Commitment to achieving Net Zero
Kin + Carta 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 Years:
Scope 1 and 2: 2020
Scope 3: 2022
Additional details relating to the baseline emissions calculations: Kin + Carta records carbon emissions on a fiscal rather than a calendar year. Our fiscal year ends on July 31st. FY 2022 was the first year of recording Scope 3 emissions.
Baseline year emissions:
Emissions | Total (tCO2e) |
---|---|
Scope 1 (2020) | 77 |
Scope 2 (2020) | 245 |
Scope 3 (2022) Included sources | 222 |
Total emissions | 544 |
Current Emissions Reporting
Reporting Year: FY22
Emissions | Total (tCO2e) |
---|---|
Scope 1 | 68 |
Scope 2 | 124 |
Scope 3* | 829 |
Total emissions | 1021 |
*Included categories; purchased goods and services, upstream transportation and distribution, and business travel.
Emissions reduction targets
In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.
We project that Scope 1 and 2 carbon emissions will decrease over the next four years to 225 tCO2e by FY26. This is a reduction of 30% on our FY20 baseline year.
Carbon Reduction Projects
Carbon Reduction Initiatives
In the year, measures to reduce carbon included:
- Moving internal data centres to sustainable cloud partners
- Continuously running optimisations for cloud size efficiency
- Transitioning towards hybrid flexible working resulting in reduced commuting.
In the future we hope to implement further measures such as:
- Improving corporate travel management
- Continuously reviewing operational efficiencies in offices such as adjustments in heating, ventilation and air conditioning ("HVAC") settings.
- Procuring renewable energy tariffs in territories where this is technically possible and where Kin + Carta directly control procurement.
Declaration and Sign Off
This Carbon Reduction Plan has been completed in accordance with UK government procurement policy note 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 standard¹ and uses the appropriate Government emission conversion factors for greenhouse gas company reporting².
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) Standard³.
This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).
Signed on behalf of the Supplier:
Jennifer Crowley
Global Director of Responsible Business
September 2022
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1. https://ghgprotocol.org/corporate-standard
2. https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting
3. https://ghgprotocol.org/standards/scope-3-standard