I-Next Limited Climate Report

The purpose of the report is to increase the understanding of what is driving the company’s greenhouse gas emissions, set targets to reduce these emissions, and ensure transparency and traceability on the journey towards net-zero.

Methodology

The emissions or greenhouse gas accounting is based on the Greenhouse Gas (GHG) Protocol’s corporate and value chain standards (ghgprotocol.org).

The GHG Protocol defines emissions in three scopes:

  • Scope 1 – The company's direct emissions from vehicles, combustion, processes, or leakages
  • Scope 2 – The company's indirect emissions from energy purchased and consumed (electricity, heating, cooling).
  • Scope 3 – Greenhouse gas emissions that occur upstream and downstream in the company's value chain, as a consequence of the company's operations. Examples of scope 3 emissions are purchased goods and services, transport, use and disposal of products, business travel and employee commuting.

Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration that different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc.) have different global warming factors.

Introduction *

reporting year

*

2022

number of employees in the reporting year

*

3

Commitment And Targets *

net zero target year

*

2030

Base year

*

2022

comment on your net zero targets

*

We have set 2030 for net zero because it is aggressive and we are a small organisation which can meet aggressive targets.

near-term scope 1 target

*

50

target year

*

2025

near-term scope 2 target

*

50

target year

*

2025

near-term scope 3 target

*

50

target year

*

2025

comment on your near-term targets

*

We believe we are on track for a halving of emissions by 2025, possibly earlier. As we implement a 100% renewable power policy for our services we reduced our scope 3 emissions which are our most signficant.

Own emissions *

scope 1 emissions

scope 1 emissions (metric tons co2e)

*

1

own facilities

*

0

own vehicles

*

0

own processes

*

1

metric tons CO2e

scope 2 emissions

scope 2 emissions (metric tons co2e)

*

11

total energy consumption (kwh)

*

1330

renewable energy

*

50

purchased electricity

*

1

metric tons CO2e

Renewable electricity (%)

50

purchased steam

*

0

Renewable electricity (%)

-

purchased heating

*

10

metric tons CO2e

Renewable electricity (%)

50

purchased cooling

*

0

Renewable electricity (%)

-

Comment on your energy consumption

*

We have very light direct electricity usage. Our heating usage is hindered by a split location, but we are exploring sustainable alternatives.

Value chain emissions *

scope 3 emissions

scope 3 emissions (metric tons co2e)

*

2.5

supply chain related - upstream emissions

purchased goods and services

*

2

metric tons CO2e

capital goods

*

0

fuel and energy related activities

*

0

transportation and distribution (upstream)

*

0.05

metric tons CO2e

waste in operations

*

0

business travel

*

0.45

metric tons CO2e

employee commuting

*

0

leased assets (upstream)

*

0

customer related - downstream emissions

transportation and distribution (downstream)

*

0

processing of sold products

*

0

use of sold products

*

0

end-of-life treatment of products

*

0

leased assets (downstream)

*

0

franchises

*

0

investments

*

0

If you have excluded or have not measured any relevant sources of value chain emissions, provide your estimate of the % of your total emissions that is represented by these sources.

*

-

List any sources of emissions excluded:

*

None

describe the calculation methodology and comment on accuracy:

*

Normative calculator.

Actions and plans to reduce emissions *

to reduce emissions in line with my commitment, my company has a plan and is taking action:

*

Yes

Scope 1 Actions

own facilities

Yes

We will continue our policy of using refurbished equipment where possible.

own vehicles

N/A

We have no vehicles

own processes

Yes

We will extend our policy shifting meetings and customer training online.

scope 2 actions

purchased electricity

Yes

We will encourage the team to move to renewable energy providers where they aren't already.

purchased steam

N/A

N/A

purchased heating

Yes

We will explore alternative heating methods. We have been experimenting with sustainably fuelled heating in one location.

purchased cooling

N/A

N/A

scope 3 actions

supply chain related (upstream)

purchased good and services

*

Yes

Our major purchase is data centre services. We have a programme in place to move to approved 100% reneawably powered data centres by the end of 2023.

capital goods

*

N/A

N/A

fuel and energy related activities

*

N/A

N/A

transportation and distribution (upstream)

*

N/A

N/A

waste in operation

*

N/A

N/A

business travel

*

Yes

We will continue to move as much buisness travel to online alternatives as possible.

employee commuting

*

Yes

We have no employee commuting at present and intend to continue that.

upstream leased assets

*

N/A

N/A

customer related (downstream)

transportation and distribution (downstream)

*

N/A

N/A

processing of sold products

*

N/A

N/A

use of sold products

*

N/A

N/A

end-of-life treatment of products

*

N/A

N/A

leased assets (downstream)

*

N/A

N/A

franchises

*

N/A

N/A

investments

*

N/A

N/A

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

*

Yes

percentage (%) of suppliers asked

*

80

percentage (%) of suppliers committed

*

40

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

*

Yes

percentage (%) of business customers asked

*

100

Percentage (%) of business customers committed

*

25

Climate Solutions *

Do you classify any of your existing goods and/or services as low carbon products or products that enable a third party to avoid GHG emissions in their value chain, here named “climate solutions”?

*

Yes

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

*

35

Provide descriptions/names of your climate solutions:

*

Service hosting powered by 100% renewably powered data centres

Methodology used to assess these as climate solutions:

*

When we made the climate commitment we looked at our scope 3 emissions as our primary scope. Our supply chain analysis showed that we didn't have a 100% renewably powered option for customers and so we set one up which accounts for the 35%. We have now committed to move all customers, at no cost to them, to 100% renewably powered systems.

Third party which has validated the assessment, if any:

*

Greenpixie website carbon claculator

How much of your research and development budget is allocated to climate solutions?

*

100

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

*

No

Management and strategy *

Is responsibility for climate strategy and action clearly allocated at executive & board level? If yes, describe how and to which positions.

*

Yes

In a small team, the MD has personal responsibility for climate strategy.

Is there board level oversight of climate action? If yes, describe how.

*

Yes

In a small team, the MD has personal responsibility for climate strategy.

Have you analyzed whether your strategy, business model and product/service portfolio are aligned with the latest climate science? if yes, explain if/how it fulfills this ambition or how it needs to be transformed.

*

Yes

We are committed to halving emissions by 2025 and net zero by 2030.

Do you identify, assess and manage climate risks? If yes, describe how.

*

No

Not yet, we are looking at what we can do.

Have you integrated climate and/or nature into your mission statement? If yes, describe how.

*

No

We don't really have a formal mission statement, but will consider this if we do.

Do you contribute to accelerating climate action in society e.g. by influencing peers, governments, employees, and/or aligning your membership in trade associations with your missions to halve emissions by 2030?

*

Yes

We publicise our commitment and will publish our reports. We also give updates on our website.

Results, challenges and outlook *

Comment on results:

*

This is our first year.

Do you face any key challenges in reducing emissions and/or scaling climate solutions? If yes, describe how.

*

Yes

We are small, there is very little low hanging fruit in terms of climate action.

What support would you need to tackle these challenges?

*

Education, support from Government and case studies from similar organisations.

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