Ecuity’s Carbon Footprint

Ecuity’s Carbon Footprint

With the UK’s deadline to reduce emissions to net-zero by 2050 fast approaching, companies are becoming increasingly transparent about their own emissions. Accounting for around 18% of the UK’s total greenhouse gas emissions in 2018, UK businesses have an opportunity to reduce their carbon footprint to support the low carbon agenda. Influential figures such as Greta Thunberg and David Attenborough have sparked concerns over climate change from the public, leading many to question the impact businesses have on the environment. To provide clarity on this across the economy, the government has recently made amendments to mandatory emissions reporting; in addition to all quoted companies (those listed on the stock exchange), large limited liability partnerships and unquoted companies are now obliged to comply.

This new mandatory Streamlined Energy Carbon Reporting has now been implemented, requiring companies to include both direct and indirect emissions within their annual reports. Categorised into three scopes, these are:

  • Scope 1 – direct emissions from activities under the organisation’s control, e.g. company cars.
  • Scope 2 – energy indirect emissions from consumption of purchased electricity, heat, steam and cooling.
  • Scope 3 – other indirect emissions that are a consequence of business activity, e.g. business travel.

Already operating with integrity at the forefront of sustainable energy policy, we have been quick to review our recent emissions in line with the government’s environmental reporting guidelines, categorising and calculating our emissions into the scopes above.

Ecuity’s Calculation

  • Scope 1 (direct) – no applicable emissions
  • Scope 2 (energy indirect) – electricity consumption for heating and lighting
  • Scope 3 (other indirect) – business travel, water, office consumption (food, drink, paper), and electricity transmission and distribution (T&D) losses
Figure 1: Emissions scope categories (BEIS)
Figure 1: Emissions scope categories (BEIS)

 

 

 

 

 

 

 

 

 

 

 

The emissions are calculated by multiplying activity data (such as the amount of electricity we used) by the relevant emissions factor, to give an estimate of the greenhouse gas (GHG) emissions from that activity. Emissions are reported in tonnes of carbon dioxide equivalent (tCO2e).

Our carbon footprint reflects the last 6 months (August 2019 – January 2020), due to a recent move to new offices. In total, we emitted 8.2 tCO2e of indirect emissions, split into energy indirect emissions (scope 2) at 4.4 tCO2e and other indirect emissions (scope 3) at 3.8 tCO2e.

Figure 2: Ecuity’s carbon emissions for August 2019 to January 2020

In relation to the number of employees here at Ecuity, this is equivalent to 0.55 tCO2e per full-time employee.

Contributors to our Carbon Footprint

The largest contributor to our carbon footprint is electricity consumption, which powers both our heating and lighting. Second to this is our office consumption, including communal food and drink, and business travel, which includes travelling by train, tube, car, taxi and plane. As a consultancy firm, frequent travelling is part of the industry.

 

Figure 3: Ecuity’s carbon emissions by activity, August 2019 to January 2020

 

 

 

 

 

 

 

 

 

 

 

Our Emissions Over Time

Analysis of how these emissions change over time can give an idea of our patterns of consumption, and how we can tackle reducing this in the future. For electricity usage, emissions peaked in the winter months, at 3 tCO2e. This aligns with an expected increase in winter use of heating and lighting.

Figure 4: Ecuity’s scope 2 electricity emissions over 6 months

 

 

 

 

 

 

 

 

 

 

 

Emissions from the second largest contributor to our carbon footprint, business travel, peaked in September, with 0.36 tCO2e. This is the busiest time for client meetings, following the summer.

Figure 5: Ecuity’s cope 3 business travel emissions over 6 months

 

 

 

 

 

 

 

 

 

 

 

 

This is the first in a series of blogs on Ecuity’s carbon emissions.
For more information please contact Symran Sanghera (Symran.sanghera@ecuity.com)

References:

[1] 2018 UK greenhouse gas emissions: final figures statistical release – BEIS (2020)

[2] Environmental Reporting Guidelines: Including streamlined energy and carbon reporting guidance – HM Government (2019)


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