Carbon Reduction Plan

 

Carbon Reduction Plan

Commitment to achieving Net Zero

Veritas Education Group Holdings Ltd is committed to achieving net zero emissions by 2050.

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: 2021

We have used baseline reporting figures for 2021 as this is the first year that we have access to an entire

year’s data. This is due to Covid 19 and staff working from home for the majority of 2020 to 2021 which

does not give an accurate reflection of typical energy usage.

We may look to engage an external Consultant and work with them to design a mechanism for effectively

capturing and recording data as we advance. This should provide key target areas for cutting emissions.

As far as possible we will base our calculations and decisions on actual data rather than assumptions and

average data methods to ensure accurate target setting.

Scope 3 currently includes employee commuting. This may also include IT purchases.

Baseline year emissions:

EMISSIONS

TOTAL (tCO2e)

Scope 1

8.0

Scope 2

5.0

Scope 3

(Included Sources)

2.2

Total Emissions

15.2

Current Emissions Reporting

Reporting Year: 2022

EMISSIONS

TOTAL (tCO2e)

Scope 1 to 3

As baseline figures are dated 2021, current reporting figures are

not yet available. These will be provided once an external

consultant has been engaged.

 

Emissions reduction targets

To progress to achieving Net Zero, we have adopted the following carbon reduction targets.

Reduce energy usage over the next 5 to 10 years by 5% through increased staff awareness, homeworking, LED lighting replacement and switching and lights off when not in use/overnight.

Reduce scope 3 emissions by 5% though increased home working, remote delivery, use of other forms of transport, public transport, car share, electric vehicles.

Investigate a staff salary sacrifice scheme to encourage transition to electric vehicle usage.

 

We project that carbon emissions will decrease over the next five years to 12 tCO2e by 2027. This is a reduction of 22%.

 

Carbon Reduction Projects

Completed Carbon Reduction Initiatives

The following environmental management measures and projects have been completed or implemented.

  • Generated waste is recycled to reduce landfill where possible
  • Our landlords are looking into replacing fluorescent light fittings in our offices and replacing with LED fittings
  • We have introduced and will continue to use online platforms for meetings to significantly reduce business travel
  • Increased home working for teams – reducing emissions caused by commuting to work
  • Car sharing and use of public transport is encouraged
  • Use of online resources instead of printed materials wherever possible
  • Minimising the use of our printer to reduce paper generation and wastage
  • Introduction of virtual training solutions to reduce waste materials and business travel
  • We are currently looking into donating to a company or school who plant trees as this is a great way to help isolate carbon emissions
  • Promoting a paperless office
  • Encouraging single use cups for drinking

 

In the future we hope to implement further measures such as:

  • Ensuring all lighting in offices is LED – including new premises
  • Installation of electric charging points if we decide to buy an office for staff who already operate an electric vehicle
  • Exploring the introduction of a salary sacrifice electric vehicle scheme to support employees to access electric vehicle more cost effectively and support staff to reduce their own carbon emissions

 

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 by the board of directors (or equivalent management body).

 

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