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ROCKING HORSE PICTURES LIMITED's Climate Report
The SME Reporting Tool
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
*Video and animation production
1.4 Number of employees in the reporting year
*17.4
1.4.1 Full-time equivalent (FTE) or headcounts
*Full-time equivalent
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
*2040
2.1.1 Base year
*2023
2.2 Near-term target
*95% of absolute scope 1+2 emission reduction from my base year by 2030
35 of absolute scope 3 emission reduction from my base year by 2030
90 of absolute scope 3 emission reduction from my base year by
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
*49618 kwh
3.3 Renewable energy
*23764 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*0.4 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*10.5 metric tons CO2e
3.6 Market based scope 2 emissions
*11.1 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*If installing air conditioning in the future, prioritise installing an air source heat pump for both heating and cooling capabilities, allowing the entire building to switch away from gas by 2030.
Work with landlord to procure a 100% renewable electricity tariff for office spaces by 2024-2025, reducing market-based emissions from office spaces to 0 tCO2e.
- Implement behaviour change initiatives within the workplace to reduce energy use, especially in meeting and studio rooms.
- Implement energy efficiency measures to reduce overall electricity consumption, including:
- Installing more sensor lighting where appropriate
- Installing timers on socket banks to automatically turn off appliances during non-working hours
- Reviewing and renewing inefficient equipment
- Considering energy efficiency when purchasing new equipment Created an Environmental Committee to lead initiatives across different departments.
- Committed to measuring carbon footprint of business activities year-on-year to understand pinch points and regularly make efficient and direct improvements. These plans aim to significantly reduce Rocking Horse Pictures\' direct emissions and emissions from purchased electricity, with a strong focus on renewable energy procurement and energy efficiency measures.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*Calculation Methodology: 1. We used the Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard to calculate their emissions. 2. We followed the operational control approach for setting organisational boundaries. 3. Emissions were calculated using the UK Government\'s Conversion Factors for Company Reporting. 4. The baseline year for calculations was set as the calendar year 2023 (1st Jan 2023 to 31st December 2023). Data Accuracy and Tools: 1. The company used primary data sources where possible, including: - Utility bills - Fuel card reports - Expense claims 2. We employed Positive Planet to process the data and calculate emission figures. 3. For Scope 1 emissions: - Natural gas consumption was based on actual meter readings. - Company vehicle fuel use was calculated from fuel card data and expense claims. 4. For Scope 2 emissions: - Electricity consumption was based on actual meter readings. Comments on Data Accuracy: 1. The use of primary data sources like utility bills and fuel card reports generally provides a high level of accuracy. 2. The adoption of a standardised tool helps ensure consistency in calculations and reduces the risk of human error. 3. Using the latest UK Government Conversion Factors enhances the reliability of the emissions calculations.
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
*87 metric tons CO2e
Supply chain related - upstream emissions
4.1.2 Purchased goods and services
*51.1 metric tons CO2e
4.1.3 Capital goods
*9.3 metric tons CO2e
4.1.4 Fuel and energy related activities
*5.7 metric tons CO2e
4.1.5 Transportation and distribution (upstream)
*0.9 metric tons CO2e
4.1.6 Waste in operations
*0.3 metric tons CO2e
4.1.7 Business travel
*13.7 metric tons CO2e
4.1.8 Employee commuting
*5.3 metric tons CO2e
4.1.9 Leased assets (upstream)
*0.7 metric tons CO2e
Customer related - downstream emissions
4.1.10 Transportation and distribution (downstream)
*0 metric tons CO2e
4.1.11 Processing of sold products
*0 metric tons CO2e
4.1.12 Use of sold products
*0 metric tons CO2e
4.1.13 End-of-life treatment of products
*0 metric tons CO2e
4.1.14 Leased assets (downstream)
*0 metric tons CO2e
4.1.15 Franchises
*0 metric tons CO2e
4.1.16 Investments
*0 metric tons CO2e
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?
*Yes
1. Supplier engagement: - Engage with key suppliers to understand and influence their environmental impact - Request environmental policies from suppliers - Consider suppliers\' environmental credentials in procurement decisions 2. Travel and transport: - Implement a sustainable travel policy - Encourage use of public transport and car sharing for business travel - Prioritise train travel over flying for domestic journeys - Use video conferencing to reduce unnecessary travel 3. Waste reduction: - Improve waste management practices - Increase recycling rates - Reduce single-use plastics in operations 4. Employee engagement: - Educate employees on environmental issues and sustainable practices - Encourage sustainable behaviours both at work and at home 5. Sustainable production practices: - Implement sustainable practices in film and video production - Consider environmental impact in all stages of production, from pre-production to post-production 6. Digital footprint: - Optimise digital operations to reduce energy consumption - Consider the environmental impact of data storage and transfer 7. Circular economy: - Explore opportunities to implement circular economy principles in operations - Look for ways to reuse or repurpose equipment and materials 8. Offsetting: - While not a primary strategy, consider carbon offsetting for unavoidable emissions 9. Measurement and reporting: - Continue to measure and report on Scope 3 emissions - Use this data to identify further opportunities for reduction 10. Collaboration: - Work with industry partners and clients to promote sustainable practices across the sector
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.
