Last week in Streamlined Energy and Carbon Reporting – Your obligations we gave you an overview in terms of your obligations and what your organisation is required to report on, whether you are quoted or unquoted. This week we are going to talk about intensity ratios.
Intensity Ratios are a way of comparing carbon emissions within different sectors and over time.
It is up to the organisation to choose a useful intensity ratio that enables useful comparisons to other similar organisations, as well as comparing to the organisation’s previous reporting year.
For example, useful intensity ratio could be:
• Beverages: gCO2e/litre of beverage produced
• Retail: tCO2e/m2 of floor space
• Financial: tCO2e/£m sales revenue
The government sees the nature of information being publicly available as a motivator in helping companies to get more involved in reducing their emissions, because similar organisations will be compared by the general public and, maybe more importantly, investors through these metrics.
It is important that your SECR intensity ratios are reported in context. For example, if you secure a new business contract and so double your turnover while your energy usage and emissions remain the same, it will give the impression of hugely improved energy efficiency. To this end, in many cases it may be useful to report on more than one Intensity Ratio and Swan Energy would recommend using a financial metric as well as a tailored ratio (such as tCO2/tonne of production output) to give a more complete picture.
Please call us on 01484 843867 or email joe.youldon@swanenergy.co.uk if you need help with Streamlined Energy and Carbon Reporting.
NEXT WEEK >>
We will talk to you about Streamlined Energy and Carbon Reporting – Energy Efficient Actions.
PAST WEEKS >>
Streamlined Energy and Carbon Reporting – What is the big deal?
