Supplier name: NIAXO Ltd
Publication date: 01 November 2023
Commitment to achieving Net Zero
NIAXO Ltd is committed to achieving Net Zero emissions by 2026. We commit to measuring, minimising and offsetting our emissions with an aim to becoming carbon negative within the next 3 years.
Carbon Reduction Programme
Step 1 – Setting up the Carbon Reduction Team:
The Carbon Reduction Team (CRT) is established and will be responsible for carbon reduction programme. It comprises a director with senior level commitment, a sustainability champion and operational team members to oversee the development and delivery of the programme.
Step 2 – Calculating the organisation’s carbon emissions baseline: This has been calculated for the baseline year Sept 2020-October 2021 (operating year). It includes estimations based on the activities undertaken by the directors and the procurement of good and services. It should be noted that the estimates include the transportation and distribution of purchased goods but are limited by the current lack of Environmental Product Declarations (PAS2050) for their production.
Step 3 – Identifying opportunities for emissions reduction, appraising options in terms of investment costs, payback and carbon savings:
The carbon reduction target is set to achieve 100% within a 5-year period with an overall aim of achieving net zero by the end of our third operating year and being carbon negative through minimising carbon emissions and carbon offsetting actions.
Step 4 – Pulling together a practical action plan: This stage involves the drafting of the Carbon Reduction Plan (CRP). The CRP will be a strategy for saving carbon. It will continually be updated and modified as new projects and initiatives emerge and baseline data is clarified and updated.
Step 5 – Implementation: This will entail a process of implementing projects, monitoring and review and action in these or additional areas. This CRP sets out how the company intends to take the programme forward into the next phase of implementation and embed a low carbon culture within the company and with its suppliers.
We will communicate our successes and shortcomings along the way. The strategy and plan will be adjusted accordingly to ensure that any rise in emissions is met with an even bigger rise in our reduction efforts.
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.
| Baseline Year: 1 Oct 2020 to 30 Sept 2021 | |
| Additional Details relating to the Baseline Emissions calculations. | |
| As a company established to work entirely remotely, we do not own or operate buildings and facilities nor plant and vehicles and therefore do not contribute emissions that fall under scope 1 and scope 2 of the GHG Protocol. Our baseline emissions are based on those processes and activities that fall within the subset of scope 3 emissions. | |
| Baseline year emissions: | |
| EMISSIONS | TOTAL (tCO2e) |
| Scope 1 | None |
| Scope 2 | None |
| Scope 3 (Included Sources) | 12.71 |
| Total Emissions | 12.71 |
Current Emissions Reporting
| Reporting Year: First year of reporting [Oct 22 to Sept 23] | |
| EMISSIONS | TOTAL (tCO2e) |
| Scope 1 | None |
| Scope 2 | None |
| Scope 3 (Included Sources) | 2.65 |
| Total Emissions | 2.65 |
Emissions reduction targets
In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.
We project that carbon emissions will decrease over the next five years to 0 tCO2e by 2026. This is a reduction of 100%
NIAXO is implementing a strategy to understand and track its scope 3 emissions which are the primary contributors to its carbon footprint. Procurement policies will be put into place to ensure we are aware of the impact of our suppliers and as such decisions will be made from a more informed position.
Carbon Reduction Projects
Completed Carbon Reduction Initiatives
The following environmental management measures and projects are being implemented.
Programme Management – Robust project management processes will be applied to the carbon reduction programme to ensure processes are in place to capture and make accurate records of carbon contributing activities.
Responsibility – It will be made clear that saving carbon is everyone’s job. Carbon Reduction should be included in the accountabilities of managers and the operation of their teams. Carbon Reduction should feature as part of all job descriptions. Advice should be available to all staff and contractors via carbon champions.
Data Reduction – Quarterly reviews of all carbon data sets should be put in place and where possible the data should be capable of being externally verified. Internal data systems should be reviewed on a regular basis and adjusted/updated where required in order to provide a robust mechanism for managing carbon data. Progress will be reported to the Carbon Reduction Team meetings. A report will be prepared annually covering progress against the plan and will be published on the company’s website. Data collection/monitoring procedures are not yet established and a system will be explored for implementing routine data collation.
Communication and Training – Both internal and external communications will take place around carbon reduction to ensure everyone is aware, to help deliver the message and reinforce best practice. All staff and contractors should be given some level of formalised training and new starters should receive information through the staff induction programme. Awareness should be tested through feedback mechanisms.
Company policies
Low Carbon transport – Wherever possible the use of sustainable modes of transport or public transport will be encouraged in preference to the use of private vehicles. Any contract for hire car provision by suppliers will require that cars do not exceed 120g/CO2 per km. Prospective suppliers must demonstrate that this specification can be provided. The supplier will also be required to provide annual emissions audits for the hire vehicles for our collation.
Procurement -The company’s Procurement Strategy will be reviewed. There is significant carbon reduction potential through PAS 2050 methodology which assesses the carbon impact of goods and services. Application of this in the review of the procurement strategy is important to enable sustainable and low carbon procurement to become embedded in procurement decision making across the company. The carbon reduction team will work to deliver carbon savings from procurement in a cost-effective way.
Mitigating Ecological damage – The company will seek to support local and community level networks, such as Local Nature Partnerships (LNP), to protect or enhance local environments for the benefit of communities, ensure sustainable land use and management and get involved in the Green Economy. LNPs and potential projects will be identified for support funding.
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 on behalf of the board of directors.
Signed:
………………………………………………………………….
Alain Hawes
Director
NIAXO Ltd
Date: 01 Nov 2023
[1] https://ghgprotocol.org/corporate-standard
[2] https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting