Many businesses are looking at ways of reducing their impact on the environment. This is often driven by commercial partners, consumers and even government demanding that organisations take a careful look at the way in which they are reducing their carbon footprints. As more attention is focussed on the environment and its future, this is set to increase.
Working out and then reducing the carbon footprint of your business or even of a specific product line can have a number of benefits, including showing market leadership and product differentiation and producing cost savings.
A carbon footprint calculation can be used to assist with legislation (see CRC Energy Efficiency Scheme below), to meet stakeholder (customers and investors) requirements or simply as a tool for internal management processes.
If you would like more information on how we can help with a carbon footprint calculation for your organisation, please contact us.
CRC Energy Efficiency Scheme
The UK aims to reduce its carbon emissions by the introduction of a mandatory carbon reporting and pricing scheme which came into force in April 2010. This scheme complements the established EU Emissions Trading Scheme and the Climate Change Agreement regime.
The CRC Energy Efficiency Scheme is directed at large public and private sector organisations. It is estimated that these organisations are responsible for 10% of the UK’s emissions.
If your organisation has at least one half-hourly electricity meter (HHM) settled on the half-hourly market then you will be caught by the Scheme. Organisations that consume more than 6,000 megawatt-hours per year of half-hourly metered electricity must participate in the Scheme in full and register with the Environment Agency. Those organisations that do not meet the 6,000 megawatt-hours per year threshold are required to make a disclosure on electricity use.
Organisations that exceed the threshold are required to monitor their energy use and, from 2012, will have to purchase allowances for each tonne of CO2 emitted. At the end of a year, each organisation must surrender the allowances equivalent to its emissions during that year. An annual performance league table is then produced which ranks those organisations affected on energy efficiency performance.
Organisations which are obligated under the Scheme but do not comply will face hefty and onerous fines.
Our team can help work out whether your organisation is affected by the Scheme and assist with the process of registration.