Decarbonisation

In the current climate, stakeholders urge environmental transparency, making carbon footprints a major focal point in many business strategies. Solar photovoltaics provide the ideal solution, supplementing your sustainable development strategy and boosting your CSR credentials.

A net zero operation

As we now enter a critical decade for climate action, we believe it is vital that companies develop mitigation pathways compatible with the 1.5⁰C curve required by the Paris Agreement. The world is in a race to net-zero emissions and we believe the sooner the action, the more pertinent it is to the current climate change crisis.

Here at Energy Gain UK, our carbon reduction strategy has been focused on the implementation of energy efficiency measures and renewable generation to reduce our Scope 2 emissions to a minimum. We have carefully measured our carbon footprint to understand our main emission sources and continue to target our efforts to make further reductions.

zero emissions across our operations

We’re proud to be one of the first in our sector to practise what we preach having transitioned to be a Net Zero accredited organisation, it’s another reason why we’re a better choice for customers and has helped us to secure frameworks including #1 on Fusion 21.

Beyond Energy Savings: Investing in ESG Leadership

As energy prices continue to rise and sustainability becomes a key focus, businesses are turning to renewable solutions like solar energy to meet their financial and environmental goals.

Investing in solar energy isn’t just about saving on electricity bills, it’s an investment in a company’s commitment to sustainability and leadership within its industry. For businesses aiming to enhance their ESG credentials and reduce operational costs, solar energy provides a proven pathway to success. By selecting an experienced partner and thoroughly assessing both the financial and environmental benefits, businesses can seamlessly integrate solar power into their operations

FOCUS ON SCOPE 3 EMISSIONS IS ALREADY HAPPENING:

Public sector and large organisations are accustomed to reporting on Scope 1 and 2 emissions and are now focusing on Scope 3. Imagine an iceberg and Scope 1 & 2 emissions are the easy to see, but scary tip of the iceberg above the water, whereas Scope 3 is the much large proportion of the iceberg that’s below the surface. Scope 3 emissions average 65 – 90% of an organisations’ total greenhouse gas (GHG). Therefore, every business needs suppliers across their entire value chain to reduce their own emissions so that they can improve their Scope 3 ESG performance. No one can escape ESG or put it off without losing customers.

Incentives & consequences

In order to drive change there’s usually an incentive or consequence, this is already visible across larger operations value chains and will soon affect SME’s. For example:

80% of Sainsburys value chain emissions come from suppliers, therefore they have tasked all suppliers to submit Net Zero strategies by 2025.

National & local government now apply a minimum 10% weighting to ESG performance when awarding new contracts, this is expected to rise.

94% of M&S’s carbon footprint (6.1m tonnes) comes from Scope 3 emissions. In-line with their commitments they’ve tasked all their food suppliers to commit to using 100% renewable electricity by 2025, and to achieve Net Zero by 2040.

We expect to see more businesses adopting this approach in the coming years.

IMPLEMENTING EFFECTIVE ESG:

Implementing a strong ESG policy is inexpensive and gaining an understanding of your current GHG emissions is relatively easy, with some businesses employing experts internally and others supported by third parties like Energy Gain. There are funding and financing opportunities available to upgrade infrastructure and install green technologies. Solar is a proven and quick way to reduce a business’s scope 2 emissions and meet value chain demands from customers.

PREPARATION FOR FUTURE COMPLIANCE REQUIREMENTS

Since 2019, large organisations have been subject to legal & regulatory reporting for Scope 1 & 2 emissions, the effects of which is already filtering down to SMEs. Once an SME understands their GHG emissions they can apply an ESG approach to optimise all future investments and supplier relationships.

PRACTICISING WHAT WE PREACH

90% of Energy Gain UK’s revenue is derived from the installation of large scale solar photovoltaic solutions. Our vision is to ensure every suitable rooftop is generating free, green power direct from the sun. Our innovative funding models range from cash purchase, discounted financing rates through to zero-cost Power Purchase Agreements (PPAs), making commercial solar solutions accessible to every organisation. Most customers achieve Internal Rates of Return of +20% whilst reducing energy costs and emissions immediately.

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