As tackling the climate crisis becomes increasingly urgent, the UK is introducing a growing list of carbon reporting and reduction requirements in order to reach Net Zero by 2050. At Enistic, we aim to help our clients reach their sustainability goals by providing life-time solutions and world-class services. Our experts have over 20 years of experience, having produced 3,000 + reports that have consistently met the high standard we strive for.
With the help of our software, managing your carbon emissions has never been easier. Track your emissions, create carbon reduction plans, and ensure you are compliant with industry standards.
of their emissions will fall under Scope 3
Scope 3 emissions tend to form the largest percentage of emissions for companies that fall into the professional services industry. In order to track Scope 3 and review their supply chain, companies must have accurate data for their supply chain so that they can pinpoint hotspots and make necessary changes.
Clarity: The Enistic Platform uses proven methodologies that give you clear visibility over complex data across different sites, allowing you to easily identify problems and inaccuracies.
Credibility: We use the latest government conversion factors so that regardless of how your energy is measured, it can be converted into CO2 tonnes to easily assess your carbon footprint.
Compliance: Over 12 years, we have helped businesses reach and exceed compliance criteria.
Control: Should your commercial priorities change, we can hold and maintain your data so that you have full control over the process.
ESOS is the Energy Savings Opportunity Scheme, a mandatory energy assessment for organisations in the UK that meet the qualification criteria.
ESOS came into place in 2014 and is a legal requirement for all large UK companies.
The scheme was designed to ensure large enterprises are regularly assessing their energy usage and to highlight energy savings opportunities.
The next deadline for ESOS (Phase 3) compliance is 5th December 2023.
The Streamlined Energy Carbon Reporting (SECR) is a piece of legislation from the UK Government which replaced the Carbon Reduction Commitment (CRC). It is a legal requirement for all large UK companies.
Qualifying companies will need to include SECR information in their Director’s Report or an equivalent Energy and Carbon Report for LLPs for each financial year.
The SECR builds on the ESOS and other reporting requirements and mandates new annual disclosures for large unquoted and limited liability partnerships (LLPs).
TCFD, or the Task Force on Climate-Related Financial Disclosures, was created to increase to improve and increase reporting of climate-related financial information.
TCFD encompasses 11 recommendations under four main categories which are:
Risk Management Metrics
The UK will be one of the first countries to make reporting along TCFD guidelines mandatory for the biggest UK companies. Companies expected to complete a TCFD report include private companies with over 500 employees and a turnover of £500 million or more.
The PPN 06/21 is a Public Procurement Notice which says that every entity bidding on UK public contractions worth £5 million or more is required to measure their carbon footprint and have a Net Zero target for 2050 in place.
Qualifying companies will need to create a Carbon Reduction Plan to comply with PPN 06/21. This includes measuring and reporting Scope 1, 2, and five elements of Scope 3 emissions, as well as setting carbon reduction targets.
It is a requirement to make this information publicly available on your company website.
Science Based Targets (SBTs) are a pathway for companies to reduce greenhouse gas (GHG) emissions, protecting both the planet and the future of your business.
Targets are defined as ‘science-based’ if they are in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to well-below 2°C above pre-industrial levels and ideally to limit warming to know higher than 1.5°C.
Although not mandatory, companies of all sizes and industries are encouraged to take part.
Talk to our Head of Customer Success if you need more information. Peter can help assess what you need to do in order to comply with ESOS, SECR, and more.
Phone: +44 (0) 1865 598 771