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Annual Report & Accounts 2026

18
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) CONTINUED
KEYSTONE EMISSIONS TCO2E (PRE PURCHASE OF CARBON CREDITS)
tCO2e
2026 2026 Scope 21
13
14.3
Scope 32
293
248.3
306
262.6
Scope 2 (kWh) 67,552
73,741
1
Scope 2 represents indirect emissions generated by the purchase of electricity, heating and cooling. 2 Scope 3 represents other indirect emissions generated by our business and people whilst carrying out their jobs.
CARBON INTENSITY
2026 2026 tCO2e per £m revenue
2.7
2.7
Revenue £’m 115.2
97.7
tCO2e per person
0.44
0.41
No. of people1
696
632
1
No. of people is the average number of employees, Principals and Pod Members in the year.
CORPORATE CULTURE AND OUR PEOPLE
Keystone’s culture sits at the heart of its success. Our lawyers benefit from a flat structure, transparent and consistent remuneration policy, the absence of politics and a supportive and inclusive community. This creates an open, positive and empowering environment in which they can thrive and drive forward their practices. Within the central office team, we engender a positive client-focused culture, where our lawyers are treated as clients as well as the clients of the firm. By engendering this supportive culture with our lawyers, we ensure that they are free to focus on client development and delivering legal services which is wholly consistent with the Group strategy. By attending the many social and networking events which we run for our lawyers; the management team have ample opportunities throughout the year to assess and monitor the state of the culture amongst our lawyers. Our confidential lawyer survey provides a further channel through which lawyers provide feedback to the management team on a range of aspects both practical and cultural. Furthermore, the Executive members of the Board work closely with the rest of the central office team, thus guiding and enhancing the positive behaviours and attitudes which underpin the corporate culture.
As a law firm, Keystone is regulated by the SRA and, as such, complies with the SRA Code of Conduct. Central to this Code is a series of obligations placed on the Group and its lawyers to operate with integrity and uphold the rule of law.
Keystone’s business model drives positive behaviour. It aligns the interests of clients and lawyers, both of which are fulfilled through the Group and the support the lawyers receive and use in advising the clients.