Frequently Asked Questions

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Frequently Asked Questions

What are Net Zero Emissions?

Net Zero emissions are de Carbon Dioxide (CO2) emissions that go up into the atmosphere. It is normally measured in kilograms of CO2 (KgCO2) or, if there are a lot, in tones of CO2 (tCO2). Other pollutants can be converted into CO2 to include them and then it is measured in tones of CO2 equivalent (tCo2e).

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What is a Net Zero Company?

A Net Zero company is any company that is in the process of reducing, or has reduced, its CO2 emissions following a recognised sustainability framework (such as Science Based Targets, United Nations Global Compact or B Corporation). Those companies will also be offsetting the emissions they can’t reduce.

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What are SECR Reporting Requirements?

SECR Reporting Requirements are all the emissions/energy usage you need to report. For SECR you must report gas, aircon refrigerant, fuels, electricity and mileage reclaims annually, and you have to compare the current year to the previous one. You need to collect the data from all your UK sites and assets. You must report your intensity (kgCo2/unit).

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How to achieve Net Zero Emissions?

To achieve Net Zero Emissions you need to 

  1. Decide which framework you are going to follow (SBTi, UNGC, BCorp, etc).

  2. Choose a timeline.

  3. Choose a software or platform to process your data and monitor it.,

  4. Put together a team.

  5. Get your carbon footprint.

  6. Set targets.

  7. Set projects over the timeline.

  8. Consider which offsetting projects you will join.

  9. Take action, start your projects.

  10. Communicate your achievements to your stakeholders.

  11. Review annually.

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Does Net Zero Exists?

Yes, Net Zero exists. Net Zero is the balance of a company’s carbon emissions and its offsetting projects. If it didn’t exist, companies’ emissions would keep increasing and the world would heat and heat more until we have really serious problems. Companies can normally reach Net Zero in 18 months.

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Why is Net Zero Important?

Net Zero is important because it is the only way to stop climate change. The Earth’s average temperature is increasing due to the amount of CO2 trapped in the atmosphere. The COP26 is aiming to stop global warming before it is irreversible and big changes happen.

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When is ESOS Phase 3?

ESOS Phase 3 deadline is the 5th of December 2023. However, it is important to remember that data collection for ESOS Phase 3 starts on the 1st of January 2022. You will need to collect data for the year 2022 and submit your report before the 5th of December 2023.

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Do I need to report SECR?

If your company meets, at least, 2/3 criteria for 2 years in a row, you have to comply with SECR. The criteria is a turnover of £36 million or more; a balance sheet gross assets of £18 million or more; and/or 250 or more staff members.

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Do I need to report subsidiary energy use for both ESOS and SECR?

You need to comply with ESOS as a group if any of your company’s entities qualifies for it. It also applies for subsidiaries, sister companies or associating entities. However, SECR needs to be reported entity by entity, so only the entities that qualify need to comply with it.

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Is a Net Zero Company legit?

A Net Zero company is legit if it has evidence to demonstrate how they have achieved it, and if they have followed a Net Zero recognised standard (i.e. Science Based Targets or the United Nations Global Compact). A Net Zero company needs an accreditation to be legit.

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What is the framework and process of submission for SECR?

The framework for data collection is set out in “Environmental Reporting Guidelines: Including streamlined energy and carbon reporting guidance March 2019. 

The responsibility for collecting the data rests with the directors as the final report is published in the annual accounts. It has to be done yearly and most companies collect and enter data as they go throughout the year.

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How do you know if a Net Zero project will work?

It is difficult to know whether it will work or not. Normally, projects peter out because they get silent due to other projects within the company becoming a priority. Mistakes on the scope of the project or on the calculations and analysis, are the main things that make a Net Zero project fail.

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