A NEW LAW – ‘NET-ZERO’
Enshrined in Law, the UK government has committed to bring Greenhouse Gas emissions (GHG) to Net-Zero by 2050.
WHAT IS NET-ZERO?
A balance between GHG levels produced from human activities (i.e., burning of fossil fuels) and the amount removed from the atmosphere through ‘carbon sinks’ (e.g., forests and man-made technology). As a realistic target, reducing your Carbon Footprint can deliver cost savings, and with a mix of carbon offsetting Net-Zero is achievable.
JOURNEY TO NET-ZERO
This begins with calculating how much GHG your business activities produce. A simple method for measuring and expressing a Carbon Footprint is the Carbon Dioxide equivalent (CO2e). This quantifies the effects of the different man-made GHGs in our environment, expressing them as a single unit.
Following this 3-step strategy will provide you with the necessary tools to measure and set targets to reduce your Carbon Footprint and achieve cost savings. It will increase your competitiveness, enhance your brand value, meet the expectations of all your stakeholders, and enable you to reach sustainable growth.
Calculate your baseline CO2 emissions. Multiply your energy use in kWh, available from utility bills, by the conversion factors available from our team.
Energy Efficiency Survey. A walk around checklist to identify immediate, low-cost opportunities that enhance the energy performance of your building (e.g., insulation or draft proofing). Other opportunities (e.g., lighting and Heating) may need financial investment, we can help identify grant support options.
Improvement Plan. Using the opportunities (steps 1 & 2), prioritise as projects delivering the largest efficiency improvements whilst preserving savings. Set Energy/CO2 reduction targets and monitor in monthly reporting. With commitments to emissions reduction, your business can save money and help the UK achieve Net Zero — Do Well by Doing Good.
Get in touch to obtain advice on carbon calculations, targets and reporting, a ‘Walk-around survey’, and grant funding options linked to your CO2 reduction targets and Energy Efficiency Projects:
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Post by Kelvin Roach, Supply Chain Programme Advisor.