Carbon Reduction Plan
Supplier name: Thesis Technology Products Ltd
Publication date: October 2023
1.Commitment to achieving Net Zero
Thesis Technology Products Ltd. is committed to achieving Net Zero emissions by 2050.
2.Baseline Emissions Footprint
Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reduction can be measured. This Carbon Reduction plan (CRP) is the baseline year 2022/23.
Baseline year: 2022/23
Additional details relating to the baseline emissions calculations:
Our organisation has not previously assessed or reported emissions. The first reporting period is our baseline.
The following Scope 3 emissions were measured:
-
Employee business travel
-
Employee commuting
-
Freighting emissions
-
Manufacturing
-
Waste disposal
-
Water usage
-
Purchased goods and services
-
Baseline year emissions:
EMISSIONS
TOTAL (tCO2e)
Scope 1
2.31 tCO2e
Scope 2
10.96 tCO2e
Scope 3
258.14 tCO2e
Total Emissions
271.41 tCO2e
3.Current Emissions Reporting
Reporting year: 2022/23
EMISSIONS
TOTAL (tCO2e)
Scope 1
2.31 tCO2e
Scope 2
10.96 tCO2e
Scope 3
258.14 tCO2e
Total Emissions
271.41 tCO2e
This equates to a Carbon Intensity per employee of 8.10 tCO2e based upon 33.19 FTE employees during the measurement period.
4.Emissions reduction targets
In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets:
A reduction of 7 tCO2e by 2023/24. This is a reduction of 2.6%.
We project that carbon emissions will decrease over the next five years to 253.89 tCO2e. This is a reduction of 6.45%.
5.Carbon Reduction Projects
Completed Carbon Reduction Initiatives:
Activity
Commitment to measuring the carbon footprint of business activities annually in order to make efficient and direct improvements to reduce carbon emissions.
Completion date
2023
Scope
1,2,3
Activity
LED lighting introduced in manufacturing and office areas. We actively encourage the use of natural light.
Completion date
2023
Scope
2
Activity
Printer cartridge recycling (via postal schemes and local recycling centres.
Completion date
2023
Scope
3
Activity
Double sided printing where possible to reduce paper usage.
Completion date
2022
Scope
3
Activity
Procurement of a cardboard only recycling bin and a separate bin for mixed dry recycling.
Completion date
2023
Scope
3
Activity
Installation of a food compost bin for employee food waste
Completion date
2023
Scope
3
Activity
Changes made to product packaging to biodegradable poly bags and cardboard inserts.
2023
Scope
3
Activity
Cycle to Work scheme offered to all employees to encourage less car usage.
Completion date
2022
Scope
3
Activity
Changes to sales strategy to reduce business travel.
Completion date
2023
Scope
3
6.Future Carbon Reduction Plans
Future Carbon Reduction measures planned to 2030:
Carbon Reduction Plans:
Activity
ISO14001 certification – documents submitted for initial assessment
Target date
2024
Scope
1,2,3
Activity
Installation of Solar PV panels with battery back up
Target date
2026
Scope
2
Activity
Insulate external walls to reduce heat loss
Target date
2026
Scope
1,2
Activity
Replace company diesel vehicles with electric vehicles.
Target date
2028
Scope
1
Activity
Actively encourage more car share arrangements with suitable staff incentives.
Target date
2025
Scope
3
Activity
Installation of EV charging point for company-owned and employee-owned vehicles
Target date
2026
Scope
1,3
Activity
Investigate alternatives to PVC for manufacture of our main product
Target date
2030
Scope
3
Activity
Reduce frequency of raw material deliveries to monthly instead of fortnightly
Target date
2024
Scope
3
Activity
Switch to a green energy supplier
Target date
2026
Scope
2
7.Declaration and Sign Off
This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standard for Carbon Reduction Plans.
Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard[1] and uses the appropriate Government emission conversion factors for greenhouse gas company reporting[2].
Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard[3].
This Carbon Reduction Plan has been reviewed and signed off by the Thesis Technology board of directors.
[1]https://ghgprotocol.org/corporate-standard
[2]https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting
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