P34B's Climate Report

Submitted on 2024-10-10

Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Results, Challenges and Outlook *

Version 3.0

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 9.2023 to 8.2024

1.2 Describe your business activities

*
Professional services and project management business.

1.4 Number of employees in the reporting year

*
5

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

*
2050

2.1.1 Base year

*
2024

2.2 Near-term target

*

54% of intensity scope 3 emission reduction from my base year by 2030

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

*
P34B Ltd is committed through our CSR Accreditation to achieve net zero emissions by 2050. We recognise this is a challenge for a business of our size and nature. Our journey towards this goal is guided by a clear and structured plan, which includes both immediate and long-term strategies to reduce our carbon footprint. Near-Term Targets: Annual Reduction Goals: We have set an ambitious target to reduce our carbon emissions by 7% each year over the next five years. This will bring our total emissions down to 6.18 tCO2e by 2029, representing a 67% reduction from our baseline year. Sustainable Procurement: We are committed to sourcing equipment from suppliers who are also dedicated to achieving net zero. This includes prioritising refurbished equipment and ensuring that any new purchases are necessary and sustainable. Energy Efficiency: With our recent office move, we are investing in additional equipment to monitor and reduce our electricity usage. This includes discussions with our landlord about switching to biogas to further reduce our emissions. Hybrid Working Model: By continuing our hybrid working model, we significantly reduce travel emissions and Scope 2 emissions, contributing to our overall reduction targets. Community Engagement: Our team actively participates in local sustainability projects, such as conservation work and tree planting, which not only offsets some of our emissions but also fosters a culture of environmental responsibility within our business and community. Long-Term Commitment: Our long-term commitment to net zero by 2050 is supported by continuous monitoring and audits to ensure we are on track and adopting best practices. We believe that by integrating sustainability into our core operations and making informed, responsible choices, we can achieve our net zero goal while also contributing positively to the environment and our community.

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

*
0 kwh

3.3 Renewable energy

*
0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
0 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
0.444 metric tons CO2e

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

*
Plans and Actions to Reduce Scope 1 & 2 Emissions: Scope 1 Emissions: Our Scope 1 emissions are currently zero, as we do not directly produce any greenhouse gases through activities such as fuel combustion or industrial processes. However, we remain vigilant and proactive in maintaining this status by: Electric Vehicle (EV) Fleet: We have invested in an electric vehicle for company use, which eliminates emissions from traditional fuel-powered vehicles. We are also exploring the feasibility of adding a second EV to our fleet to further support our zero-emission goals. Biogas Consideration: Although our office space is rented, we are in discussions with our landlord to switch to 100% or partial biogas for heating. This would ensure that any potential future Scope 1 emissions are minimised. Scope 2 Emissions: Our Scope 2 emissions, which are indirect emissions from the consumption of purchased electricity, are relatively low but we are committed to reducing them further through the following actions: Energy Monitoring and Management: We have invested in equipment that measures and monitors our electricity usage. This allows us to identify areas where we can reduce consumption and improve energy efficiency. Hybrid Working Model: By adopting a hybrid working model, we have significantly reduced the need for office-based work, thereby lowering our electricity usage and associated emissions. Office Equipment: We ensure that all new office equipment is energy-efficient and sourced from suppliers committed to net zero. Additionally, we prioritise the use of refurbished equipment to reduce the demand for new manufacturing. Renewable Energy: We are exploring options to switch to renewable energy sources for our electricity needs. This includes discussions with our energy provider to ensure that our electricity comes from sustainable sources. Continuous Improvement: We are committed to continuously monitoring and improving our energy usage. This includes regular audits and assessments to ensure that we are on track with our reduction targets and adopting best practices in energy management. By implementing these measures, we aim to maintain our low Scope 1 and 2 emissions and contribute to our overall goal of achieving net zero by 2050.

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

*
Calculation Methodology: Scope 1 Emissions: Methodology: As P34B Ltd currently has no direct emissions from owned or controlled sources, our Scope 1 emissions are reported as zero. This is verified through our operational activities which do not involve combustion of fuels or industrial processes. Scope 2 Emissions: Methodology: Our Scope 2 emissions are calculated based on the electricity consumption of our office premises. We use the Greenhouse Gas (GHG) Protocol Corporate Standard to guide our calculations. We used a tool called normative to guide us. Data Collection: Electricity usage data is collected from our utility bills and monitored through our energy management equipment. Emission Factors: We apply the appropriate government emission conversion factors for greenhouse gas company reporting to convert our electricity usage (in kWh) to tCO2e. Scope 3 Emissions: Methodology: Scope 3 emissions include all other indirect emissions that occur in our value chain. For our baseline year, we have included emissions from business travel, employee commuting, and waste generated in operations. Data Collection: Data is gathered from travel logs, employee surveys, and waste management records. Emission Factors: We use the GHG Protocol Corporate Value Chain (Scope 3) Standard and apply relevant emission factors to convert activity data into tCO2e. Data Accuracy: Data Sources: We ensure data accuracy by sourcing information directly from utility bills, travel logs, and waste management records. This primary data is cross-verified with internal records to ensure consistency. Monitoring Tools: Our energy management equipment provides real-time monitoring and accurate measurement of electricity usage, which enhances the reliability of our Scope 2 emissions data. External Audits: To maintain high data accuracy, we plan to invite external audits through local programs available in Lancashire. We have engaged wit North and Western Lancashire Chambers of Commerce. These audits will help verify our data and ensure adherence to best practices. Regular Updates: We commit to updating our Carbon Reduction Plan annually, which includes reviewing and refining our data collection and calculation methodologies to improve accuracy over time. By following these methodologies and ensuring data collection and verification processes, we aim to maintain high accuracy in our emissions reporting, supporting our commitment to achieving net zero by 2050.

