Optimised's Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 1.2023 to 12.2023

1.2 Describe your business activities

*
Optimised is a UK-based provider of integrated energy, building performance, and carbon reduction solutions. We specialise in enhancing the efficiency, sustainability, and operational performance of commercial and industrial buildings. Our services include energy management, net zero carbon strategies, building optimisation, and digital building solutions. We support clients across various sectors, helping them reduce costs, improve sustainability, and meet their environmental goals through innovative technologies and expert consultancy.

1.4 Number of employees in the reporting year

*
129

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2021

2.2 Near-term target

*

50% of absolute scope 1 emission reduction from my base year by 2025

50 of absolute scope 2 emission reduction from my base year by 2025

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Optimised has committed to “measure and reduce” Scope 3 emissions by 2025, using science-based targets for SMEs.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
46915.8 kwh

3.3 Renewable energy

*
36077.8 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
17.23 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
7.47 metric tons CO2e

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Optimised is committed to reducing Scope 1 and 2 emissions by 50% by 2025 from a 2020 baseline. In 2021, we switched to 100% renewable electricity for all operations. In 2022, we procured our first electric vehicle, and by 2024, we eliminated our diesel fleet entirely, replacing it with a fully electric fleet. Additionally, we have implemented energy efficiency measures, including the installation of time clocks for heating and LED lighting in our offices to reduce energy consumption. To address any residual Scope 1 and 2 emissions, we purchase carbon removal credits to fully neutralise our operational carbon footprint.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Scope 1 and 2 emissions from natural gas and purchased electricity were calculated using total kWh consumption from energy invoices, with the relevant UK Government conversion factors applied. Market-based Scope 2 emissions were calculated using a supplier-specific energy mix breakdown. While the data quality is good, it could be improved by incorporating supplier-specific emission factors for Scope 1. We collect total mileage data from our vehicle fleet using telematics. The total fuel consumption is then calculated and multiplied by the relevant UK Government conversion factors. The data quality is high due to the accuracy of the mileage data provided by the telematics system.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
2949.02 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
2816.05 metric tons CO2e

4.1.4 Fuel and energy related activities

*
0.33 metric tons CO2e

4.1.6 Waste in operations

*
0.01 metric tons CO2e

4.1.7 Business travel

*
13.65 metric tons CO2e

4.1.8 Employee commuting

*
118.98 metric tons CO2e

Customer related - downstream emissions

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

Optimised is committed to reducing Scope 3 emissions through our decarbonisation roadmap. In 2021, we introduced a Flexible Working Policy to reduce employee commuting emissions and encouraged the use of video conferencing to cut down on business travel. In 2022, we implemented low-GHG procurement and purchasing policies to reduce emissions in our supply chain. In 2023, we launched an electric vehicle scheme to encourage employees to switch to electric vehicles. Additionally, we plan to incentivise employees to switch to renewable energy tariffs, and we will provide information and resources on our intranet to support this transition. Our goal is to ensure that our suppliers adhere to our Responsible Sourcing Policy and to begin acquiring life cycle assessments (LCAs) from suppliers to further decarbonise procurement practices.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
Purchased Goods and Services – We used a spend-based method to calculate emissions for purchased goods and services, utilising emission factors from Exiobase. This approach ensured that we captured the upstream emissions from the production of the goods and services we acquired, providing a comprehensive assessment of this category in our Scope 3 inventory. Fuel- and Energy-Related Activities (not included in Scope 1 or 2) – Emissions from upstream fuel and energy-related activities were calculated using average emission factors from the UK Government. This included emissions from the extraction, production, and distribution of fuels and electricity, ensuring all indirect emissions were accurately reflected in our Scope 3 reporting. Waste Generated in Operations – For waste emissions, we applied a waste-type-specific method that accounted for different disposal methods, such as recycling, landfill, and wastewater treatment. This approach ensured that emissions from all forms of waste generated during our operations were fully captured within our Scope 3 calculations. Business Travel – Emissions from business travel were calculated using distance-based and fuel-based methods. We considered all modes of transport used by employees and applied relevant UK Government emission factors to ensure accurate reporting of travel-related emissions in Scope 3. Employee Commuting – To calculate emissions from employee commuting, we collected data through an employee survey, applying appropriate emission factors based on the mode of transport used by staff. This ensured that commuting-related emissions were accurately captured in our Scope 3 reporting. The data accuracy is generally good, with high-quality emissions factors applied across categories. For Purchased Goods and Services, we used a spend-based approach, but accuracy could be significantly improved by using activity data or Environmental Product Declarations (EPDs) from suppliers, which would provide more precise emissions data. Across the other categories, we used recognised methods from the GHG Protocol and UK Government emission factors, ensuring a reliable level of data quality. We acknowledge that further enhancing the granularity of supplier-specific data, would improve overall data accuracy.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
Yes

5.2 What percentage of your total revenue comes from sales of climate solutions?

*
60 %

5.3 Provide descriptions/names of your climate solutions:

*
Building Optimisation, Net Zero Advisory, Energy Transition and Renewable Procurement

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:

*
N/A

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
No - we plan to in the next 1-5 years

6.2.1 Where are the climate risks you've identified?

*
Own operations

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

Yes

Yes, Optimised has integrated climate action into its company mission and strategy. The company’s vision, "To optimise the world’s transition to net zero and beyond," reflects its commitment to addressing the climate crisis. Climate and sustainability are at the core of Optimised’s business strategy, which includes services such as energy management, building optimisation, and decarbonisation solutions that directly help clients reduce their environmental impact and achieve carbon reduction goals. Additionally, as a certified B Corporation, Optimised aligns its business activities with high environmental and social standards.

