Watts Group Limited's Climate Report

Submitted on 2023-08-03

Introduction *

Commitment And Targets *

Own emissions *

Value chain emissions *

(optional)

Actions and plans to reduce emissions *

Climate Solutions *

(optional)

Management and strategy *

(optional)

Results, challenges and outlook *

Version 3.0

Introduction *

reporting year

*

2022

number of employees in the reporting year

*

80

Commitment And Targets *

net zero target year

*

2050

Base year

*

2022

comment on your net zero targets

*

Watts Group Limited are fully committed to halving carbon emissions by 2030 and becoming fully Net Zero by 2050 and are a signatory to the United Nations Race to Net Zero campaign.

near-term scope 1 target

*

-

target year

*

2030

near-term scope 2 target

*

50

target year

*

2030

near-term scope 3 target

*

50

target year

*

2030

comment on your near-term targets

*

Watts Group are currently reporting 0% Scope 1 emissions due to the nature of our business. Watts are committed to finding ways to reduce our Scope 2 and 3 emissions by 50% by 2030. To ensure we remain on track, we have implemented a Carbon Accounting procedure which will seek to achieve a year-on-year reduction of 7.5%, to take us beyond the 50% target by 2030.

Own emissions *

scope 1 emissions

scope 1 emissions (metric tons co2e)

*

-

own facilities

*

N/A

own vehicles

*

N/A

own processes

*

Not measured

scope 2 emissions

scope 2 emissions (metric tons co2e)

*

18.6

total energy consumption (kwh)

*

53000

renewable energy

*

-

purchased electricity

*

18.6

metric tons CO2e

Renewable electricity (%)

-

purchased steam

*

N/A

Renewable electricity (%)

-

purchased heating

*

Not measured

Renewable electricity (%)

-

purchased cooling

*

Not measured

Renewable electricity (%)

-

Comment on your energy consumption

*

Majority of heating provided through A/C system so wrapped up in electricity costs. Isolated use of Gas heating used however not measured as part of Landlord systems.

Value chain emissions (optional) *

scope 3 emissions

scope 3 emissions (metric tons co2e)

*

319.8

supply chain related - upstream emissions

purchased goods and services

*

254

metric tons CO2e

capital goods

*

3.7

metric tons CO2e

fuel and energy related activities

*

N/A

waste in operations

*

Not measured

business travel

*

53.8

metric tons CO2e

employee commuting

*

Not measured

leased assets (upstream)

*

N/A

customer related - downstream emissions

transportation and distribution (downstream)

*

N/A

processing of sold products

*

N/A

use of sold products

*

N/A

end-of-life treatment of products

*

N/A

leased assets (downstream)

*

N/A

franchises

*

N/A

investments

*

N/A

List any sources of emissions excluded:

*

We have not included for employee commuting.

describe the calculation methodology and comment on accuracy:

*

We have inputted the data as best possible from our information available about our business. We consider this Report as the starting point on our Net Zero journey and will look to refine reporting detail as we progress on our transition to Net Zero., and as the tools we have at our disposal offer more detailed assessment.

Actions and plans to reduce emissions *

Scope 1 Actions

own facilities

N/A

-

own vehicles

N/A

Watts are currently looking into an electric company car policy, which we are hoping to implement in the future.

own processes

N/A

-

scope 2 actions

purchased electricity

Yes

We have this year reduced our overall office footprint and are taking a more flexible approach to working. This in turn has reduced our energy consumption requirement and emissions. As part of this transition, we have also moved our London Head Office into a more sustainable building with a much improved EPC rating, therefore expect a direct reduction in associated energy consumption moving forwards.

purchased steam

N/A

-

purchased heating

No

Our heating across our offices is principally provided by air conditioning therefore the emissions are included within the electrical energy consumption assessment. In our isolated office space which uses fossil fuel, this is Landlord equipment therefore has not been included in our assessment.

purchased cooling

Yes

As above answer for Electrical consumption.

scope 3 actions

supply chain related (upstream)

purchased good and services

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

capital goods

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

fuel and energy related activities

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

transportation and distribution (upstream)

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

waste in operation

*

N/A

-

business travel

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

employee commuting

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

upstream leased assets

*

N/A

-

customer related (downstream)

transportation and distribution (downstream)

*

N/A

-

processing of sold products

*

N/A

-

use of sold products

*

N/A

-

end-of-life treatment of products

*

N/A

-

leased assets (downstream)

*

N/A

-

franchises

*

N/A

-

investments

*

N/A

-

i have asked my suppliers to halve emissions before 2030 and join the un-backed race to zero campaign

*

No

i have communicated my commitment and actions to my business customers and asked them to join the un race to zero

*

No

Climate Solutions (optional) *

Provide descriptions/names of your climate solutions:

*

Advice to our Clients on energy performance of their assets and portfolio's; recommendation on improvement works relating to energy efficiency; modeling of properties to determine benefit of energy improvements and thermal performance; specifying low carbon products; implementation of energy improvements to bult assets.

Methodology used to assess these as climate solutions:

*

Training of staff through membership of UK Green Building Council to raise awareness of products and technologies. Selecting products and measurement tools with industry recognised benchmarks.

are you investing in climate and/or nature outside your value chain?

