Carbon Reduction Plan
Our Reduction Plan
We As part of our commitment to environmental stewardship and sustainable development, we have recently implemented a comprehensive Climate Transition Plan designed to align with the objectives of a 1.5°C trajectory, as per international climate goals.
To facilitate this commitment, we have initiated the process of rigorous measurement and disclosure of our environmental impact through the CDP’s Online Reporting System. Our reports are subjected to meticulous auditing and evaluation by the CDP to ensure accuracy and transparency, reflecting our dedication to environmental accountability.
Furthermore, our environmental methodology and policies undergo rigorous scrutiny, both internally and through third-party assessments, in line with our ISO 14001 accreditation. This ensures our operations meet the highest environmental management standards.
For the fiscal year 2022-2023, we recorded a total emission footprint of 155 metric tonnes. We have set an ambitious target to reduce our emissions by 6.5% annually over the next three years. We believe this target is attainable, supported by a detailed analysis of our environmental risks and opportunities, and bolstered by our current sustainability initiatives.
We are confident that our proactive approach and strategic measures will enable us to achieve these reductions, demonstrating our unwavering commitment to environmental excellence and leadership in climate action.
2022-2023
2023-2024
2024-25 Target
2025-2026 Target
Scope 1: 46.24
Scope 2: 58.76
Scope 3: 50.0
Total: 155.00
Scope 1: 42.68
Scope 2: 41.2
Scope 3: 32.0
Total: 115.88
108.36
101.33
There are 3 emissions we are monitoring are:
- Scope 1 emissions: Direct emissions from assets owned or operated by the company (e.g., emissions from petrol/diesel in company vehicles or other process emissions).
- Scope 2 emissions: Indirect emissions from the generation of purchased energy (e.g., electricity and purchased heat/steam).
- Scope 3 emissions: Indirect emissions from all other value chain activities (e.g., “upstream” emissions from suppliers and their value chains; “downstream” emissions from customers using your product/service and its end of life).
- *Targets set by UK companies disclosing through CDP imply an average decarbonisation of 6.5% p.a. for Scopes 1 and 2 in the near term (before 2030), and 3.9% p.a. for Scope 3 in the near term. These targets are ambitious—on average, they exceed the 4.2% p.a. reduction in Scope 1 and 2 emissions required by the Science Based Targets initiative (SBTi) for a 1.5°C pathway.
- **To calculate greenhouse gas emissions, we use UNEP Guidelines for Calculating Greenhouse Gas Emissions for Businesses and Non-Commercial Organisations.
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