Measure, Reduce & Eliminate Scope 1 & 2 Emissions
There’s an increasing need for businesses to reduce their carbon emissions, and for many already, reporting Scope 1 & 2 emissions has become mandatory. This is due to SECR compliance and the introduction of the Task Force on Climate-related Financial Disclosure (TCFD), due to roll out by 2022.
And for all businesses looking to become more sustainable and work towards net zero, understanding Scope 1 & Scope 2 emissions, and how to reduce and eliminate them is an ideal starting point.
These emissions are in relation to systems/processes that are in reasonable control of your business.
Scope 1 are from a businesses company owned assets, think your company facilities and vehicles – these are known as your direct emissions.
Scope 2 are the indirect emissions caused from the purchase of power, steam, heating and/or cooling in order to run your operations.
Benefits of knowing and reporting on your Scope 1 & 2 emissions include:
- Lower energy and resource costs
- Improve transparency with stakeholders
- Increase brand reputation
- Positive engagement with employees and consumers
Getting to grips with Scope 1 & Scope 2 emissions is critical for an effective carbon reduction strategy. Discover how your business can work towards carbon net zero, get in touch with one of our experts today.
Author: Antonia Cheng, Energy Analyst & Conor Howard, Energy Analyst
Creative: Robyn Miller, Marketing Manager
More From EnergyIntel
back to energyintel How can energy management software help make better investment decisions? Being a business leader means you have to make important decisions [...]
back to energyintel Managing Energy Positions: What an Energy Trader looks for When it comes to securing an energy contract, a key consideration is [...]
back to energyintel Navigating UK Business Energy and Carbon Reporting Obligations - A Checklist for Compliance With the UK government’s ambitious net zero [...]