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ESG Accord Ltd's Climate Report
Submitted on 2025-09-01 · Edited on 2025-09-01
Introduction *
1.1 End day of the reporting period*
2025-05-31
1.1.1 Reporting year*
2025
1.2 Describe your business activities*
Business consultancy for financial services firms specialising in ESG & Sustainability, support and compliance services for financial advice firms
1.4 Number of employees on the end day of the reporting period*
2
1.4.1 Full-time equivalent (FTE) or headcounts*
Full-time equivalent
1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.*
Not applicable
1.5.1 Please explain the relationship*
-
Commitment and Targets *
2.1 Net zero target year*
2040
2.1.1 Base year*
2023
2.1.2 Base year value*
5.476
Base year value confirmation*
-
2.2 Near-term target*
50% of absolute scope 1+2+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.*
In 2021 we committed to halving our emissions by 2030 and ending contributions to climate change by 2040. We have taken action to redress/offset the environmental impact of ESG Accord through our contribution to The Global Returns Portfolio. The financial contribution is commensurate with the cost of the carbon we have generated, calculated as the carbon future price multiplied by our firm’s carbon footprint. We will continue to calculate and take action going forward.
2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action*
Yes, the plan and action include all scope 1+2+3
Own Emissions *
Energy consumption
3.2 Total energy consumption*
0 kWh
3.3 Total renewable energy consumption*
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 metric tons CO2e
3.6 Market-based Scope 2 emissions*
0 metric tons CO2e
Scope 1 and 2 units confirmation*
-
3.7 Have you taken any actions to reduce Scope 1 and 2 emissions in the reporting period?*
-
3.8 Which tools or methods did you use to calculate your Scope 1 and 2 emissions?*
3.8.1 Specify any additional details*
We used our 2024/2025 final accounts. Where possible, we added details matching to the Small Business Carbon Calculator data fields. We gained medium coverage of our expenses. All emissions in the report are scope 3. ESG Accord has two directors only - no other staff. Both are 100% remote workers. We used the UK government’s DEFRA guidelines to provide an average emission factor for home working based on typical energy use per hour. We added this to the Small Business Carbon Calculator output to gain our total estimated emissions (all scope 3).
Value Chain Emissions (optional)
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?*
Yes
Supply chain related - upstream emissions
Customer related - downstream emissions
Scope 3 units confirmation*
-
4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?*
Yes
4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?*
Business travel and commuting, Product/service design innovation, Digital and technology-enabled solutions
4.2.2 Provide any additional details*
We used our 2024/2025 final accounts. Where possible, we added details matching to the Small Business Carbon Calculator data fields. We gained medium coverage of our expenses. All emissions in the report are scope 3. ESG Accord has two directors only - no other staff. Both are 100% remote workers. We used the UK government’s DEFRA guidelines to provide an average emission factor for home working based on typical energy use per hour. We added this to the Small Business Carbon Calculator output to gain our total estimated emissions (all scope 3).
4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*
No
4.3.1 What percentage of your suppliers have you asked?*
-
4.4 Have you communicated your commitment and actions to any of your customers?*
Yes
4.5 Which tools or methods did you use to calculate your scope 3 emissions?*
Small Business Carbon Calculator
4.5.1 Specify additional details*
We used our 2024/2025 final accounts. Where possible, we added details matching to the Small Business Carbon Calculator data fields. We gained medium coverage of our expenses. All emissions in the report are scope 3. ESG Accord has two directors only - no other staff. Both are 100% remote workers. We used the UK government’s DEFRA guidelines to provide an average emission factor for home working based on typical energy use per hour. We added this to the Small Business Carbon Calculator output to gain our total estimated emissions (all scope 3).
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.*
Our 2024 report showed an estimate of 7.64 metric tons CO2e. This year we show an estimate of 5.312 tons CO2e. This reduced result may be due to a lower turnover rate, no business flights, a different emissions calculator etc. We continue to take action to redress/offset the environmental impact of ESG Accord through our contribution to The Global Returns Portfolio. Last year our contribution to the GRP was £530 based on our commitment to contributing 1% of net of tax profits to the Global Returns Project. Last year the financial contribution is commensurate with the cost of the carbon we have generated, calculated as the carbon future price multiplied by our firm’s carbon footprint. Based on the current price of emissions allowances traded on the UK Emissions Trading System (UK-ETS)- £64.90 British pounds per metric ton on Jan 2024 (this is the official carbon price for civil penalties in the UK ETS for the scheme year starting January 1, 2024) if we multiply the current price of emissions by our basic emissions calculated for the SME Hub 5.312 CO2e we get a price needed to redress/offset our emissions of £344.75. ESG Accord is committed to contributing 1% of net of tax profits to the Global Returns Project, and based on this years accounts, where this year our net of tax profits are lower, this is £330.41. Due to the reduction and to the estimated figures used in the calculations, the directors have agreed to make a contribution to the GRP of £530 (same as 2024). This financial contribution is commensurate with the estimated cost of the carbon we have generated. We will continue to do this going forward. ESG Accord donates annually to the Global Returns Portfolio: a diverse set of best-in-class climate charities.