*Calculation Methodology: 1. The GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard was used as the framework for calculations. 2. Emissions were calculated using the 2022 UK Government\'s Conversion Factors for Company Reporting. 3. The operational control approach was used for setting organisational boundaries. 4. The baseline year was set as the calendar year 2023 (1st January 2023 to 31st December 2023). Data Sources and Accuracy: 1. Primary data sources were used where possible, including: - Financial Accounts data - Supplier emissions data where available 2. Where primary data was unavailable, estimations and proxy data were used. This likely introduces some level of uncertainty into the calculations. Tools Used: 1. Positive Planet processed the data to generate emission figures for Scope 3 emissions. Comments on Data Accuracy: 1. The use of a standardised tools used by Positive Planet helps ensure consistency in calculations and reduces the risk of human error. 2. The adoption of the latest UK Government Conversion Factors enhances the reliability of the emissions calculations. 3. The reliance on estimations and proxy data for some Scope 3 categories likely reduces the overall accuracy compared to Scope 1 and 2 emissions. 4. There are ongoing efforts to improve data collection and accuracy for Scope 3 emissions.
Climate Solutions (optional) *
5.1 Do you classify any of your existing goods and/or services as a climate solution?
*No
5.3 Provide descriptions/names of your climate solutions:
*0% of our total revenue currently comes from sales of direct climate solutions as defined in question 5.1. However, we are actively working to reduce the carbon footprint of our video production services and to incorporate sustainable practices throughout our operations. While these efforts don\'t yet meet the specific criteria for climate solutions outlined in 5.1, we are committed to continually improving our environmental impact and exploring ways to develop services that will qualify as climate solutions in the future.
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,Person is responsible for climate strategy at board level
6.1.1 Please describe their position and responsibility.
*CEO
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?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Own operations
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*We\'ve started to prioritise climate risks,We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We’ve quantified the amount and percentage of assets or businesses activities vulnerable to climate risk,We\'ve Identified plans for adaptation to mitigate these risks,We\'ve Integrated these adaptation plans into business practices
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*No
-
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
Yes, we have taken actions this year outside of our emissions to accelerate climate progress. At Rocking Horse Pictures, we believe in extending our impact beyond our own operations. Here are some key actions we\'ve taken: 1. We\'re planning a supplier engagement programme, working with our key suppliers to understand and influence their environmental impact. This will help us drive sustainability throughout our supply chain. 2. We\'re launching an employee education initiative, raising awareness about environmental issues and promoting sustainable practices both in the workplace and at home. This will extend our impact into our employees\' personal lives and communities. 3. We\'re initiating collaboration with industry partners and clients to promote sustainable practices across the film and video production sector. By sharing our experiences and best practices, we\'re aiming to help to drive industry-wide change. 4. We\'re implementing sustainable production practices and will promote these to our clients and peers. This will not only reduce the environmental impact of our projects but also influences the wider industry towards more sustainable methods. 5. We\'ve established an Environmental Committee to lead sustainability initiatives across different departments. This committee is tasked with identifying and implementing actions that go beyond just emissions reduction.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*As 2023 is our baseline year for emissions calculations, we do not yet have year-on-year comparison data. We are committed to measuring our carbon footprint annually going forward, which will allow us to track changes and progress in future years. Our current focus is on implementing the reduction strategies outlined in our Carbon Reduction Plan.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 2 emissions,Reducing scope 3 emissions,Limited control over energy use in buildings,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action,Insufficient funding,Inaccurate or insufficient data,Low return on investment
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
Our emissions data has been independently verified by Positive Planet, a sustainability reporting specialist. This verification aligns with SME Climate Hub\'s flexible approach for SMEs, ensuring credible and transparent reporting. This process demonstrates our commitment to transparency and continuous improvement in climate reporting, providing stakeholders confidence in our environmental stewardship and responsible practices.
