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QLM Technology Ltd's Climate Report
Submitted on 2025-03-28
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 3.0
Introduction *
1.1 Reporting year
*2024
1.1.1 Reporting period
*from 1.2024 to 12.2024
1.2 Describe your business activities
*Manufacture of methane measurement system
Limited field operations
Customer support
1.4 Number of employees in the reporting year
*33
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
*2030
2.1.1 Base year
*2021
2.2 Near-term target
*20% of intensity scope 1+2 emission reduction from my base year by 2026
2.3 Provide any additional comments or context on your net zero and near term targets.
*The targets set here are based on QLM’s projections for sales growth of our quantum gas lidar, balancing emissions reductions as a result of lidar deployment at customer sites, and efficiencies in the supply of energy that is purchased, with the growth in carbon footprint as a function of expansion. The Scope 2 targets are more uncertain than the Scope 1 targets, as fluctuations in energy prices due to availability have the potential to influence its sourcing. QLM will be seeking to source energy only from sustainable sources, minimizing the impact of operational expansion even as energy consumption increases.
Note: We are not obligated to report or comment on scope 3 emissions: Emissions that are a consequence of your actions, which occur at sources which you do not own or control. Examples of activities that result in scope 3 emissions are business travel, commuting, waste disposal, purchased materials, freight (incoming and outgoing) of material and products, use of sold products and services and financial investments.
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
*20000 kwh
3.3 Renewable energy
*10000 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*20 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*6.5 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*QLM is committed to reducing the impact of travel as it scales up its business by increased use of video meetings, and flexible working.
QLM will replace its single company vehicle with an electric vehicle when lease terms allow.
QLM does not own facilities, but a prerequisite for additional facilities or renegotiations of existing facilities is they be supplied with renewable electricity.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*Audited company finance records used as to input into free online carbon accounting tools.
Value Chain Emissions (optional) *
Scope 3 emissions
Supply chain related - upstream emissions
Customer related - downstream emissions
Climate Solutions (optional) *
Management, Strategy and Climate Risk (optional) *
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*QLM reported for year 2022-3.
Emissions are higher as a function of headcount and operations growth, but the intensity per head has remained stable.
The targets set here are based on QLM’s projections for sales growth of our quantum gas lidar, balancing emissions reductions as a result of lidar deployment at customer sites, and efficiencies in the supply of energy that is purchased, with the growth in carbon footprint as a function of expansion. The Scope 2 targets are more uncertain than the Scope 1 targets, as fluctuations in energy prices due to availability have the potential to influence its sourcing. QLM will be seeking to source energy only from sustainable sources, minimizing the impact of operational expansion even as energy consumption increases.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 1 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Electrifying the vehicle fleet and/or cutting transport emissions,Slow societal and economic progress on climate action,Low return on investment,Limited influence over suppliers
7.3 Has there been any third party validation of the data submitted in this report?
*No
-
QLM Technology Ltd's Climate Report
QLM Technology Ltd's Climate Report - 2024
Introduction *
1.1 Reporting year
*2024
1.1.1 Reporting period
*from 1.2024 to 12.2024
1.2 Describe your business activities
*Manufacture of methane measurement system
Limited field operations
Customer support
1.4 Number of employees in the reporting year
*33
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
*2030
2.1.1 Base year
*2021
2.2 Near-term target
*20% of intensity scope 1+2 emission reduction from my base year by 2026
2.3 Provide any additional comments or context on your net zero and near term targets.
*The targets set here are based on QLM’s projections for sales growth of our quantum gas lidar, balancing emissions reductions as a result of lidar deployment at customer sites, and efficiencies in the supply of energy that is purchased, with the growth in carbon footprint as a function of expansion. The Scope 2 targets are more uncertain than the Scope 1 targets, as fluctuations in energy prices due to availability have the potential to influence its sourcing. QLM will be seeking to source energy only from sustainable sources, minimizing the impact of operational expansion even as energy consumption increases.
Note: We are not obligated to report or comment on scope 3 emissions: Emissions that are a consequence of your actions, which occur at sources which you do not own or control. Examples of activities that result in scope 3 emissions are business travel, commuting, waste disposal, purchased materials, freight (incoming and outgoing) of material and products, use of sold products and services and financial investments.
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
*20000 kwh
3.3 Renewable energy
*10000 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*20 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*6.5 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*QLM is committed to reducing the impact of travel as it scales up its business by increased use of video meetings, and flexible working.
QLM will replace its single company vehicle with an electric vehicle when lease terms allow.
QLM does not own facilities, but a prerequisite for additional facilities or renegotiations of existing facilities is they be supplied with renewable electricity.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*Audited company finance records used as to input into free online carbon accounting tools.
Value Chain Emissions (optional) *
Scope 3 emissions
Supply chain related - upstream emissions
Customer related - downstream emissions
Climate Solutions (optional) *
Management, Strategy and Climate Risk (optional) *
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*QLM reported for year 2022-3.
Emissions are higher as a function of headcount and operations growth, but the intensity per head has remained stable.
The targets set here are based on QLM’s projections for sales growth of our quantum gas lidar, balancing emissions reductions as a result of lidar deployment at customer sites, and efficiencies in the supply of energy that is purchased, with the growth in carbon footprint as a function of expansion. The Scope 2 targets are more uncertain than the Scope 1 targets, as fluctuations in energy prices due to availability have the potential to influence its sourcing. QLM will be seeking to source energy only from sustainable sources, minimizing the impact of operational expansion even as energy consumption increases.
7.2 Do you face any key challenges in reducing emissions?
*Reducing scope 1 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Electrifying the vehicle fleet and/or cutting transport emissions,Slow societal and economic progress on climate action,Low return on investment,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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¿Listo para comprometerte a reducir tus emisiones?
Es fácil comprometerse. Solo tienes que completar un formulario compartiendo tu intención de reducir tus emisiones.
Ganarás reconocimiento público por tomar este primer paso.
هل أنت مستعد للالتزام بتقليل الانبعاثات؟
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سوف تحظى باعتراف عام باتخاذك الخطوة الأولى.
Prêt à vous engager pour réduire les émissions ?
S’engager est simple. Il suffit de remplir un formulaire indiquant votre intention de réduire vos émissions.
Vous gagnerez une reconnaissance publique pour avoir fait le premier pas.
Redo att åta sig att minska utsläppen?
Det är enkelt att göra åtagandet. Fyll bara i ett formulär där du delar med dig av din avsikt att minska dina utsläpp.
Du kommer att få offentligt erkännande för att du tagit det första steget.
Pronto para se comprometer com a redução das emissões?
É fácil assumir esse compromisso. Basta preencher um formulário informando sua intenção de reduzir suas emissões.
Você receberá reconhecimento público por dar o primeiro passo.
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