Background
This Policy and the associated Plan confirms our commitment to reducing our emissions to achieve Net Zero emissions by 2050.
The Carbon Reduction Plan is updated regularly (and at least annually) and is published and clearly signposted on our UK website. It has been approved by our Chief Executive Officer who is the most senior director within our organisation. This demonstrated our clear commitment to emissions reduction at the highest level. The key objectives of the Carbon Reduction Plan have been adopted within our strategic plans for our business.
Overall commitment to achieving Net Zero
PHS Home Solutions Limited is committed to achieving Net Zero emissions by 2050.
Emissions reduction targets
To continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets:
We set out our corporate carbon ambitions, goals and initiatives as part of our strategy. Sustainability is key to this as the key to creating living spaces for generations to come. As part of the overall Net Zero strategy by 2050, carbon neutrality must come as the first milestone and stage via a establishing a wide range of initiatives within PHS.
We have a Carbon Reduction plan which facilitates this and moves us towards neutrality before we can achieve the ultimate goal of zero carbon. Our goals are set out in our plan which include the following initiatives:
1. Obtain ISO 14001 accreditation, then maintain this annually going forward
2. Encourage our landlords to purchase 100% renewable electricity for all properties we rent (we do not own any buildings)
3. Encourage our landlords to fit Solar Photovoltaics at our rented offices
4. Revise our Fleet Policy, targeting field managers to use hybrid vehicles
5. Conduct a series of Full EV trials for field-based engineers
6. Encourage landlords to fit LED lighting at the buildings we rent
7. Consider offsetting via buying forestry emissions, funding Tree planting
8. Provide Funding to charities via financial donations or support or time contributions from employees for charities such as Fareshare
9. Intensify driver behavioural management via existing software to reduce emissions
10. Encourage landlords to install Motion sensor lighting at the offices we rent
11. Make a Zero landfill pledge on field waste, monitor our waste management partners, encouraging recycling opportunities are maximised 12. Create SECR Report for 2023, quantifying carbon emissions by Scope to establish baseline
13. Develop carbon reduction initiatives on each Scope element 14. Engage with our own supply chain on their carbon reduction plans
15. Create and encourage employee specific goals such as own personal behaviours
16. Conduct an annual journey-to-work survey.
Emission Reduction Monitoring Plan: Streamlined Energy and Carbon Reporting (SECR)
In line with current UK legislation (The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018), we will establish emissions in 2023 as our baseline reporting year.
Reporting Threshold
In 2023, PHS is likely to exceed the threshold which for an unquoted large company, as we are defined as ‘large’ if we meet at least two of the following three criteria in a reporting year:
Reporting output
PHS will need to report, as a minimum, UK energy use from electricity, gas and transport fuel – as well as the associated GHG emissions – including at least one intensity metric. Transport energy should include business usage where we are supplied with the transport fuel, but not journeys where the fuel is paid for indirectly. For example, fuel consumed for business use in company cars, fleet and private/hire cars (including where employees are reimbursed for business mileage) and on-site vehicles are included. But this does not include fuel associated with air, rail or taxi journeys that the company does not operate, or fuel for the transportation of goods contracted to a third party.
The Intensity metric ratio we will use will be financial turnover.
In our SECR, we will provide a narrative on energy efficiency measures we have carried out and our initiatives and plans. The methodology we will use will set out emissions by scope. We will then track and monitor emissions by each Scope with the aim of reducing emission for each. We will track each subset of carbon emissions. This will enable us to provide year-on-year reporting and track our progress to Net Zero by 2050.
We will update our progress each financial year after the base year to illustrate our progress against our targets.
As 2023 is the first year that PHS has completed a Carbon Reduction Plan, Scope 3 subset emission data is not available. From this point onwards we will develop a robust, clear and consistent reporting methodology for subset Scope 3 emissions and will report fully in our pathway to net zero.
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