Carbon Reduction Plan

To view or download a copy of this plan, please click here.

Introduction

The Clear Company Ltd’s inaugural Carbon Reduction Plan (CRP) marks a significant step in our journey towards sustainability. As this is our first such initiative, the plan outlines our intent to systematically reduce carbon emissions across our operations. Our strategy focuses on integrating energy-efficient practices and leveraging technology to minimise environmental impact while maintaining operational excellence. By developing bespoke solutions in line with regulatory requirements, we aim to help clients reduce emissions and contribute to long-term carbon neutrality.

This CRP reflects our commitment to establishing a foundation for ongoing environmental responsibility. It also acknowledges the importance of aligning with global sustainability targets and preparing for future regulatory demands. We aim to foster an organisational culture centred on reducing environmental risks while maximising business value. By embedding transparency and accountability into our CRP, we plan to monitor progress rigorously and evolve our approach over time.

The launch of this CRP represents the beginning of a journey that will guide The Clear Company Ltdin becoming a key player in the low-carbon economy, benefiting both our business and the wider community.

Commitment to achieving Net Zero by 2040

The Clear Company Ltd is committed to achieving net zero carbon emissions by 2040. Our approach involves implementing energy-efficient technologies, optimising resource use, and collaborating with clients to drive sustainable practices. This commitment reflects our focus on long-term carbon reduction across operations and supporting a low-carbon economy. By aligning with global sustainability goals and adopting innovative solutions, The Clear Company aims to future-proof its business while fostering positive environmental change for both its clients and the wider community.

Regular monitoring and transparent reporting will ensure we stay on track towards this ambitious goal.

Baseline Emissions Footprint 01/11/2023 - 31/10/2024

Zero Emissions rationale

Scope 1 (Direct Emissions): Our business operates within restrictive processes that do not generate direct emissions. As we do not own or control any combustion equipment or facilities, we have no direct emissions from owned or controlled sources, ensuring zero Scope 1 emissions.

Scope 2: As our rent includes utilities, we currently lack specific data regarding these emissions. However, we have requested information from the landlord to gain better insight into the energy usage tied to our operations. Once this data is obtained, we will record and report the associated emissions in line with our environmental goals. These figures will be included in our reports as soon as they become available.

Scope 3 (Category 1–4 & Category 9 includes Upstream & Downstream transportation): Our business activities do not contribute to Scope 3 emissions in those mentioned above Categories 1–4&9, as these categories involve activities that are outside the core of our business model, our processes do not generate emissions in these areas.

Scope 3 (Category 5 – Waste Generated) Currently, waste disposal is managed by the landlord as part of our rental agreement. However, we have requested details from the landlord regarding the waste generated by our operations. Once this information is provided, it will be incorporated into our Carbon Reduction Plan (CRP).

Methodology & References

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard and uses the appropriate Government emission conversion factors for greenhouse gas company reporting.

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard.

https://ghgprotocol.org/corporate-standard

https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting

https://ghgprotocol.org/standards/scope-3-standard

Emissions reduction targets

To meet the emission reduction targets outlined, we will implement the following carbon reduction initiatives across key areas of operations:

1. Business Travel (8.4634 tCO2e)

• Promote virtual meetings: Encourage the use of video conferencing for client meetings and internal collaboration to minimise the need for travel.

• Encourage sustainable transport: Incentivise employees to use public transport, carpooling, or electric vehicles for essential travel, and prioritise eco-friendly travel options when booking transport.

• Travel reduction policy: Limit non-essential travel by implementing a policy that prioritises the most carbon-efficient travel methods.

2. Employee Commuting – (1.6301 tCO2e)

• Flexible working arrangements: Expand remote and hybrid working models where possible to reduce the need for daily commuting.

• Sustainable commuting initiatives: Offer subsidies or support for employees to use electric vehicles, public transport, cycling, or walking for their commutes.

• Carpooling programme: Implement an employee carpooling programme to lower the number of vehicles used for commuting.

3. Hotel Stay (1.2123 tCO2e)

• Eco-friendly accommodation: Partner with hotels that prioritise sustainability, such as those with energy-saving certifications or carbon offset programmes.

• Sustainable booking policies: Encourage employees to book accommodation at certified eco-friendly hotels and implement a policy to prioritise sustainable options for business travel.

General Initiatives

• Carbon offset programmes: Invest in carbon offset projects, such as tree planting or renewable energy projects, to balance unavoidable emissions.

• Employee engagement: Educate and involve staff in sustainability efforts through training programmes and workshops, encouraging them to adopt carbon-conscious practices both at work and in their personal lives.

• Supplier collaboration: Work closely with suppliers to ensure their operations align with our sustainability goals, prioritising partnerships with low-emission suppliers and service providers.

By implementing these initiatives, we will reduce our carbon footprint and make significant progress towards our Net Zero by 2040 commitment.

Carbon Reduction Initiatives

We have outlined the following emission reduction initiatives to support our commitment to achieving Net Zero by 2040:

• Scope 3: Business Travel (8.4634 tCO2e):

Target to reduce emissions by 40% by 2030 through promoting virtual meetings, reducing non-essential travel, and increasing the use of low-emission transportation methods such as electric vehicles or public transport.

• Scope 3: Employee Commuting – (1.6301 tCO2e):

Aim to decrease emissions by 35% by 2030 by encouraging remote work, hybrid models, carpooling, and supporting employees to switch to sustainable modes of transport.

• Scope 3: Hotel Stay (1.2123 tCO2e):

Target a 50% reduction in emissions by 2030 by partnering with eco-friendly hotels and encouraging the use of accommodation with lower environmental impact. These reduction targets will be supported by continuous monitoring, staff engagement, and collaboration with suppliers to ensure steady progress towards the company's Net Zero goal.

Declaration and Sign Off

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standard for Carbon Reduction Plans. Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard and uses the appropriate Government emission conversion factors for greenhouse gas company reporting.

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard.

This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).

Signed on behalf of The Clear Company:

Name: Gareth Headley

Position: Director

Date: 5th December 2024