The Streamlined Energy and Carbon Reporting (SECR) framework makes it mandatory for organizations to include their energy use and carbon emissions data in annual reports. This requirement applies to all quoted companies of any size, large unquoted UK-incorporated companies, and large limited liability partnerships (LLPs). Knowing about SECR obligations matters both for regulatory compliance and environmental stewardship.
The GHG Protocol Corporate Standard helps businesses and organizations measure and report greenhouse gas emissions in a standardized way. By providing reliable emissions data, companies can optimize operations, reduce costs, and effectively respond to evolving energy transition risks.
Decarbonization plans and the chance of the EU’s goal to reduce GHG emissions by 55% by 2030 are realistically not feasible. Progress in addressing climate change is significantly behind schedule. Recent data shows potential excess emissions of up to 29% in various European economic sectors, meaning we are falling significantly short of reduction targets.
EcoSkills, in collaboration with Environmental Horizons, has successfully completed two training sessions for the Saudi Electricity Company (SEC) in the Kingdom of Saudi Arabia on the topics of “Creating a GRI Standards ESG Report” and “Climate Change and measuring GHG emissions.”
The concept of scope 4 emissions goes beyond traditional carbon accounting methods, offering a more nuanced approach to assessing a company’s climate strategy. By quantifying avoided emissions, businesses can showcase their positive contributions to climate change mitigation and demonstrate their commitment to sustainable business practices.
