IPEX Consulting Ltd
Carbon Reduction Plan
1 Commitment to achieving Net Zero
2 Reporting Periods
This is IPEX Consulting Ltd.’s first Carbon Reduction Plan and first report of Carbon Emissions. IPEX Consulting Ltd.’s financial reporting year (FY) runs from September to August; the same period shall be used for measuring and reporting greenhouse gas emissions.
3 Baseline Emissions Footprint
Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reduction can be measured.
| Baseline Year: 2020-21 | |
| Additional Details relating to the Baseline Emissions calculations. | |
| This is the first year that IPEX Consulting has formally calculated its CO2 emissions and therefore forms the baseline year. | |
| Baseline year emissions: | |
| EMISSIONS | TOTAL (tCO2e) |
|---|---|
|
Scope 1 (Fuel combustion, company vehicles, fugitive emissions) |
IPEX Consulting Ltd does not directly own, lease or operate any company vehicles and does not directly purchase fuel.
Total, Scope 1 = 0 tCO2/year |
|
Scope 2 (Purchased electricity, heat and steam) |
IPEX Consulting Ltd does not directly purchase electricity, heat or steam. Employees work from their home address and a small, 2 desk fully serviced office is leased in central London, energy and other utilities are included in the rental for this fully serviced office.
Total, Scope 2 = 0 tCO2/year |
|
Scope 3 Purchased goods and services, business travel, employee commuting, waste disposal, use of sold products, transportation and distribution (up- and downstream), investments, leased assets and franchises. |
Purchased goods No new IT equipment or stationery was purchased during this financial year. Purchased services Fully serviced office accommodation at 222 Regent Street (B rated for energy consumption, emits 129,724.25 kgCO2/year, IPEX has 2 of 435 desks) means emissions were 596.4 KgCO2. Home working Home energy consumption attributable to home working by employees (average of 11 employees, 37 hours / week, heated for half year which is 23.5 weeks, one third of employees would heat house anyway for another occupant, assume fuel is natural gas, 5kWh to heat home for an hour, gas emissions factor is 0.184 KgCO2/kWh) means emissions were 5,869 KgCO2. IT Equipment (average of 11 employees, 37 hours / week, 47 weeks / year, 0.2kW consumption, 0.256 kg of CO2e per kWh) means emissions were 979.4 KgCO2. Lighting (average of 11 employees, 37 hours / week, 47 weeks / year, 0.01kW consumption, 0.256 kg of CO2e per kWh) means emissions were 49 KgCO2. Business travel Reduced levels of business travel in FY2020-21 due to Covid-19 restrictions. Travel by rail (2,300 km total, from ORR 0.1465 KgCO2/passenger-km) means emissions were 336.95 KgCO2. Travel by private car (3,360 km total, 0.120KgCO2 / km) means emissions were 403.2 KgCO2. Travel by plane – none in FY2020-21 Commuting Significantly reduced levels of commuting in FY2021-22 due to Covid-19 restrictions. Travel by rail (2,000 km total, from ORR 0.1465 KgCO2/passenger-km) means emissions were 293 KgCO2. Travel by private car (800 km total, 0.120KgCO2 / km) means emissions were 96 KgCO2. Investments Interest bearing bank accounts only - nil Other leased assets None Total, Scope 3 = 8.622 tCO2/year |
| Total Emissions 8.622 tCO2/year | |
4 Current Emissions Reporting
|
Reporting Year: 2021-22 (To be completed in Sept 2022, following end of financial year 2021-22) |
|
| EMISSIONS | TOTAL (tCO2e) |
|---|---|
| Scope 1 | Tbc |
| Scope 2 | Tbc |
|
Scope 3 (Included Sources) |
Tbc |
| Total Emissions | Tbc |
5 Emissions reduction targets
6 Carbon Emissions Reduction Initiatives
IPEX Consulting has implemented an environment policy, sought to reduce waste, the need to travel and altered its expenses policy to encourage the use of public transport where possible. These initiatives were implemented prior to the baseline measurement of carbon emissions presented here for 2020-21. These measures will be in effect when performing our future contracts.
7 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 standard1 and uses the appropriate Government emission conversion factors for greenhouse gas company reporting2.
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 (3).
This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).
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