projects we are supporting

UK – Regenerative Agriculture (343 tCO₂e)

We have invested in a regenerative agriculture project with K. J. Voase & Son in East Yorkshire. The project uses industrial hemp as part of a regenerative farming system to capture and store carbon in soils and biomass. Credits are verified under the Trusted Carbon registry, with independent measurement, reporting and verification to ensure long-term, credible carbon removal.

Beyond carbon removal, the project supports improved soil health, biodiversity and sustainable farming practices, contributing to a more resilient agricultural system.

Nicaragua – Reforestation (20 tCO₂e)

We have also supported the CommuniTree Carbon Program in Nicaragua, a reforestation initiative working with smallholder farmers to grow native tree species alongside existing agricultural practices. The project is certified under the Plan Vivo standard and focuses on long-term carbon removal while delivering social and environmental benefits for local communities.

Looking ahead

Each year, we will review our climate contribution portfolio to ensure quality, credibility and impact, while increasing our focus on carbon removal initiatives as methodologies continue to mature.

Alongside this, we remain focused on reducing emissions across our operations — from promoting lower-emission travel choices to improving the quality of our data and decision-making — as we continue our journey towards net zero.