The alternative is to face increased taxes, pay penalties or even worse, to lose orders and revenue.
M&C supports all aspects of environmental reporting and compliance, while helping to identify, evaluate and implement environmental efficiency and improvement projects through the delivery of the following services:
Climate Change Levy (CCL)
Managed incorrectly, environmental taxation can be a costly expense. The Climate Change Levy (CCL) currently operates as the main environmental taxation scheme in the UK, placing a tax on the energy consumption of all organisations and can be extremely expensive for energy intensive companies. However, a rebate of up to 65% is available for organisations able to achieve a Climate Change Agreement (CCA) with governing body DECC.
The European Union Emissions Trading Scheme (EUETS) is the world’s first international trading scheme for carbon dioxide emissions. The Scheme places a limit on the amount of carbon emissions large industries are allowed to emit into the atmosphere, with businesses that emit more than their limit required to buy ‘allowances’ for their extra emissions. M&C Energy Group is ideally placed to manage all of our clients’ needs relating to the EU Emission Trading Scheme:
CRC Energy Efficiency Scheme
The CRC has huge financial and administrative implications on around 5000 of the UK's top organisations. We believe it is therefore essential that any organisation required to participate in the scheme is fully aware of the implications of the legislation and how to achieve the most from it.
Our CRC Service breaks down into 3 core areas:
The introduction of the EU Emissions Trading Scheme in 2005 and the creation of a market for the mandatory trading of carbon credits as part of the Kyoto Protocol firmly established carbon as a new tradable commodity. In 2009 alone, global markets exchanged over 8bn tonnes of carbon dioxide equivalent, with a total value of over £70bn.
M&C Energy Group is a fully accredited Emissions trader and expert in carbon and energy risk management, enabling us to trade emissions and assist with compliance with schemes such as those listed above.
Driven by a need to enhance brand perception, by legislative changes and by the very real benefits of cost optimisation, many organisations are becoming more aware of the environmental impact of their supply chains. In the private sector, many organisations are now voluntarily disclosing Carbon emissions.
The driving forces behind this are threefold:
In order to meet these challenges a robust and comprehensive carbon and sustainability structure is required for organisations to effectively communicate with both internal and external stake holders.
Reporting initiatives that M&C can support clients with typically breakdown into two core areas:
Many private sector organisations are now voluntarily disclosing data to initiatives such as the Carbon Disclosure Project (CDP) and other tracking mechanisms such as the Dow Jones Sustainability Index and the FTSE4Good.
In terms of carbon emissions, the accepted global standard of the Greenhouse Gas (GHG) Protocol identifies emissions attributable to an organisation, categorising emissions into three areas or Scopes (Scopes 1, 2 & 3). With the calculation and reporting of Scope 3 emissions (predominantly supply chain/product service use) presenting a major challenge to many organisations, M&C Energy Group feels we have the answer.
We use an established methodology based upon academic research from the leading players in this field to determine a full scope (Scopes 1, 2 & 3) carbon footprint for your organisation and undertake all of the reporting and performance challenges through our advanced systems with the support of our expert teams.
M&C Energy Group recognises that the first stage of any active Carbon Management Strategy is accurate measurement: ‘if you don’t measure it, you can’t manage it’. This is particularly true of carbon and there are number of ways to measure and report what is now popularly known as a Carbon Footprint.
A Carbon Footprint is simply the total amount of greenhouse gasses which are emitted both directly and indirectly by an organisation, product, service, person or project. Establishing a Carbon Footprint holds many advantages for businesses:
M&C Energy Group is experienced and well-qualified to establish Carbon Footprints on behalf of clients. We deal in Carbon Footprints of all types, from Organisational Carbon Footprint based upon the widely accepted GHG Protocol, to Product Carbon Footprints in line with increasing consumer interest in Carbon Labelling.
The appetite for reducing the environmental impact of organisations has resulted in a number of factors becoming more and more important. The drive for commercial advantages, improved marketing messages, supply chain pressures and environmental considerations is leading more organisations to adopt transparent Carbon Labelling as a way of clearly communicating their performance.
We have the experience and qualifications to establish Carbon Labels or Product Carbon Footprints on behalf of our clients and are accredited under the following schemes:
In addition to enabling organisations to gain these recognised carbon labels, M&C’s groundbreaking services deliver additional value to our clients beyond standard carbon footprinting techniques.