Welcome to the latest Net Zero, Carbon Reduction, and Energy Management news updates
How the new Science Based Targets Initiative (SBTi) framework will support the Built Environment sector with net zero transition
The Science Based Target Initiative (SBTi) has launched a new framework to support the construction and Built Environment sector in achieving decarbonisation. The Built Environment sector is one of the biggest contributors of global carbon emissions, accounting for over a quarter of energy related emissions. The construction industry is also significantly impacted by the climate crisis, with delays in construction caused by weather costing billions globally.
The new initiative targets businesses and financial institutions that own, lease or manage buildings, as well as those within the construction supply chain, by providing a “whole building approach” to lower carbon emissions.
Learn more about the new SBTi framework
Are you starting your Carbon Reduction journey?
Our Carbon Reduction Consultancy and Net Zero services help organisations to define, shape and monitor a carbon emissions strategy designed around their operational needs and challenges. Our experienced carbon reduction consultants work with organisations across a range of industries to create and support the delivery of bespoke carbon reduction and net zero strategy plans.
At its core, our services cover four stages:
Discover how we can support you in reducing your carbon emissions
Sigma: Sustainability and Energy Management Software
When your energy bills represent such a large part of your organisation’s carbon footprint, you need to be confident in the quality of your data.
Sigma’s energy carbon management tools help you measure and track your Scope 1 and 2 emissions for complete data assurance. With comprehensive carbon reporting supported by transparent and dynamic data streams, track your environmental, social, and corporate governance (ESG) progress against your carbon neutral and net zero goals, and unlock new energy saving opportunities to reduce your business carbon emissions.
Watch our latest our video on how Sigma’s Energy Management software can drive your sustainability and cost savings
The latest news coming out of TEAM
TEAM Energy to support organisations with new ESOS Energy Action Plan requirements
The ESOS Phase 3 deadline has now come and gone, with the Environment Agency reporting that they have had over 7000 notifications of compliance from organisations.
Despite the completion of these submissions, organisations that are required to comply with the scheme must also submit an ESOS Energy Action Plan based on the energy saving initiatives they have planned for their operations.
The deadline for the first Energy Action Plan is the 5 December 2024, however the Environment Agency has announced an extension to the submission deadline and will accept Action Plans submitted by the 5 March 2025.
What is included in an ESOS Energy Action Plan?
TEAM has joined the UN Global Compact to contribute to sustainable and responsible business practices
We are pleased to announce our membership to the United Nations Global Compact and the UN Global Compact Network UK, a voluntary leadership platform for the development, implementation, and disclosure of responsible business practices.
With this announcement, we are proud to join thousands of other companies globally and in the UK, committed to taking responsible business action to create a better world.
Learn more about our new membership
Supporting the Building and Construction Sector
The building and construction sector is a crucial contributor to the Government’s net zero target. There is a growing expectation from clients, regulators, and investors to provide greater transparency and accountability for their GHG emissions.
We work in partnership with businesses throughout the UK to help them to achieve their energy management and sustainability goals.
Take a look below at some of the feedback we have received from our customer, Beard Construction, who we supported in completing their Streamlined Energy and Carbon Reporting (SECR).
Discover how we can support organisations in the Building and Construction sector.
UK Government publishes Great British Energy Bill factsheet
On Tuesday 3 September, the government published an overarching factsheet on the Great British Energy Bill, introduced to Parliament on 25 July 2024, which is set to establish Great British Energy as a publicly-owned and operationally independent company.
It states the Bill will give the Secretary of State the ability to provide financial assistance to Great British Energy to be set up and start delivering benefits for the whole of the UK. This includes driving clean energy deployment and boosting energy independence.
Government takes Energy System Operator public from National Grid
The UK Government announced the establishment of the National Energy System Operator (NESO), a new publicly owned organisation aimed at bolstering energy security, reducing long-term energy costs and advancing the country’s clean power by 2030 agenda.
The new NESO organisation will facilitate connections between new generation projects and the electricity grid, working alongside Great British Energy, a publicly-owned investment entity for renewable and nuclear projects, to deploy renewable energy sources.
Energy Wholesale Market Review
This month experienced a drop in temperature as it has progressed, with the start of September seeing both power and gas contracts registering gains. Towards the end of the month, long term power and gas contracts fell. Day-ahead gas reached a weekly high of 87.95p/th, which was attributed to a drop in temperatures.
Foreign Secretary announces new Global Clean Power Alliance to boost renewable energy transition
The UK Foreign Secretary, David Lammy, has announced the launch of a new Global Clean Power Alliance, aimed at speeding up the global shift to renewable energy and helping countries move away from fossil fuels.
The Global Clean Power Alliance will focus on boosting investment in clean energy, expanding energy grids and securing access to critical minerals. The goal is to support countries that are falling behind in the transition to renewable energy by sharing technology and financial resources.
IEA releases policy review on UK’s climate and emission reduction efforts
The International Energy Agency ‘s (IEA) latest review of the UK’s energy and climate policies found that it has made significant progress to-date on emissions reductions. This is underpinned by a robust climate framework as one of the first advanced economies to legally adopt a net zero target.
One in seven new car sales worldwide is now electric
In July 2024, one in seven vehicles sold globally was fully electric, with electric vehicles (EVs) accounting for 14.9% of total vehicle sales worldwide according to New AutoMotive’s Global Electric Vehicle Tracker (GEVT). As per the analysis, this growth has been primarily driven by strong performances in China and the US, along with notable increases in 30 other countries, including six of the seven largest car markets.
UK Government allocates £88m for innovative zero-emission transport solutions
The UK Government has funnelled £88m into 46 projects and initiatives that will contribute to the net-zero transition by decarbonising transport, including the development of electric trucks for the NHS and Royal Mail, e-motorcycles and wireless charging solutions.
Two thirds of businesses have now set a Net Zero target, according to a new survey.
According to findings from the UK Net Zero Census, organisations have significant engagement with net zero activities, with 46% reported receiving requests for carbon data from customers and tender applications. However, despite this development, only 33% of organisations have currently measured a full baseline carbon footprint, including all scope 1, 2 and 3 emissions, indicating a gap between engagement and comprehensive action.
Summer 2024 was world’s hottest on record
Despite the UK having its coolest summer since 2015, much of Europe experienced hotter than average temperatures, according to the Copernicus Climate Change Service. With August marking the 13th month in a 14-month period where the global average temperature exceeded 1.5C above pre-industrial levels.
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