Measure: carbon accounting

Consumers are willing to pay more for sustainable products and services. By showing the steps you’re taking to reduce your emissions, you could:

• Bring in new customers and build loyalty.
• Engage and inspire your customers.
• Generate positive feelings about your organisation.
• Potentially contribute to a growth in sales and market share.

Investors are looking at the financial risks and opportunities that come with transitioning to a low-carbon economy.  

Some investors are more likely to consider investing in companies that show a commitment to sustainability. Many believe that investing in environmental, social and corporate governance (ESG) can generate returns that are equal to or higher than the alternatives. 

Your stakeholders and investors will be looking at your progress towards net zero, and your organisation could thrive because of your carbon reduction efforts. 

Potential and current employees will be asking more questions about your environmental commitments.  

• According to a recent a recent pwc survey, 65% of job seekers believe that a company’s stance on sustainability is important when deciding where to work. 

• In a different report, 58% of employees are considering leaving a job because the company’s values don’t align with their own. 

Having a net zero plan will help you attract and keep the best talent. 

Streamlined Energy and Carbon Reporting (SECR) 

SERC regulations came into effect on 1 April 2019. These regulations affect: 

• All UK quoted companies/incorporated companies listed on the main market of the London Stock Exchange.  
• Large unquoted companies incorporated in the UK, which must prepare a Directors’ Report under Part 15 of the Companies Act 2006, and limited liability partnerships. 

All other companies are encouraged to report similarly, but this is voluntary. 

Task Force on Climate-related Financial Disclosures (TCFD) and ISSB standards

Financial markets need to price risk to help make informed and efficient capital-allocation decisions.

To do this, they need companies to share accurate information quickly.

The TCFD was created to develop recommendations on the types of information that companies should disclose to support investors, lenders and insurance underwriters in assessing pricing risks related to climate change.

The TCFD taskforce has now been disbanded, and TCFD disclosures will now be monitored by the International Financial Stability Board (IFRS). TCFD recommendations can now be met by complying with the new IFRS S1 and S2 standards.

Read about the incorporation of TCFD recommendations into IFRS standards.

We use a calculator to determine the amount of work required and provide a quote that matches your needs.

For the first year, pricing starts at £4,500 for organisations:

• With fewer than 100 employees and one building.
• With a small fleet of fewer than ten vehicles.
• Not creating physical products.
• Without investments.
• Without bespoke standard or reporting requirements.
• Based in the UK.
• Working in English.

Pricing for subsequent years will most likely be lower than year one, where the criteria remain the same. We’re happy to discuss your three, five or ten year net zero transition plans with you.

Factors that will influence the price include:

• Number of employees in your organisation.
• Number of buildings and building types.
• If you already have a centralised system to store data.
• The type and size of your fleet.
• Whether you produce physical products or deliver software services.
• The status of your subsidiaries and investments.
• If your organisation is based in the UK and uses the English language.
• Your reporting and standard requirements. We mostly work to meet the Greenhouse Gas Protocol standard, but we can work with any sector specific or additional standards you are planning to meet.
• Your business type: NGO, charity, public sector or commercial.