Carbon reduction plan

Published: September 2022

Commitment to achieving Net Zero

Verse Solutions is committed to achieving Net Zero emissions by 2025.

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: 17th September 2020 to 28th February 2021 (Financial year)

Additional details relating to the baseline emissions calculations

We have made a comprehensive audit of the included scope emissions from this baseline year in order to get a full impression of business as usual. Our projections are based on growth of the business which are reflected in our Business-As-Usual CO2e emissions. We have made these calculations based on our Operational Control over our emissions.

Baseline year emissions:

EMISSIONS

TOTAL (tCO2e)

Scope 1

2.2

Scope 2

1.4

Scope 3

7.0

This includes the following sources which are within the inclusion categories for Scope 3:

Waste Generated in Operations
Business Travel
Employee Commuting

All other categories were identified as not applicable.

Total emissions

10.7 (tCO2e)

Emissions reduction targets

In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.

We project that carbon emissions will decrease over the next two years to 0tCO₂e by 2024. This is a reduction of 100%

Carbon reduction projects

To date we have maximised the home working potential of our staff thus minimising travel impacts and inefficient use of rented office space.

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

Encourage efficient home working practices (e.g. temperature settings)
Company-sponsored/supported home improvement programme
Renewable energy buyers’ club
Green commute to work schemes
Policies on business travel (reduce car usage, use public transport)
Waste stream improvement guidance, programmes including food purchase

We also anticipate these changes in UK industry and domestic assets which will help us to reduce our carbon footprint:

Improvements in public transport
Improvements in municipal waste management systems
Decarbonisation of domestic gas boilers to heat pumps

Furthermore in future we aim to improve our carbon emissions monitoring and to undertake a full carbon footprint.

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 and uses the appropriate Government emission conversion factors for greenhouse gas company reporting.

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.

This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).

26th August 2022