Our 2022 Carbon Reduction Plan
Carbon Reduction Plan FYE 31/12/2022 Publication date: 28/03/2023
Commitment to achieving Net Zero
V-M Orthotics Ltd first achieved Net Zero emissions in 2019 (according to the baseline emissions calculated at that point) and is committed to maintaining this status in future, taking into account all the requirements of PPN 06/21.
|Baseline Year: 2021
|Additional Details relating to the Baseline Emissions calculations.
|Scope 3 emissions reporting limited to waste generated in UK operations
|Baseline year emissions:
Latest Emissions Reporting
|Reporting Year: 2022
|Scope 3(Included Sources)
Emissions reduction targets
We have extended our original carbon reporting in 2022 and now include relevant Scope 3 emissions:
- Business travel
- Employee commuting
- Waste generated in operations
- Upstream transportation and distribution
- Downstream transportation and distribution
Although 2021 was in reality our baseline year, we will use the 2022 reported figures as our baseline for target setting and monitoring, as this provides us with a more accurate picture of our overall impact.
We will be moving to larger premises in 2024 and will be increasing our staff count as part of this process. Our sales are also increasing year on year, with a target of doubling 2020 sales by 2040. As a result, it would normally be expected that our emissions, particularly those relating to upstream and downstream distribution, would increase in line with these ambitions. It would be unrealistic to expect to be able to reduce all our emissions based on this projected growth, and therefore we will instead aim to implement measures to maintain overall emissions at levels no higher than the 2022 figures. At the same time, we will actively aim to reduce the emissions which are within our control.
This means that our actual carbon emissions will remain at no higher than 32.95 tC02e. We will continue to offset these emissions through funding tree planting with the Woodland Trust, so that trees are planted in the UK and maintained through their full lifespan. We will therefore continue to maintain our current net zero status.
We will also look at taking advantage of any other initiatives that will have a positive impact on our emissions reduction targets.
Carbon Reduction Projects
Completed and Ongoing Carbon Reduction Initiatives
- We have funded the planting of 35 trees since the 2021 baseline was calculated (two trees to offset our impact in 2021, and 33 to offset the 2022 calculated figure). This is based on the Woodland Trust’s estimate that one tree will offset one tonne of carbon during its lifespan. The carbon offsetting achieved by this scheme to date equates to 35
- We have reduced our energy consumption by 10% through purchasing more efficient heaters for our office and welfare facilities
- We purchase energy from 100% renewable sources
- We use technology wherever possible for meetings, training activities and so on, and ensure that car-sharing is in place wherever practical for business travel that is necessary for in-person meetings and events
- We will continue aim to reduce our carbon impact as far as possible and will offset all remaining carbon emissions while performing all our operations, including the delivery of publicly-funded contracts.
Future Carbon Reduction Initiatives
In order to try to reduce our emissions as far as possible, we will implement the following measures over the next five years:
- We will design our new office and welfare accommodation to be as energy efficient as possible – we will include details of how we will do this in our Carbon Reduction Plan for the year ending 31/12/2023
- We will aim to reduce the waste generated from our operations to 66 tonnes (a reduction of 10% on our 2022 figures)
- We will encourage staff to take advantage of the Cycle to Work Scheme to reduce the impact of daily commuting by car; we estimate that we can reduce this impact by 5% based on our 2022 figures
- We will increasingly aim to co-load goods from different suppliers based in China and other long-distance sources, in order to reduce the carbon impact of our freight shipping We will also order larger quantities of goods less frequently so that container capacity is utilised to the fullest extent possible, as we can manage the impacts of storage here in the UK more effectively than the indirect impacts associated with freight transport
- We will try to source suppliers closer to the UK to reduce the distance that our manufactured goods However, we recognise that we will have to balance this carefully against the potentially increased impacts associated with transporting goods from Europe (for example) by other means than long-distance ocean transport. We will ensure that wherever possible our upstream distribution is by rail and sea rather than road or air transport. This is not practical for downstream distribution at present, as almost 100% of our sales are UK-based.
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 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).