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Optimised has taken significant actions this year to drive climate progress beyond its own emissions. The company supported clients in reducing 29,709 tCO2e through our Remote Optimisation Centre services and helped avoid 249,426 tCO2e through our Renewable Energy Procurement services. Through our partnership with Ecologi, Optimised planted 3,797 trees in our Ecologi forest in 2023 and offset 2,964 tCO2e via various projects, including high quality blue carbon removal initiatives and renewable energy schemes such as wind power in Indonesia and hydropower in China. On the community front, Optimised organised Mop Up Mondays in Bristol, regular litter clean-ups that not only improve the local environment but also encourage staff engagement with sustainability initiatives. Additionally, the Blackpool Beach Clean focused on protecting coastal ecosystems. These initiatives are part of the company’s broader strategy to engage with local communities while contributing to global climate action efforts. The company also encourages climate-positive actions among employees, such as switching to renewable energy tariffs and adopting more sustainable commuting options through our electric vehicle scheme.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
We achieved a 2% overall reduction from 2021, with significant reductions in Scope 1 and 2, including a 72% decrease in Natural Gas and a 100% reduction in Purchased Electricity emissions. Most Scope 3 categories also saw decreases, though Employee Commuting saw an increase from 2021 to 2023. Our Scope 1 Business Travel emissions also increased from 2021 to 2023, however, In 2024, we eliminated our diesel fleet, transitioning to a fully electric fleet. Challenges remain in Purchased Goods & Services (PG&S), where much of our spend is tied to specific suppliers, limiting our ability to influence change. We are working to obtain more accurate data to better analyse this category and make meaningful reductions where possible. If we lack influence over certain suppliers, switching suppliers is not always a viable option. Fortunately, we have seen a strong focus on emissions reductions at every level of the organisation, from the senior leadership team (SLT) and board to overall increased employee engagement. The SLT and board have been deeply involved in driving sustainability initiatives, and employees have actively participated in climate-positive actions and engaged in sustainability-focused events.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Limited influence over suppliers

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

Optimised's Climate Report

Optimised's Climate Report - 2023

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 1.2023 to 12.2023

1.2 Describe your business activities

*
Optimised is a UK-based provider of integrated energy, building performance, and carbon reduction solutions. We specialise in enhancing the efficiency, sustainability, and operational performance of commercial and industrial buildings. Our services include energy management, net zero carbon strategies, building optimisation, and digital building solutions. We support clients across various sectors, helping them reduce costs, improve sustainability, and meet their environmental goals through innovative technologies and expert consultancy.

1.4 Number of employees in the reporting year

*
129

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2021

2.2 Near-term target

*

50% of absolute scope 1 emission reduction from my base year by 2025

50 of absolute scope 2 emission reduction from my base year by 2025

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Optimised has committed to “measure and reduce” Scope 3 emissions by 2025, using science-based targets for SMEs.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
46915.8 kwh

3.3 Renewable energy

*
36077.8 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
17.23 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
7.47 metric tons CO2e

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Optimised is committed to reducing Scope 1 and 2 emissions by 50% by 2025 from a 2020 baseline. In 2021, we switched to 100% renewable electricity for all operations. In 2022, we procured our first electric vehicle, and by 2024, we eliminated our diesel fleet entirely, replacing it with a fully electric fleet. Additionally, we have implemented energy efficiency measures, including the installation of time clocks for heating and LED lighting in our offices to reduce energy consumption. To address any residual Scope 1 and 2 emissions, we purchase carbon removal credits to fully neutralise our operational carbon footprint.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Scope 1 and 2 emissions from natural gas and purchased electricity were calculated using total kWh consumption from energy invoices, with the relevant UK Government conversion factors applied. Market-based Scope 2 emissions were calculated using a supplier-specific energy mix breakdown. While the data quality is good, it could be improved by incorporating supplier-specific emission factors for Scope 1. We collect total mileage data from our vehicle fleet using telematics. The total fuel consumption is then calculated and multiplied by the relevant UK Government conversion factors. The data quality is high due to the accuracy of the mileage data provided by the telematics system.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
2949.02 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
2816.05 metric tons CO2e

