A growing awareness of the risks associated with greenhouse gas (GHG) emissions means that more and more organisations are calculating and reporting their GHG footprint. A further driver for this has been the introduction of a regulation requiring mandatory GHG reporting for all UK companies listed on the main market of the London Stock Exchange. This regulation demonstrates the seriousness with which investors now view these risks.
To be credible, a GHG footprint must be based on robust data sources, and align with UK and international emissions reporting standards. While calculating a GHG footprint that will stand up to scrutiny can be challenging, the benefits to an organisation of doing so include:
Having an accurate footprint provides companies and their stakeholders with confidence that they understand their emissions, are in a strong position to manage them and are able to maximise the competitive benefits of the above factors in the marketplace. Therefore, clear communication of an organisation’s footprint through reporting plays an important role in achieving maximum business benefit.
Ricardo Energy & Environment is a leading expert in corporate footprinting and reporting. We have helped a large number of organisations to gather the data required to calculate and report their footprints through a variety of voluntary and mandatory reporting mechanisms including mandatory GHG reporting, the Carbon Disclosure Project (CDP) and the CRC Energy Efficiency Scheme.
Our expertise has been developed over 40 years of being involved in groundbreaking technical and policy development across the environmental spectrum and we continue to play a lead role as advisor to governments and major corporations. Our long track record of supporting governments enables us to offer independent and credible support to commercial organisations. Our experience means that we are ideally placed to deliver corporate GHG footprints against a range of standards including the Greenhouse Gas Protocol Corporate Standard, the Defra/DECC Company Reporting Guidelines and ISO 14064.
A wide range of associated services includes:
We have previously run three webinars on GHG Mandatory Reporting and the principles of reporting your GHG emissions. To access and watch these webinars please click here. If you have any questions on the selection or application of the UK Government Greenhouse Gas Conversion Factors, or indeed any other queries on footprinting please contact our experts Christine St John Cox or Rebecca Turner.