UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
New Energy World
New Energy World embraces the whole energy industry as it connects and converges to address the decarbonisation challenge. It covers progress being made across the industry, from the dynamics under way to reduce emissions in oil and gas, through improvements to the efficiency of energy conversion and use, to cutting-edge initiatives in renewable and low carbon technologies.
Carbon emissions management for larger UK companies
20/4/2022
6 min read
Feature
Sustainability and carbon emission reduction is no longer optional for larger companies, but a requirement to stay afloat in today’s market. Darryl Mattocks, Chairman of the Enistic Group, explains the implications of new UK government energy and carbon regulation schemes.
The pressure on businesses to work more sustainably increases every day. Customers increasingly use sustainability in their supplier selection criteria. Stakeholders often demand action, and legislation does its best to keep up.
The UK government has introduced new energy and carbon regulation policies and schemes for large companies over the last decade, including the Streamlined Energy and Carbon Report (SECR), the Energy Savings and Opportunities Scheme (ESOS; for which the Energy Institute runs one of the biggest registers of qualified ESOS lead assessors), the Procurement Policy Notice 06/21 (PPN 06/21) and the Taskforce on Climate-related Financial Disclosures (TCFD).
This legislation is moving in the right direction, but is far from perfect. Since I started preaching this gospel of sustainability in 2006, companies that believed in the message but (unfortunately) didn’t have budget allocated for it, now have no choice but to do it. They must understand their carbon footprint and be able to discuss reduction strategies at board level.