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

*
8.68 metric tons CO2e

Supply chain related - upstream emissions

Customer related - downstream emissions

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

*

No

-

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.

*
We identified the relevant Scope 3 categories based on our business activities. For P34B Ltd, this includes business travel, employee commuting, and waste generated in operations. Data Collection Business Travel: Data is collected from travel logs, expense reports, and booking records. This includes information on the mode of transport, distance travelled, and frequency of trips. Employee Commuting: We conduct employee surveys to gather data on commuting patterns, including the mode of transport, distance, and frequency of commutes. Waste Generated in Operations: Data is obtained from waste management records, including the type and quantity of waste produced. We weigh our waste as a principal outcome. However it is very limited and we recycle as much as possible. Emission Factors: We use the GHG Protocol Corporate Value Chain (Scope 3) Standard to guide our calculations. Relevant emission factors are applied to convert activity data (e.g., kilometres travelled, kilograms of waste) into tCO2e. For business travel and employee commuting, we use emission factors specific to each mode of transport (e.g. car or train). For waste, we apply emission factors based on the type of waste and its disposal method (e.g., recycling, landfill). Data Accuracy Data Sources: We ensure data accuracy by sourcing information directly from primary records such as travel logs, expense reports, and waste management records. Employee surveys are designed to capture accurate commuting data. Monitoring Tools: We use digital tools and software to track and record travel and waste data. This helps in maintaining accurate and up-to-date records.

Results, Challenges and Outlook *

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

*
As this is P34B Ltd’s first submission of our Carbon Reduction Plan, we are establishing our baseline emissions for the reporting period of 1 September 2023 to 31 August 2024. This initial report marks a significant milestone in our commitment to achieving net zero emissions by 2050.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Reducing scope 3 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action

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

*

No

-

P34B's Climate Report

P34B's Climate Report - 2024

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 9.2023 to 8.2024

1.2 Describe your business activities

*
Professional services and project management business.

1.4 Number of employees in the reporting year

*
5

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

*
2050

2.1.1 Base year

*
2024

2.2 Near-term target

*

54% of intensity scope 3 emission reduction from my base year by 2030

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

*
P34B Ltd is committed through our CSR Accreditation to achieve net zero emissions by 2050. We recognise this is a challenge for a business of our size and nature. Our journey towards this goal is guided by a clear and structured plan, which includes both immediate and long-term strategies to reduce our carbon footprint. Near-Term Targets: Annual Reduction Goals: We have set an ambitious target to reduce our carbon emissions by 7% each year over the next five years. This will bring our total emissions down to 6.18 tCO2e by 2029, representing a 67% reduction from our baseline year. Sustainable Procurement: We are committed to sourcing equipment from suppliers who are also dedicated to achieving net zero. This includes prioritising refurbished equipment and ensuring that any new purchases are necessary and sustainable. Energy Efficiency: With our recent office move, we are investing in additional equipment to monitor and reduce our electricity usage. This includes discussions with our landlord about switching to biogas to further reduce our emissions. Hybrid Working Model: By continuing our hybrid working model, we significantly reduce travel emissions and Scope 2 emissions, contributing to our overall reduction targets. Community Engagement: Our team actively participates in local sustainability projects, such as conservation work and tree planting, which not only offsets some of our emissions but also fosters a culture of environmental responsibility within our business and community. Long-Term Commitment: Our long-term commitment to net zero by 2050 is supported by continuous monitoring and audits to ensure we are on track and adopting best practices. We believe that by integrating sustainability into our core operations and making informed, responsible choices, we can achieve our net zero goal while also contributing positively to the environment and our community.

