Rising interest in climate change means businesses are facing increased scrutiny over the environmental and social impacts of their practices. Mandatory carbon reporting already makes corporate sustainability obligatory for many big energy users. And securing funding in the future may entirely rely on a company’s ESG strategy thanks to financial Read more…
Compliance with carbon legislation such as Streamlined Energy and Carbon Reporting (SECR) has become a corporate obligation. But it can also unlock a range of opportunities for businesses seeking sustainable growth. This is because the energy audit and reporting involved in carbon compliance can gather valuable data. This can then Read more…
What is the energy-intensive industries (EII) exemption scheme? The EII exemption scheme aims to help big energy users stay competitive in a global market. Qualifying businesses can claim an exemption of up to 85% of their Contract of Differences (CoD), Renewables Obligation (RO), and Feed-in Tariff (FiT) costs. Providing firm Read more…
Last year saw many businesses contending with the challenges of SECR (Streamlined Energy and Carbon Reporting) for the first time. 2021 does not promise any respite however and Scope 3 emissions remain a contentious issue. What are the scopes? Reporting on Scope 1 and 2 emissions is mandatory for many Read more…
Resource efficiency and sustainability are already integral to a business’s resiliency. All evidence points to carbon offsets becoming the next piece of the puzzle. Climate-related policy change and litigation are on the rise across the world. It is clear that the involvement of the business sector in reducing global emissions Read more…
While the UK may be just barely climbing out of a recession, we remain in the throes of a global pandemic and on the brink of a major political separation. In the broader business environment, it seems uncertainty is the only certainty we have in the coming year. It is, Read more…
Earlier this week, Rishi Sunak and the FCA announced that climate risk disclosure would become mandatory for many of the UK’s largest organisations by 2025. As part of the announcement, Sunak also revealed a new green bond designed to stimulate sustainable growth and reinforce Britain’s position as a global green Read more…
In 2019 EU leaders endorsed the European Commission’s Green Deal, a strategy through which to achieve climate neutrality by 2050. Since then there’s been a slow but steady rise in legislation around, and investment in, renewable energy, low carbon solutions and, more recently, carbon sequestration and storage. The objective has Read more…
The launch of the Public Sector Decarbonisation Scheme last week presents an opportunity for public sector organisations to reduce their emissions using government funding. Organisations should begin formulating applications now to have the best chance of being funded. Subsidising Energy Efficiency Salix Finance is backing the scheme and it combines Read more…
ESOS is here, and if your business applies, compliance is mandatory. While it may seem like a costly and time-intensive process, there are financial opportunities and benefits to be found in this mandatory scheme. In Phase 1 of ESOS, we at EIC identified a total of 527GWh worth of energy Read more…