*

No

Management and strategy (optional) *

Results, challenges and outlook *

Watts Group Limited's Climate Report

Watts Group Limited's Climate Report - 2022

Introduction *

reporting year

*

2022

number of employees in the reporting year

*

80

Commitment And Targets *

net zero target year

*

2050

Base year

*

2022

comment on your net zero targets

*

Watts Group Limited are fully committed to halving carbon emissions by 2030 and becoming fully Net Zero by 2050 and are a signatory to the United Nations Race to Net Zero campaign.

near-term scope 1 target

*

-

target year

*

2030

near-term scope 2 target

*

50

target year

*

2030

near-term scope 3 target

*

50

target year

*

2030

comment on your near-term targets

*

Watts Group are currently reporting 0% Scope 1 emissions due to the nature of our business. Watts are committed to finding ways to reduce our Scope 2 and 3 emissions by 50% by 2030. To ensure we remain on track, we have implemented a Carbon Accounting procedure which will seek to achieve a year-on-year reduction of 7.5%, to take us beyond the 50% target by 2030.

Own emissions *

scope 1 emissions

scope 1 emissions (metric tons co2e)

*

-

own facilities

*

N/A

own vehicles

*

N/A

own processes

*

Not measured

scope 2 emissions

scope 2 emissions (metric tons co2e)

*

18.6

total energy consumption (kwh)

*

53000

renewable energy

*

-

purchased electricity

*

18.6

metric tons CO2e

Renewable electricity (%)

-

purchased steam

*

N/A

Renewable electricity (%)

-

purchased heating

*

Not measured

Renewable electricity (%)

-

purchased cooling

*

Not measured

Renewable electricity (%)

-

Comment on your energy consumption

*

Majority of heating provided through A/C system so wrapped up in electricity costs. Isolated use of Gas heating used however not measured as part of Landlord systems.

Value chain emissions (optional) *

scope 3 emissions

scope 3 emissions (metric tons co2e)

*

319.8

supply chain related - upstream emissions

purchased goods and services

*

254

metric tons CO2e

capital goods

*

3.7

metric tons CO2e

fuel and energy related activities

*

N/A

waste in operations

*

Not measured

business travel

*

53.8

metric tons CO2e

employee commuting

*

Not measured

leased assets (upstream)

*

N/A

customer related - downstream emissions

transportation and distribution (downstream)

*

N/A

processing of sold products

*

N/A

use of sold products

*

N/A

end-of-life treatment of products

*

N/A

leased assets (downstream)

*

N/A

franchises

*

N/A

investments

*

N/A

List any sources of emissions excluded:

*

We have not included for employee commuting.

describe the calculation methodology and comment on accuracy:

*

We have inputted the data as best possible from our information available about our business. We consider this Report as the starting point on our Net Zero journey and will look to refine reporting detail as we progress on our transition to Net Zero., and as the tools we have at our disposal offer more detailed assessment.

Actions and plans to reduce emissions *

Scope 1 Actions

own facilities

N/A

-

own vehicles

N/A

Watts are currently looking into an electric company car policy, which we are hoping to implement in the future.

own processes

N/A

-

scope 2 actions

purchased electricity

Yes

We have this year reduced our overall office footprint and are taking a more flexible approach to working. This in turn has reduced our energy consumption requirement and emissions. As part of this transition, we have also moved our London Head Office into a more sustainable building with a much improved EPC rating, therefore expect a direct reduction in associated energy consumption moving forwards.

purchased steam

N/A

-

purchased heating

No

Our heating across our offices is principally provided by air conditioning therefore the emissions are included within the electrical energy consumption assessment. In our isolated office space which uses fossil fuel, this is Landlord equipment therefore has not been included in our assessment.

purchased cooling

Yes

As above answer for Electrical consumption.

scope 3 actions

supply chain related (upstream)

purchased good and services

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

capital goods

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

fuel and energy related activities

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

transportation and distribution (upstream)

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

waste in operation

*

N/A

-

business travel

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

employee commuting

*

Yes

As part of our on-going improvements, Watts are endeavoring to use supply chain partners who have made similar Net Zero Commitments which align with our won targets.

upstream leased assets

*

N/A

-

customer related (downstream)

transportation and distribution (downstream)

*

N/A

-

processing of sold products

*

N/A

-

use of sold products

*

N/A

-

end-of-life treatment of products

*

N/A

-

leased assets (downstream)

*

N/A

-

franchises

*

N/A

-

investments

*

N/A

-

i have asked my suppliers to halve emissions before 2030 and join the un-backed race to zero campaign

*

No

i have communicated my commitment and actions to my business customers and asked them to join the un race to zero

*

No

Climate Solutions (optional) *

Provide descriptions/names of your climate solutions:

*

Advice to our Clients on energy performance of their assets and portfolio's; recommendation on improvement works relating to energy efficiency; modeling of properties to determine benefit of energy improvements and thermal performance; specifying low carbon products; implementation of energy improvements to bult assets.

Methodology used to assess these as climate solutions:

*

Training of staff through membership of UK Green Building Council to raise awareness of products and technologies. Selecting products and measurement tools with industry recognised benchmarks.

are you investing in climate and/or nature outside your value chain?

*

No

Management and strategy (optional) *

Results, challenges and outlook *

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