Climate Change is the number one concern facing our planet and there is a great opportunity for leading businesses to reduce risk, save money and innovate.
In addition, there are legal and market drivers, e.g. under the Companies Act 2006 (Strategic and Directors’ Reports) Regulations 2013, quoted companies are required to report their annual greenhouse gas (GHG) emissions in their directors’ report.
Streamlined Energy and Carbon Reporting (SECR) legislation will take affect from 1st April 2019. This will require all quoted companies, large businesses (as defined by the Companies Act) and large Limited Liability Partnerships to publicly report UK Energy and Carbon within their Directors report. Quoted companies will now also be mandated to report on global energy use. SECR aims to align existing initiatives such as the Energy Savings Opportunity Scheme (ESOS) and Mandatory Greenhouse Gas Reporting (MGHG).
We provide our clients with a simple service which informs appointed Carbon Champions how to calculate and report the carbon footprint of their organisation. Once the footprint is measured there are options for reporting and reduction. The process can be based on recognised methodologies, such as the internationally recognised Green House Gas Protocol and uses the latest UK Government Conversion factors and international energy agency factors where relevant.
We recommend a simple 3-step process:
Step 1 | Commit
We recommend that you start from a position of knowledge and understanding about climate change and carbon footprinting by attending Northumbria University approved Carbon Champion Course: Carbon footprinting, Reporting and Management (Including an introduction to the Greenhouse Gas Protocol). Further information about this course can be found here. On completion of this course you will receive your “Smart Carbon Level 1: Committed” logo (to be used on your marketing publications/website).
Step 2 | Calculate & Report
- World Resources Institute/World Business Council for Sustainable Development (WRI/WBCSD) Greenhouse Gas Protocol – A Corporate Accounting and Reporting Standard (Revised Edition);
- The Companies Act 2006 (Strategic Report and Directors’ Reports) Regulations 2013;
- ISO14064-1 (2018): Specification with guidance at the organisational level for quantification and reporting of greenhouse gas emissions and removals.
- Carbon Disclosure Standards Board – Climate Change Reporting Framework.
With our Smart Carbon Calculator you will be able to enter your activity data and calculate your business’ carbon footprint. This sophisticated webtool will use current UK government approved conversion factors and international energy agency factors (where relevant) to automatically calculate your carbon Footprint. The results can be added to the Directors Report.
Subscription will include:
- User logins
- User guide
- Telephone and email support
- Final report
- Your “Smart Carbon Level 2: Reported” logo (to be used on your marketing publications/website)
Step 3 | Act
Taking action to reduce the carbon impact of your organisation can bring a host of benefits including financial savings, enhanced reputation and moral benefits. There are various options include:
- Develop and implement carbon/energy reduction and management plans
- Energy audits (ESOS and ISO 50001)
- Completing CDP returns
- Energy awareness training
- Carbon managed supply chain
- Offsets (e.g. local woodland creation and global options)
Once you have implemented the recommended actions, you will be provided with your “Smart Carbon Level 3: Acted” logo (to be used on your marketing publications/website).
- Legal compliance (e.g. for quoted and large businesses)
- Market leadership and improved reputation
- Improves scores in sustainability initiatives and tender processes
- Meet stakeholder expectations (e.g. investors, customers, staff)
- Manage climate related risks and opportunities
- Demonstrates a commitment to continual improvement (supports ISO 14001)
- Identifies opportunities for financial savings
- Moral – take action on climate change
For more please visit: www.smartcarboncalculator.com