Targeting a Net Zero future
The UK Government has set an ambitious goal to reach net zero greenhouse gas emissions (GHG) by 2050. The majority of businesses still have quite a way to go when it comes to reporting but legislative, customer and investor pressure is pushing them to go further, faster. It has never been more important for companies to understand and report their environmental impacts but to do this, a comprehensive understanding of where emissions are coming from is critical.
Scope 3 emissions, also referred to as indirect or upstream carbon emissions, are an often overlooked aspect of an organisation’s carbon footprint but can make up over 90% of total emissions. These emissions stem from the use of products and services across a business’ operations and supply chain. This can include the extraction and production (upstream) phase as well as the end-of-life disposal (downstream) phase.
This infographic highlights the importance of indirect emissions, some of the reasons why organisations struggle to tackle the scope 3 part of their carbon footprint and what they can do about it.
Prioritising supply chain transparency
Energy Market Trends: November 2023
Our Risk Manager, Alex Mottershead breaks down the market factors that have influenced gas and electricity prices across November, crucial reading for any business exploring energy procurement.
The month in energy: November 2023
We’ve rounded up the must-read news across the net zero and energy world this past month of November 2023. What the Autumn Budget means for UK businesses and energy Take a look at the key...
Five free carbon reporting tools
Carbon reporting is becoming an increasingly essential element of business activity. Whilst larger UK businesses need to do it to comply with SECR legislation, many smaller companies are realising...