environmental (energy consumption and carbon emissions) reporting

Award outcome

Description

A 4 year programme was proposed and accepted to build on previous annual SECR (Carbon reporting) and undertake a CFD (Climate Related Financial Disclosure) assessment and report which we are obliged to include in the Company Report (ARA). We are in the middle of the Climate Scenario Risk Analysis and risk assessment which are reported to RCC/ARC. During the 4 year programme our CFD framework is embedded which includes governance and Board and SEG Capacity building sessions. This will also support maturity of Post Office ESG strategy and framework. OCS were originally engaged (compliantly) to contract for these services as much if the source data was derived from building energy consumption but as the requirement on POL (driven my new regulations) is increasing the type and frequency of contact from POL direct to Inspired making this contracting method inefficient There have been 2-years work completed so far on data collection and reporting that would need to be repeated/validated by any other incoming provider at a cost of ~£60k

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