Mandatory Streamlined Energy and Carbon Reporting (SECR)
The Company fulfils the statutory requirements for Streamlined Energy and Carbon Reporting which includes disclosure of the Company’s carbon emissions. Under the Companies Act 2006 / SECR Regulations, ‘Large’ companies’ are required to report their annual emissions in their Directors’ report.
The Company’s Streamlined Energy and Carbon Reporting statement covers the reporting period 1 January 2021 – 31 December 2021 and has been prepared in line with the requirements of the Streamlined Energy and Carbon Reporting regulations and the relevant areas of the Greenhouse Gas (‘GHG’) Protocol Corporate Accounting and Reporting Standard.
A ‘Dual Reporting’ methodology has been used to indicate emissions using UK electricity grid average emission factors (known as the ‘Location Based’ method), and also emissions using supplier specific generation emission factors (the ‘Market Based’ method).
‘Market Based’ Method
The total energy consumption for 2021 was 7,558,823.81 kWh (2020: 6,502,491.91 kWh) equating to 1,064.100 tCO₂e (2020: 715.322 tCO2e)
Carbon intensity: Emissions of tCO2e / Full-Time Equivalent during 2021 was 0.257 tCO₂e (2020: 0.17 tCO2e)
Qualifying information on the above data:
- This statement has been prepared in line with the requirements of the Streamlined Energy and Carbon Reporting regulations and the relevant areas of the Greenhouse Gas (‘GHG’) Protocol Corporate Accounting and Reporting Standard.
- This is the Company’s second year of Streamlined Energy and Carbon Reporting and as such 01/01/2020 - 31/12/2020 data has been recorded.
- tCO2e is the tonnage of equivalent carbon emissions generated by the various greenhouse gasses (carbon dioxide, methane, nitrous oxide etc.) each of which has a ‘Global Warming Potential’ factor that is included in the above emission figure.
- An operational control approach has been applied to consolidate the above data.
- Total Full-Time Equivalent for use as the Metric are 4135.
- As per GHG Protocol Scope 2, a dual method has been applied - ‘location based’ & ‘market based’. This method of emission calculation for electricity uses both the UK Government Grid Average Emissions Conversion Factors (dated 2021) and supplier specific conversion factors relevant to the generation.
- Carbon intensity includes all Scope emissions in the calculation.