ROCKING HORSE PICTURES LIMITED's Climate Report
ROCKING HORSE PICTURES LIMITED'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
*Video and animation production
1.4 Number of employees in the reporting year
*17.4
1.4.1 Full-time equivalent (FTE) or headcounts
*Full-time equivalent
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
*2040
2.1.1 Base year
*2023
2.2 Near-term target
*95% of absolute scope 1+2 emission reduction from my base year by 2030
35 of absolute scope 3 emission reduction from my base year by 2030
90 of absolute scope 3 emission reduction from my base year by
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
*49618 kwh
3.3 Renewable energy
*23764 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*0.4 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*10.5 metric tons CO2e
3.6 Market based scope 2 emissions
*11.1 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*If installing air conditioning in the future, prioritise installing an air source heat pump for both heating and cooling capabilities, allowing the entire building to switch away from gas by 2030.
Work with landlord to procure a 100% renewable electricity tariff for office spaces by 2024-2025, reducing market-based emissions from office spaces to 0 tCO2e.
- Implement behaviour change initiatives within the workplace to reduce energy use, especially in meeting and studio rooms.
- Implement energy efficiency measures to reduce overall electricity consumption, including:
- Installing more sensor lighting where appropriate
- Installing timers on socket banks to automatically turn off appliances during non-working hours
- Reviewing and renewing inefficient equipment
- Considering energy efficiency when purchasing new equipment Created an Environmental Committee to lead initiatives across different departments.
- Committed to measuring carbon footprint of business activities year-on-year to understand pinch points and regularly make efficient and direct improvements. These plans aim to significantly reduce Rocking Horse Pictures\' direct emissions and emissions from purchased electricity, with a strong focus on renewable energy procurement and energy efficiency measures.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*Calculation Methodology: 1. We used the Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard to calculate their emissions. 2. We followed the operational control approach for setting organisational boundaries. 3. Emissions were calculated using the UK Government\'s Conversion Factors for Company Reporting. 4. The baseline year for calculations was set as the calendar year 2023 (1st Jan 2023 to 31st December 2023). Data Accuracy and Tools: 1. The company used primary data sources where possible, including: - Utility bills - Fuel card reports - Expense claims 2. We employed Positive Planet to process the data and calculate emission figures. 3. For Scope 1 emissions: - Natural gas consumption was based on actual meter readings. - Company vehicle fuel use was calculated from fuel card data and expense claims. 4. For Scope 2 emissions: - Electricity consumption was based on actual meter readings. Comments on Data Accuracy: 1. The use of primary data sources like utility bills and fuel card reports generally provides a high level of accuracy. 2. The adoption of a standardised tool helps ensure consistency in calculations and reduces the risk of human error. 3. Using the latest UK Government Conversion Factors enhances the reliability of the emissions calculations.
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
*87 metric tons CO2e
Supply chain related - upstream emissions
4.1.2 Purchased goods and services
*51.1 metric tons CO2e
4.1.3 Capital goods
*9.3 metric tons CO2e
4.1.4 Fuel and energy related activities
*5.7 metric tons CO2e
4.1.5 Transportation and distribution (upstream)
*0.9 metric tons CO2e
4.1.6 Waste in operations
*0.3 metric tons CO2e
4.1.7 Business travel
*13.7 metric tons CO2e
4.1.8 Employee commuting
*5.3 metric tons CO2e
4.1.9 Leased assets (upstream)
*0.7 metric tons CO2e
Customer related - downstream emissions
4.1.10 Transportation and distribution (downstream)
*0 metric tons CO2e
4.1.11 Processing of sold products
*0 metric tons CO2e
4.1.12 Use of sold products
*0 metric tons CO2e
4.1.13 End-of-life treatment of products
*0 metric tons CO2e
4.1.14 Leased assets (downstream)
*0 metric tons CO2e
4.1.15 Franchises
*0 metric tons CO2e
4.1.16 Investments
*0 metric tons CO2e
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?
*Yes
1. Supplier engagement: - Engage with key suppliers to understand and influence their environmental impact - Request environmental policies from suppliers - Consider suppliers\' environmental credentials in procurement decisions 2. Travel and transport: - Implement a sustainable travel policy - Encourage use of public transport and car sharing for business travel - Prioritise train travel over flying for domestic journeys - Use video conferencing to reduce unnecessary travel 3. Waste reduction: - Improve waste management practices - Increase recycling rates - Reduce single-use plastics in operations 4. Employee engagement: - Educate employees on environmental issues and sustainable practices - Encourage sustainable behaviours both at work and at home 5. Sustainable production practices: - Implement sustainable practices in film and video production - Consider environmental impact in all stages of production, from pre-production to post-production 6. Digital footprint: - Optimise digital operations to reduce energy consumption - Consider the environmental impact of data storage and transfer 7. Circular economy: - Explore opportunities to implement circular economy principles in operations - Look for ways to reuse or repurpose equipment and materials 8. Offsetting: - While not a primary strategy, consider carbon offsetting for unavoidable emissions 9. Measurement and reporting: - Continue to measure and report on Scope 3 emissions - Use this data to identify further opportunities for reduction 10. Collaboration: - Work with industry partners and clients to promote sustainable practices across the sector
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.