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

*
0 kwh

3.3 Renewable energy

*
0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
0 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
0.444 metric tons CO2e

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

*
Plans and Actions to Reduce Scope 1 & 2 Emissions: Scope 1 Emissions: Our Scope 1 emissions are currently zero, as we do not directly produce any greenhouse gases through activities such as fuel combustion or industrial processes. However, we remain vigilant and proactive in maintaining this status by: Electric Vehicle (EV) Fleet: We have invested in an electric vehicle for company use, which eliminates emissions from traditional fuel-powered vehicles. We are also exploring the feasibility of adding a second EV to our fleet to further support our zero-emission goals. Biogas Consideration: Although our office space is rented, we are in discussions with our landlord to switch to 100% or partial biogas for heating. This would ensure that any potential future Scope 1 emissions are minimised. Scope 2 Emissions: Our Scope 2 emissions, which are indirect emissions from the consumption of purchased electricity, are relatively low but we are committed to reducing them further through the following actions: Energy Monitoring and Management: We have invested in equipment that measures and monitors our electricity usage. This allows us to identify areas where we can reduce consumption and improve energy efficiency. Hybrid Working Model: By adopting a hybrid working model, we have significantly reduced the need for office-based work, thereby lowering our electricity usage and associated emissions. Office Equipment: We ensure that all new office equipment is energy-efficient and sourced from suppliers committed to net zero. Additionally, we prioritise the use of refurbished equipment to reduce the demand for new manufacturing. Renewable Energy: We are exploring options to switch to renewable energy sources for our electricity needs. This includes discussions with our energy provider to ensure that our electricity comes from sustainable sources. Continuous Improvement: We are committed to continuously monitoring and improving our energy usage. This includes regular audits and assessments to ensure that we are on track with our reduction targets and adopting best practices in energy management. By implementing these measures, we aim to maintain our low Scope 1 and 2 emissions and contribute to our overall goal of achieving net zero by 2050.

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

*
Calculation Methodology: Scope 1 Emissions: Methodology: As P34B Ltd currently has no direct emissions from owned or controlled sources, our Scope 1 emissions are reported as zero. This is verified through our operational activities which do not involve combustion of fuels or industrial processes. Scope 2 Emissions: Methodology: Our Scope 2 emissions are calculated based on the electricity consumption of our office premises. We use the Greenhouse Gas (GHG) Protocol Corporate Standard to guide our calculations. We used a tool called normative to guide us. Data Collection: Electricity usage data is collected from our utility bills and monitored through our energy management equipment. Emission Factors: We apply the appropriate government emission conversion factors for greenhouse gas company reporting to convert our electricity usage (in kWh) to tCO2e. Scope 3 Emissions: Methodology: Scope 3 emissions include all other indirect emissions that occur in our value chain. For our baseline year, we have included emissions from business travel, employee commuting, and waste generated in operations. Data Collection: Data is gathered from travel logs, employee surveys, and waste management records. Emission Factors: We use the GHG Protocol Corporate Value Chain (Scope 3) Standard and apply relevant emission factors to convert activity data into tCO2e. Data Accuracy: Data Sources: We ensure data accuracy by sourcing information directly from utility bills, travel logs, and waste management records. This primary data is cross-verified with internal records to ensure consistency. Monitoring Tools: Our energy management equipment provides real-time monitoring and accurate measurement of electricity usage, which enhances the reliability of our Scope 2 emissions data. External Audits: To maintain high data accuracy, we plan to invite external audits through local programs available in Lancashire. We have engaged wit North and Western Lancashire Chambers of Commerce. These audits will help verify our data and ensure adherence to best practices. Regular Updates: We commit to updating our Carbon Reduction Plan annually, which includes reviewing and refining our data collection and calculation methodologies to improve accuracy over time. By following these methodologies and ensuring data collection and verification processes, we aim to maintain high accuracy in our emissions reporting, supporting our commitment to achieving net zero by 2050.

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

*
8.68 metric tons CO2e

Supply chain related - upstream emissions

Customer related - downstream emissions

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

*

No

-

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.

*
We identified the relevant Scope 3 categories based on our business activities. For P34B Ltd, this includes business travel, employee commuting, and waste generated in operations. Data Collection Business Travel: Data is collected from travel logs, expense reports, and booking records. This includes information on the mode of transport, distance travelled, and frequency of trips. Employee Commuting: We conduct employee surveys to gather data on commuting patterns, including the mode of transport, distance, and frequency of commutes. Waste Generated in Operations: Data is obtained from waste management records, including the type and quantity of waste produced. We weigh our waste as a principal outcome. However it is very limited and we recycle as much as possible. Emission Factors: We use the GHG Protocol Corporate Value Chain (Scope 3) Standard to guide our calculations. Relevant emission factors are applied to convert activity data (e.g., kilometres travelled, kilograms of waste) into tCO2e. For business travel and employee commuting, we use emission factors specific to each mode of transport (e.g. car or train). For waste, we apply emission factors based on the type of waste and its disposal method (e.g., recycling, landfill). Data Accuracy Data Sources: We ensure data accuracy by sourcing information directly from primary records such as travel logs, expense reports, and waste management records. Employee surveys are designed to capture accurate commuting data. Monitoring Tools: We use digital tools and software to track and record travel and waste data. This helps in maintaining accurate and up-to-date records.

Results, Challenges and Outlook *

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

*
As this is P34B Ltd’s first submission of our Carbon Reduction Plan, we are establishing our baseline emissions for the reporting period of 1 September 2023 to 31 August 2024. This initial report marks a significant milestone in our commitment to achieving net zero emissions by 2050.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Reducing scope 3 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Balancing emission reductions with business growth,Complexities in managing supply chain emissions,Slow societal and economic progress on climate action

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

*

No

-
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