7.2 Do you face any key challenges in reducing emissions?*
Reducing scope 3 emissions, Reducing emissions from business travel, Balancing emission reductions with business growth, Complexities in managing supply chain emissions, Time constraints, Inaccurate or insufficient data
Specify other challenges*
-
7.3 Has there been any third party validation of the data submitted in this report?*
No
-
ESG Accord Ltd's Climate Report
ESG Accord Ltd's Climate Report - 2025
Introduction *
1.1 End day of the reporting period*
2025-05-31
1.1.1 Reporting year*
2025
1.2 Describe your business activities*
Business consultancy for financial services firms specialising in ESG & Sustainability, support and compliance services for financial advice firms
1.4 Number of employees on the end day of the reporting period*
2
1.4.1 Full-time equivalent (FTE) or headcounts*
Full-time equivalent
1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.*
Not applicable
1.5.1 Please explain the relationship*
-
Commitment and Targets *
2.1 Net zero target year*
2040
2.1.1 Base year*
2023
2.1.2 Base year value*
5.476
Base year value confirmation*
-
2.2 Near-term target*
50% of absolute scope 1+2+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.*
In 2021 we committed to halving our emissions by 2030 and ending contributions to climate change by 2040. We have taken action to redress/offset the environmental impact of ESG Accord through our contribution to The Global Returns Portfolio. The financial contribution is commensurate with the cost of the carbon we have generated, calculated as the carbon future price multiplied by our firm’s carbon footprint. We will continue to calculate and take action going forward.
2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action*
Yes, the plan and action include all scope 1+2+3
Own Emissions *
Energy consumption
3.2 Total energy consumption*
0 kWh
3.3 Total renewable energy consumption*
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 metric tons CO2e
3.6 Market-based Scope 2 emissions*
0 metric tons CO2e
Scope 1 and 2 units confirmation*
-
3.7 Have you taken any actions to reduce Scope 1 and 2 emissions in the reporting period?*
-
3.8 Which tools or methods did you use to calculate your Scope 1 and 2 emissions?*
3.8.1 Specify any additional details*
We used our 2024/2025 final accounts. Where possible, we added details matching to the Small Business Carbon Calculator data fields. We gained medium coverage of our expenses. All emissions in the report are scope 3. ESG Accord has two directors only - no other staff. Both are 100% remote workers. We used the UK government’s DEFRA guidelines to provide an average emission factor for home working based on typical energy use per hour. We added this to the Small Business Carbon Calculator output to gain our total estimated emissions (all scope 3).
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?*
Yes
Supply chain related - upstream emissions
Customer related - downstream emissions
Scope 3 units confirmation*
-
4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?*
Yes
4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?*
Business travel and commuting, Product/service design innovation, Digital and technology-enabled solutions
4.2.2 Provide any additional details*
We used our 2024/2025 final accounts. Where possible, we added details matching to the Small Business Carbon Calculator data fields. We gained medium coverage of our expenses. All emissions in the report are scope 3. ESG Accord has two directors only - no other staff. Both are 100% remote workers. We used the UK government’s DEFRA guidelines to provide an average emission factor for home working based on typical energy use per hour. We added this to the Small Business Carbon Calculator output to gain our total estimated emissions (all scope 3).
4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*
No
4.3.1 What percentage of your suppliers have you asked?*
-
4.4 Have you communicated your commitment and actions to any of your customers?*
Yes
4.5 Which tools or methods did you use to calculate your scope 3 emissions?*
Small Business Carbon Calculator
4.5.1 Specify additional details*
We used our 2024/2025 final accounts. Where possible, we added details matching to the Small Business Carbon Calculator data fields. We gained medium coverage of our expenses. All emissions in the report are scope 3. ESG Accord has two directors only - no other staff. Both are 100% remote workers. We used the UK government’s DEFRA guidelines to provide an average emission factor for home working based on typical energy use per hour. We added this to the Small Business Carbon Calculator output to gain our total estimated emissions (all scope 3).
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.*
Our 2024 report showed an estimate of 7.64 metric tons CO2e. This year we show an estimate of 5.312 tons CO2e. This reduced result may be due to a lower turnover rate, no business flights, a different emissions calculator etc. We continue to take action to redress/offset the environmental impact of ESG Accord through our contribution to The Global Returns Portfolio. Last year our contribution to the GRP was £530 based on our commitment to contributing 1% of net of tax profits to the Global Returns Project. Last year the financial contribution is commensurate with the cost of the carbon we have generated, calculated as the carbon future price multiplied by our firm’s carbon footprint. Based on the current price of emissions allowances traded on the UK Emissions Trading System (UK-ETS)- £64.90 British pounds per metric ton on Jan 2024 (this is the official carbon price for civil penalties in the UK ETS for the scheme year starting January 1, 2024) if we multiply the current price of emissions by our basic emissions calculated for the SME Hub 5.312 CO2e we get a price needed to redress/offset our emissions of £344.75. ESG Accord is committed to contributing 1% of net of tax profits to the Global Returns Project, and based on this years accounts, where this year our net of tax profits are lower, this is £330.41. Due to the reduction and to the estimated figures used in the calculations, the directors have agreed to make a contribution to the GRP of £530 (same as 2024). This financial contribution is commensurate with the estimated cost of the carbon we have generated. We will continue to do this going forward. ESG Accord donates annually to the Global Returns Portfolio: a diverse set of best-in-class climate charities.
7.2 Do you face any key challenges in reducing emissions?*
Reducing scope 3 emissions, Reducing emissions from business travel, Balancing emission reductions with business growth, Complexities in managing supply chain emissions, Time constraints, Inaccurate or insufficient data
Specify other challenges*
-
7.3 Has there been any third party validation of the data submitted in this report?*
No
-
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