Carbon Reduction Plan

Utilidex’s Carbon Reduction Plan

Utilidex is an SME with approximately 30 employees across the United Kingdom and India and have strong carbon credentials.  

We are an energy software company (SaaS) that provide carbon foot-printing for scope 2 emissions for approximately 110,000 gas and power meters in the UK. Our software, The Energy.Hub, is used to measure energy and carbon intensity per building size (square ft.) and monitor vacant energy per usage and cost. Our product is also used for energy trading including the application of Renewable Energy Guarantees of Origin (REGO) and the importation of these volumes and rates into the billing platform. Lastly, The Energy.Hub can create renewable energy statements and bills. 

Utilidex is a member of the Tech Net Zero. Tech Zero is a group for tech companies committed to climate action. Tech Zero was started in the UK by a group of leading tech companies. It constitutes companies of all sizes from around the world making the pledge to Net Zero commitments and taking action to reduce their emissions. 

Utilidex’s goal is to reach our net carbon zero goal by 2030. This includes both scope 1 and 2 emissions as well as scope 3 where our suppliers will apply environmental measures to reduce their carbon footprint too. This goal has the full support of the owners and Directors at Utilidex. 

Scope 1 and 2 Emissions

Our current status is that we do not incur scope 1 emissions, but we do incur scope 2 emissions principally from the offices we work out of. 

Currently the majority of our employees work from home on a day-to-day basis. 

In the UK we work at a shared office space on L39, 1 Canada Square, this building has been supplied by green power since 2012 and is owned by The Canary Wharf Group who have the identical aim to be net zero by 2030 and move from a band rating of D to B within this time horizon. We have on average an occupancy of 4.5 people per day in the office during the work week. 

Currently we have one office in India which like the UK office is a shared space and have an average occupancy of 6 people per day in the office during the work week. Here we are yet to understand the net carbon zero goal so we will review the status as part of our CRP and look for an opportunity reduce our scope 2 emissions and meet our zero-carbon target. We have made the working assumption for now that carbon emissions per employee is the equivalent to that in the UK. 

Scope 3 Emissions

Utilidex incurs transport emissions for its staff getting to and from work. In the UK we are based in London and our employees use public transport to reach work and home. Whilst we offer remote working from home (WFH) to all team members, some choose to work from the office daily and incur transport emissions. For those working from home we will look to review the carbon footprint incurred. If they live in non-rented accommodation, we review if they have green energy supply and if we can support the process to move to clean energy.  

Where possible we encourage walking or taking local transport electric bus or rail for those located nearby. Part of our plan will review this aspect of carbon either exploring offsets or reviewing the carbon footprint of public transport. Currently, TFL do not publish the carbon footprint per mile of the average commuter, but we will review with any changes to apply an appropriate offset. With regards to business travel including travelling to Northwest Europe and Scotland it is the company’s policy to encourage rail travel. 

We believe our average employee incurs between 8 and 10 tonnes of a carbon per year, the equivalent could be offset for a fee of £12 a month. We will explore if there are carbon reduction opportunities which Utilidex can assist with that reduces our employees carbon footprint. 

Scope 3 Supply Chain 

Our principal supplier is Microsoft who have made a commitment to negative carbon emissions by 2030. We also have approximately 8 additional suppliers ranging from Aviva, Google to external consultants supporting info security and auditing. From 2023 we will review their respective carbon footprints to understand their CRP.   

The table below outlines the current annual carbon emissions for UK and India employees. 

 

Emission Type  No. of Employees Impacted  Annual CO2 Equivalent 
Scope 1  0  0 
Scope 2  10.5 office workers + business travel  60 tonnes (India carbon footprint is estimated) 
Scope 3  Work from home/ travel to work and average employee carbon footprint including lifestyle/meals/ domestic energy supply etc.   270 tonnes (30 staff) 

 

Scope 3 Our Plan for 2022 – 2023 

In 2022-23 we will undertake a deeper audit of our current carbon footprint and identify any quick wins. 

Emission Type  No. of Employees impacted  Remediation 
Scope 1  NA   
Scope 2  
  1. Review carbon footprint for the India office 
  2. Assess UK carbon footprint and understand more precisely where carbon footprint is incurred 
Create an action plan to reduce carbon emissions for “business as usual” activities 
Scope 3  
  1. Review latest statistics on transportation carbon footprint and work from home to precisely assign carbon footprint per employee 
  2. Review and mandate CRP for supply chain 
Collect data and review options to offset or reduce carbon footprint for scope 3

 

Our Plan Beyond 2023 

It appears that if we remain at our Canary Wharf office and continue to utilise Microsoft as a supplier, a large part of scope 2 and our supply chain will be carbon zero or negative by 2030. That said there are other aspects which we should review alongside basic carbon offsetting, and we are also conscious that as we grow so might our carbon footprint and supply chain. So as part of our commitment in 2023 and beyond we will start investing in direct carbon footprint reduction and measure these improvements by employee year on year. 

Declaration 

Declaration and Sign Off of 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 (greenhouse gases) Reporting Protocol. 

Utilidex Directors 

Date: 15th January 2022