4.1.4 Fuel and energy related activities

*
0.33 metric tons CO2e

4.1.6 Waste in operations

*
0.01 metric tons CO2e

4.1.7 Business travel

*
13.65 metric tons CO2e

4.1.8 Employee commuting

*
118.98 metric tons CO2e

Customer related - downstream emissions

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

Optimised is committed to reducing Scope 3 emissions through our decarbonisation roadmap. In 2021, we introduced a Flexible Working Policy to reduce employee commuting emissions and encouraged the use of video conferencing to cut down on business travel. In 2022, we implemented low-GHG procurement and purchasing policies to reduce emissions in our supply chain. In 2023, we launched an electric vehicle scheme to encourage employees to switch to electric vehicles. Additionally, we plan to incentivise employees to switch to renewable energy tariffs, and we will provide information and resources on our intranet to support this transition. Our goal is to ensure that our suppliers adhere to our Responsible Sourcing Policy and to begin acquiring life cycle assessments (LCAs) from suppliers to further decarbonise procurement practices.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
Purchased Goods and Services – We used a spend-based method to calculate emissions for purchased goods and services, utilising emission factors from Exiobase. This approach ensured that we captured the upstream emissions from the production of the goods and services we acquired, providing a comprehensive assessment of this category in our Scope 3 inventory. Fuel- and Energy-Related Activities (not included in Scope 1 or 2) – Emissions from upstream fuel and energy-related activities were calculated using average emission factors from the UK Government. This included emissions from the extraction, production, and distribution of fuels and electricity, ensuring all indirect emissions were accurately reflected in our Scope 3 reporting. Waste Generated in Operations – For waste emissions, we applied a waste-type-specific method that accounted for different disposal methods, such as recycling, landfill, and wastewater treatment. This approach ensured that emissions from all forms of waste generated during our operations were fully captured within our Scope 3 calculations. Business Travel – Emissions from business travel were calculated using distance-based and fuel-based methods. We considered all modes of transport used by employees and applied relevant UK Government emission factors to ensure accurate reporting of travel-related emissions in Scope 3. Employee Commuting – To calculate emissions from employee commuting, we collected data through an employee survey, applying appropriate emission factors based on the mode of transport used by staff. This ensured that commuting-related emissions were accurately captured in our Scope 3 reporting. The data accuracy is generally good, with high-quality emissions factors applied across categories. For Purchased Goods and Services, we used a spend-based approach, but accuracy could be significantly improved by using activity data or Environmental Product Declarations (EPDs) from suppliers, which would provide more precise emissions data. Across the other categories, we used recognised methods from the GHG Protocol and UK Government emission factors, ensuring a reliable level of data quality. We acknowledge that further enhancing the granularity of supplier-specific data, would improve overall data accuracy.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
Yes

5.2 What percentage of your total revenue comes from sales of climate solutions?

*
60 %

5.3 Provide descriptions/names of your climate solutions:

*
Building Optimisation, Net Zero Advisory, Energy Transition and Renewable Procurement

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:

*
N/A

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
No - we plan to in the next 1-5 years

6.2.1 Where are the climate risks you've identified?

*
Own operations

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

Yes

Yes, Optimised has integrated climate action into its company mission and strategy. The company’s vision, "To optimise the world’s transition to net zero and beyond," reflects its commitment to addressing the climate crisis. Climate and sustainability are at the core of Optimised’s business strategy, which includes services such as energy management, building optimisation, and decarbonisation solutions that directly help clients reduce their environmental impact and achieve carbon reduction goals. Additionally, as a certified B Corporation, Optimised aligns its business activities with high environmental and social standards.

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Optimised has taken significant actions this year to drive climate progress beyond its own emissions. The company supported clients in reducing 29,709 tCO2e through our Remote Optimisation Centre services and helped avoid 249,426 tCO2e through our Renewable Energy Procurement services. Through our partnership with Ecologi, Optimised planted 3,797 trees in our Ecologi forest in 2023 and offset 2,964 tCO2e via various projects, including high quality blue carbon removal initiatives and renewable energy schemes such as wind power in Indonesia and hydropower in China. On the community front, Optimised organised Mop Up Mondays in Bristol, regular litter clean-ups that not only improve the local environment but also encourage staff engagement with sustainability initiatives. Additionally, the Blackpool Beach Clean focused on protecting coastal ecosystems. These initiatives are part of the company’s broader strategy to engage with local communities while contributing to global climate action efforts. The company also encourages climate-positive actions among employees, such as switching to renewable energy tariffs and adopting more sustainable commuting options through our electric vehicle scheme.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
We achieved a 2% overall reduction from 2021, with significant reductions in Scope 1 and 2, including a 72% decrease in Natural Gas and a 100% reduction in Purchased Electricity emissions. Most Scope 3 categories also saw decreases, though Employee Commuting saw an increase from 2021 to 2023. Our Scope 1 Business Travel emissions also increased from 2021 to 2023, however, In 2024, we eliminated our diesel fleet, transitioning to a fully electric fleet. Challenges remain in Purchased Goods & Services (PG&S), where much of our spend is tied to specific suppliers, limiting our ability to influence change. We are working to obtain more accurate data to better analyse this category and make meaningful reductions where possible. If we lack influence over certain suppliers, switching suppliers is not always a viable option. Fortunately, we have seen a strong focus on emissions reductions at every level of the organisation, from the senior leadership team (SLT) and board to overall increased employee engagement. The SLT and board have been deeply involved in driving sustainability initiatives, and employees have actively participated in climate-positive actions and engaged in sustainability-focused events.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Limited influence over suppliers

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-
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