Report results - SME Climate Hub

Edinburgh Instruments Ltd's Climate Report

Submitted on 2024-09-17

1.1 Reporting year*

2023

1.1.1 Reporting period*

from 1.2023 to 12.2023

1.2 Describe your business activities*

Manufacture of optical precision instruments

1.4 Number of employees in the reporting year*

168

1.4.1 Full-time equivalent (FTE) or headcounts*

Headcounts

1.5 Let us know if your company is a parent company or subsidiary*

Subsidiary

2.1 Net zero target year*

2040

2.1.1 Base year*

2021

2.2 Near-term target*

50% of intensity scope 1+2 emission reduction from my base year by 2030

50% of absolute scope 1+2 emission reduction from my base year by 2030

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

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*

743633 kwh

3.3 Renewable energy*

190637 kwh

Scope 1 emissions

3.4 Scope 1 emissions*

89.4 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions*

80.6 metric tons CO2e

3.6 Market based scope 2 emissions*

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

Actions taken: -The installation of a heat reclamation system in 2021 has had the largest impact on our energy consumption so far -Adjust heating temperatures -Find energy usage reduction opportunities -Reduce use of company-owned vehicles -Fix draughty windows and doors -Thermal imaging survey Short and medium-term plan includes: -Motion activated light sensors -Solar Panels installation -BMS upgrade -Fleet electrification -Insulation

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

The 2023 UK government conversion factors were used: https://www.gov.uk/government/publications/greenhouse-gas-reporting-conversion-factors-2023. Q.3.3: Renewable energy stated is the proportion of electricity generated from renewable sources as indicated in the fuel mix disclosure of our energy supplier.

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

Yes

4.1.1 Total scope 3 emissions*

485 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services*

4.1.3 Capital goods*

4.1.4 Fuel and energy related activities*

4.1.5 Transportation and distribution (upstream)*

4.1.6 Waste in operations*

3 metric tons CO2e

4.1.7 Business travel*

165 metric tons CO2e

4.1.8 Employee commuting*

170 metric tons CO2e

4.1.9 Leased assets (upstream)*

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)*

89 metric tons CO2e

4.1.11 Processing of sold products*

4.1.12 Use of sold products*

4.1.13 End-of-life treatment of products*

4.1.14 Leased assets (downstream)*

52 metric tons CO2e

4.1.15 Franchises*

4.1.16 Investments*

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

Yes

Scope 3 emissions are estimates based on the data we were able to obtain. In 2023, we have: -Started working with a new travel booking agency with improved reporting capability -Installed EV charging points -Implemented an EV purchasing scheme for employees, which complement our bike to work scheme Our current plan to reduce emissions from value chain includes -Investigate the use of new technologies to limit the requirements of our employees travelling for business -Improve data collection -Carbon budget for business travel

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*

4.2.1 What percentage of your suppliers have you asked?*

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.*

-Emissions linked to waste have been obtained by converting the weight by waste category provided by our waste collector into tCO2e using the 2023 UK gov. conversion factors. -Business travel emissions have been obtained from our travel booking agency. -Emissions linked to leased asset have been calculated using energy consumption data and the UK gov conversion factors. -Emissions linked to transportation and distribution have been calculated using data shared by the logistics suppliers that were able to give us this information, and applied pro-rata to the total costs for this category. -Emissions linked to employees commuting have been calculated following an employees survey. We assumed that the employees who filled the survey were a representative sample of all employees.

5.1 Do you classify any of your existing goods and/or services as a climate solution?*

5.2 What percentage of your total revenue comes from sales of climate solutions?*

5.3 Provide descriptions/names of your climate solutions:*

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.*

6.1 Explain*

6.1.1 Please describe their position and responsibility.*

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*

6.2 Have you started to identify and assess your companies climate risks and opportunities?*

6.2.1 Where are the climate risks you've identified?*

6.2.1 Explain*

6.2.2 How are you managing these climate risks? Choose as many as are applicable.*

6.2.2 Explain*

6.2.3 Provide any additional comments or context on your climate risks:*

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*

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

In 2023 Scope 1&2 emissions were reduced by 14% compared to our 2021 baseline. We observed a slight increase in energy consumption in 2023 compared to 2022 (in 2022 Scope 1&2 were reduced by 15% compared to our 2021 baseline) due to an exceptionally productive year. Our IR* was reduced from 10.7 in 2021 to 6.3 in 2023. *IR = Intensity Ratio; tonnes of CO2e (Scope 1 + Scope 2) per total £m turnover

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 1 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, Limited influence over suppliers

Specify other challenges*

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

1.1 Reporting year*

2023

1.1.1 Reporting period*

from 1.2023 to 12.2023

1.2 Describe your business activities*

Manufacture of optical precision instruments

1.4 Number of employees in the reporting year*

168

1.4.1 Full-time equivalent (FTE) or headcounts*

Headcounts

1.5 Let us know if your company is a parent company or subsidiary*

Subsidiary

2.1 Net zero target year*

2040

2.1.1 Base year*

2021

2.2 Near-term target*

50% of intensity scope 1+2 emission reduction from my base year by 2030

50% of absolute scope 1+2 emission reduction from my base year by 2030

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

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*

743633 kwh

3.3 Renewable energy*

190637 kwh

Scope 1 emissions

3.4 Scope 1 emissions*

89.4 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions*

80.6 metric tons CO2e

3.6 Market based scope 2 emissions*

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

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

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

Yes

4.1.1 Total scope 3 emissions*

485 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services*

4.1.3 Capital goods*

4.1.4 Fuel and energy related activities*

4.1.5 Transportation and distribution (upstream)*

4.1.6 Waste in operations*

3 metric tons CO2e

4.1.7 Business travel*

165 metric tons CO2e

4.1.8 Employee commuting*

170 metric tons CO2e

4.1.9 Leased assets (upstream)*

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)*

89 metric tons CO2e

4.1.11 Processing of sold products*

4.1.12 Use of sold products*

4.1.13 End-of-life treatment of products*

4.1.14 Leased assets (downstream)*

52 metric tons CO2e

4.1.15 Franchises*

4.1.16 Investments*

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

Yes

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*

4.2.1 What percentage of your suppliers have you asked?*

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.*

5.1 Do you classify any of your existing goods and/or services as a climate solution?*

5.2 What percentage of your total revenue comes from sales of climate solutions?*

5.3 Provide descriptions/names of your climate solutions:*

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.*

6.1 Explain*

6.1.1 Please describe their position and responsibility.*

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*

6.2 Have you started to identify and assess your companies climate risks and opportunities?*

6.2.1 Where are the climate risks you've identified?*

6.2.1 Explain*

6.2.2 How are you managing these climate risks? Choose as many as are applicable.*

6.2.2 Explain*

6.2.3 Provide any additional comments or context on your climate risks:*

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*

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

7.2 Do you face any key challenges in reducing emissions?*

Specify other challenges*

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

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Edinburgh Instruments Ltd's Climate Report

Energy consumption

Scope 1 emissions

Scope 2 emissions

Scope 3 emissions

Supply chain related - upstream emissions

Customer related - downstream emissions

Edinburgh Instruments Ltd's Climate Report

Edinburgh Instruments Ltd's Climate Report - 2022

Energy consumption

Scope 1 emissions

Scope 2 emissions

Scope 3 emissions

Supply chain related - upstream emissions

Customer related - downstream emissions

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Prêt à vous engager pour réduire les émissions ?

Redo att åta sig att minska utsläppen?

Pronto para se comprometer com a redução das emissões?

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