Carbon Reduction Plan for TPG Services Ltd

Commitment to Achieving Net Zero

TPG Services Ltd is committed to achieving Net Zero emissions by 2050.

Baseline Emissions Reporting

Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reduction can be measured.

Our Baseline includes our greenhouse gas (GHG) emissions from the seven GHG’s named by the Kyoto Protocol: Carbon Dioxide (CO2), Hydrofluorocarbons (HFCs), Methane (CH4), Nitrous Oxide (N2O), Nitrogen Trifluoride (NF3), Perfluorocarbons (PFCs) and Sulphur Hexafluoride (SF6). Our emissions are calculated in tonnes of carbon dioxide equivalent (CO2e) using the appropriate conversion factors published by BEIS.

TPG Services Ltd greenhouse gas emissions reporting is aligned to our Financial Year “FY” Reporting (1st January to 31st December).

TPG Services Ltd is using the “Financial Control” approach as part of our greenhouse gas methodology.

TPG Services Ltd Scopes 1 and 2 figures presented have limited assurance by a third party.

Current Emissions Reporting

Due to the COVID pandemic, the business travel and office utilisation in 2020 of TPG Services Ltd was greatly reduced which resulted in much lower overall emissions than in 2019.

Baseline Year: 2019

Additional Details relating to the Baseline Emissions Calculations
This is the first Carbon Reduction Plan for TPG Services Ltd, and therefore establishes our baseline for future reporting.
EMISSIONSTOTAL (tCO2e)
Scope 1 75.8
Scope 2 12.3
Scope 3 (Included Sources)144.5
Total Emissions232.6

Current Emissions Reporting

Reporting Year: 2020
EMISSIONS TOTAL (tCO2e)
Scope 1 63.6
Scope 28.1
Scope 3  (Included Sources)49.2
Total Emissions121.0

Emissions Reduction Targets

In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.

We project that total annual carbon emissions (scopes 1, 2 and 3) will decrease over the next five years by 39 tCO2e by 2026.

This is a reduction of 17% reduction against the 2019 baseline and the measures will be in effect when performing the contract.

Progress against these targets can be seen in the graph here:

Actual vs Net Zero by FY 2050 Delivery Schedule

Carbon Reduction Projects

Completed Carbon Reduction Initiatives

The following environmental management measures and projects have been completed or implemented since the 2019 baseline:

  • Introduction of a ‘Cycle to Work Scheme’ to encourage employees to use a more sustainable form of commuting.
  • Relocation of the Bristol office to Bristol and Bath Science Park. Sustainability was the driving force behind the design, construction, and operating principles of the Science Park. The Science Park buildings are rated BREEAM (Building Research Establishment Environmental Assessment Method) Excellent and the site has been recognised as CEEQUAL (Civil Engineering Environmental Quality Assessment and Award Scheme) Excellent.
  • Replacement of air conditioning units at Wincanton office with more energy efficient units.
  • Transitioned to LED lighting at Wincanton office.
  • Exploitation of digital collaboration techniques adopted during the COVID pandemic. For example, the increased use of MS Teams and Skype for virtual meetings has reduced the need for face to face meetings and brought about a reduction in the amount of travel and commuting undertaken by employees.

The carbon emission reduction achieved by these schemes equate to approximately 23 tCO2e, a 10% reduction against the 2019 baseline and the measures will be in effect when performing the contract.

TPG Services Ltd works to ISO 14001 standards, which is the environmental management system (“EMS”). The measures in place for the EMS system and associated external audits, ensure that these businesses do not damage the environment. As part of our decarbonisation journey, we have engaged with external advisors to look at not only our carbon footprint but also to look at the carbon footprint of the other UK business within TP Group and understand how we can offset this in a balanced way without impacting the performance of the business.

Furthermore, our sister company (TPG Maritime Ltd) has successfully transitioned their heritage hydrogen system capability to new uses within markets looking to adopt clean energy power sources. For example:

  • Their capability means that we can support the provision of clean fuel for trains.
  • They are also working with industry partners and academia to advance technology around carbon capture.

In 2020, our work in the renewables area was recognised with the award of the London Stock Exchange’s Green Economy Mark.

Proposed Future Projects

In the future we hope to implement further measures such as:

  • Switch to renewable energy backed by Renewable Energy Guarantees of Origin (REGO) certificates, to eliminate carbon emissions caused by our electricity consumption.
  • Minimise the use of single use plastic and introduce better recycling facilities at all of our office locations.
  • Replace gas boilers with hydrogen boilers when the required national infrastructure is in place and it becomes affordable to do so (subject to commercial landlord permission (where applicable)).
  • Continue reducing employee travel through the increasing use of digital collaboration, e.g. through the increased use of Teams, Skype, etc.
  • Replace all air conditioning units at the end of their lives with more energy efficient units.
  • Working in collaboration with commercial landlords of our leased offices to ensure sustainability is given a high priority.
  • Making sustainability an essential consideration when the renewal of leases for office accommodation become due.
  • After taking steps to minimise all carbon emission categories, a carbon offset scheme will be adopted by 2040 with all remaining emissions offset by 2050.

Declaration and Sign Off

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and associated guidance and reporting standard for Carbon Reduction Plans.

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard and uses the appropriate Government emission conversion factors for greenhouse gas company reporting.

Scope 1 and Scope 2 emissions have been reported in accordance with SECR (Safety and Environmental Case Report) requirements, and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard.

This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).

Download TPG Services Carbon Reduction Plan here

TPG Services Ltd Carbon Reduction Plan 2021

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