Publication date: 26th June 2024

Commitment to Achieving Net Zero
Greenmount Projects Limited are committed to achieving Net Zero emissions by 2050 and are aiming to reduce emissions by 50% by 2030 in line with the latest climate science. We understand the need for urgent action to address the Climate Emergency and will review our Net Zero target date on an annual basis as our understanding of the emissions for which our business is responsible and our knowledge of Carbon Management develops.

Additional Details relating to the Baseline Emissions calculations:
Financial Year 2022/2023 was the first year that we measured our Greenhouse Gas emissions. We used the operational control approach and report on the areas of the business where we have the full authority to introduce and implement operating policies. We followed the UK Government Environmental Reporting Guidelines (updated March 2019) and used the UK Government GHG Conversion Factors for Company Reporting (2022).
A transfer of ownership or control of emissions-releasing activities or operations from our company to another or a change in calculation methodologies, including a change in the accuracy of emissions factors or activity data could trigger a Baseline Year emissions recalculation. We have set the de minimis as 5% of our CO2e emissions, above which the Baseline will need to be re-calculated.

Carbon Reduction Plans
We were disappointed that during Financial Year 2023/2024, there was over a 10% increase in our Greenhouse Gas emissions, compared to our Baseline Year, Financial Year 2022/2023. However, we are improving our understanding of carbon management and are committed to monitoring, managing, and implementing projects to reduce our Greenhouse Gas emissions. We are aware that we need to decouple business growth from our emissions and will continue to report progress to our stakeholders by publishing this document on our website annually.
Over the last two years we have implemented several measures to reduce our Greenhouse Gas emissions, including:

• The improvement of our heating controls, using a timer during the working week, and ensuring the heating is off over the weekend and during the non-heating season between April and September.

• The installation of increased levels of insulation.

• The upgrade of lighting to LED lamps with PIR controls.

• The investment in an electric pool car for our office staff to attend site meetings.

• Encouraging van and car-sharing for all staff and allocating operatives to work together and van-share based on location of their homes to reduce the number of miles travelled.

• We remain committed to reducing our Greenhouse Gas emissions and consider full life-cycle Greenhouse Gas emissions when we invest in new and replacement vehicles and office equipment.
During Financial Year 2024/2025, if practical and financially viable, we would like to install solar photovoltaic (PV) panels on our offices at Hamer House.