Wardell Armstrong offers a variety of carbon accounting services to assist organisations to meet the requirements of mandatory and voluntary carbon reporting schemes. Our team has experience of working across a range of industry sectors and can assist in the compilation of accurate emission inventories in accordance with the relevant standards and protocols.

With our experience of corporate carbon accounting, we can draw on previous experience to identify and achieve significant cost savings, potentially enhancing corporate reputation and provide new revenue opportunities.

The Streamlined Energy and Carbon Reporting (SECR) policy is enforced through the Companies (Director’s Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018. This mandatory reporting framework replaces the CRC Energy Efficiency Scheme (CRC EES) and extends the scope of mandatory carbon reporting to include large unquoted companies and limited liability partnerships in addition to Quoted companies that met the following criteria;

  • Turnover £36 million or more
  • Balance sheet total £18 million or more
  • Number of employees 250 or more

Wardell Armstrong provides specialist input to carbon accounting and reporting services, working with organisations to adhere to regulatory requirements and set corporate objectives for continual improvement.

Wardell Armstrong’s service includes:

  • Initial consultation advice for compliance enquiries
  • Advice on data collation and quality assurance
  • Corporate carbon accounting to GHG Protocol standards
  • Preparation of SECR report for input into the Director’s Report or an independent Corporate Report (e.g. voluntary reporting for CSR, investment or stakeholder purposes)
  • Self-verification of reports to ISO 14064 standards
  • Analysis of report outcomes to provide advice for energy management and develop carbon
  • reduction targets
  • Identifying and assessing cost reduction or revenue generation opportunities
  • Managing risks

We also support our clients in collecting data for year on year reporting by developing appropriate tools for capturing energy and carbon data.

“Once upon a time, environmental, social and governance (ESG) factors were a niche interest among asset owners, asset managers, banks, brokers and investment consultants. No longer. Investors now routinely analyse information on ESG performance alongside other financial and strategic information in order to gain a better understanding of companies’ future prospects.”

– London Stock Exchange Group

Wardell Armstrong can assist with the requirements of ESG reporting to London Stock Exchange standards. We have specialist environmental, climate change, energy and social teams with an excellent track record in providing high quality reporting documents.  Our specialists can assist with the full ESG process from designing quality assured data collection processes, reporting and verification. Our services include:

  • Advice on data collation and quality assurance
  • Corporate carbon accounting to GHG Protocol standards
  • Stakeholder engagement
  • Social data collection, verification and reporting
  • ESG Statement and policy writing
  • ESG reporting to Global Reporting Initiative (GRI) standards
  • Self-verification and data checking
  • Biodiversity, ecosystem services and natural capital assessments
  • Water use and resources studies
  • Assessment of environmental processes, pollution and residual effects

Further details on our carbon accounting and social responsibility services please visit our appropriate service pages.

Businesses are increasingly being expected to report and manage their carbon emissions to meet stakeholder expectations. The voluntary reporting allows companies to drive change and develop a long-term cohesive strategy to reduce emissions along with providing an opportunity for cost savings and potential new revenue opportunities. Reporting and management of carbon emissions can enhance organisation’s reputation.

Wardell Armstrong can monitor, measure performance, report and disclose carbon emissions to stakeholders and the publicly accessible forums.

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