*Calculation Methodology: 1. The GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard was used as the framework for calculations. 2. Emissions were calculated using the 2022 UK Government\'s Conversion Factors for Company Reporting. 3. The operational control approach was used for setting organisational boundaries. 4. The baseline year was set as the calendar year 2023 (1st January 2023 to 31st December 2023). Data Sources and Accuracy: 1. Primary data sources were used where possible, including: - Financial Accounts data - Supplier emissions data where available 2. Where primary data was unavailable, estimations and proxy data were used. This likely introduces some level of uncertainty into the calculations. Tools Used: 1. Positive Planet processed the data to generate emission figures for Scope 3 emissions. Comments on Data Accuracy: 1. The use of a standardised tools used by Positive Planet helps ensure consistency in calculations and reduces the risk of human error. 2. The adoption of the latest UK Government Conversion Factors enhances the reliability of the emissions calculations. 3. The reliance on estimations and proxy data for some Scope 3 categories likely reduces the overall accuracy compared to Scope 1 and 2 emissions. 4. There are ongoing efforts to improve data collection and accuracy for Scope 3 emissions.
Climate Solutions (optional) *
5.1 Do you classify any of your existing goods and/or services as a climate solution?
*No
5.3 Provide descriptions/names of your climate solutions:
*0% of our total revenue currently comes from sales of direct climate solutions as defined in question 5.1. However, we are actively working to reduce the carbon footprint of our video production services and to incorporate sustainable practices throughout our operations. While these efforts don\'t yet meet the specific criteria for climate solutions outlined in 5.1, we are committed to continually improving our environmental impact and exploring ways to develop services that will qualify as climate solutions in the future.
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,Person is responsible for climate strategy at board level
6.1.1 Please describe their position and responsibility.
*CEO
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?
*Yes - we have identified both climate risks and opportunities
6.2.1 Where are the climate risks you've identified?
*Own operations
6.2.2 How are you managing these climate risks? Choose as many as are applicable.
*We\'ve started to prioritise climate risks,We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We’ve quantified the amount and percentage of assets or businesses activities vulnerable to climate risk,We\'ve Identified plans for adaptation to mitigate these risks,We\'ve Integrated these adaptation plans into business practices
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*No
-
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
Yes, we have taken actions this year outside of our emissions to accelerate climate progress. At Rocking Horse Pictures, we believe in extending our impact beyond our own operations. Here are some key actions we\'ve taken: 1. We\'re planning a supplier engagement programme, working with our key suppliers to understand and influence their environmental impact. This will help us drive sustainability throughout our supply chain. 2. We\'re launching an employee education initiative, raising awareness about environmental issues and promoting sustainable practices both in the workplace and at home. This will extend our impact into our employees\' personal lives and communities. 3. We\'re initiating collaboration with industry partners and clients to promote sustainable practices across the film and video production sector. By sharing our experiences and best practices, we\'re aiming to help to drive industry-wide change. 4. We\'re implementing sustainable production practices and will promote these to our clients and peers. This will not only reduce the environmental impact of our projects but also influences the wider industry towards more sustainable methods. 5. We\'ve established an Environmental Committee to lead sustainability initiatives across different departments. This committee is tasked with identifying and implementing actions that go beyond just emissions reduction.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*As 2023 is our baseline year for emissions calculations, we do not yet have year-on-year comparison data. We are committed to measuring our carbon footprint annually going forward, which will allow us to track changes and progress in future years. Our current focus is on implementing the reduction strategies outlined in our Carbon Reduction Plan.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 2 emissions,Reducing scope 3 emissions,Limited control over energy use in buildings,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action,Insufficient funding,Inaccurate or insufficient data,Low return on investment
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
Our emissions data has been independently verified by Positive Planet, a sustainability reporting specialist. This verification aligns with SME Climate Hub\'s flexible approach for SMEs, ensuring credible and transparent reporting. This process demonstrates our commitment to transparency and continuous improvement in climate reporting, providing stakeholders confidence in our environmental stewardship and responsible practices.
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