Aether Ltd's Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 1.2023 to 12.2023

1.4 Number of employees in the reporting year

*

33

1.4.1 Full-time equivalent (FTE) or headcounts

*

Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*

Not applicable

Commitment and Targets *

2.1 Net zero target year

*

2030

2.1.1 Base year

*

2019

2.2 Near-term target

*

50% of absolute total emission reduction from my base year by 2030

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*

Yes

Energy consumption

3.2 Total energy consumption

*

589634 kwh

3.3 Renewable energy

*

0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*

0 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*

0 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*

Aether currently has no scope 1 or 2 emissions as the company rents the office space and therefore has no direct control over the energy supplier the building operators use.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*

As stated above, scope 1 and 2 emissions are not applicable for the organisation.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*

Yes

4.1.1 Total scope 3 emissions

*

51.15 metric tons CO2e

Supply chain related - upstream emissions

4.1.4 Fuel and energy related activities

*

11.10 metric tons CO2e

4.1.7 Business travel

*

36.65 metric tons CO2e

4.1.8 Employee commuting

*

3.4 metric tons CO2e

Customer related - downstream emissions

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

-

4.3 Have you communicated your commitment and actions to any of your customers?

*

Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*

Scope 3 emissions for fuel, business travel, and commuting were developed in accordance with the GHG Protocol, using the 2023 DEFRA GHG Conversion Factors for Company Reporting. Building energy use: Total building electricity and gas use is multiplied by the proportion of office space that Aether occupies. Assumes all organisations within the building use a similar amount of energy (on a floor area basis) which may not be accurate. Homeworking: Calculations follow ecoact's 2020 homeworking whitepaper. Staff survey used to collect information on days spent in the office or on business travel (the remaining time, after leave, is assumed to be time WfH), heating type and whether home is already occupied when WfH. Uncertainty on number of WfH hours across a year. Business travel - flights: Expense return used to detail list of flights taken across the year. Flight distance database used to convert journeys into distance. Defra EFs applied. Business travel - other: Expense return used to note journeys by train, bus, coach, taxi etc. Journeys converted into distance, EFs applied. Sometimes detail is missing in expense claim of where the journey was specifically to/from. Hotel stays: Expense claim used to note hotel stays across the year. Defra EFs applied to rooms per person. Nearest/applicable countries used where the Defra EFs do not contain a factor for a particular country. Commuting: Staff survey used to ask how often people travel into the office, by what mode, and how far. Defra EFs multiplied by distance for each mode. Some uncertainty on how often people travel into the office vs WfH across the year.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*

Yes

Management, Strategy and Climate Risk (optional) *

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*

Flight business travel is by far the greatest source of emissions for the company, and has been steadily rising since 2020. Combined with an increase in staff in 2023, emissions for the company are greater than they were in 2022. However, several discussions have taken place on how to reduce flight emissions across the business. The company continues to recommend travel by public transport where possible.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Balancing emission reductions with business growth

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

Aether Ltd's Climate Report

Aether Ltd's Climate Report - 2023

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 1.2023 to 12.2023

1.4 Number of employees in the reporting year

*

33

1.4.1 Full-time equivalent (FTE) or headcounts

*

Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*

Not applicable

Commitment and Targets *

2.1 Net zero target year

*

2030

2.1.1 Base year

*

2019

2.2 Near-term target

*

50% of absolute total emission reduction from my base year by 2030

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*

Yes

Energy consumption

3.2 Total energy consumption

*

589634 kwh

3.3 Renewable energy

*

0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*

0 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*

0 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*

Aether currently has no scope 1 or 2 emissions as the company rents the office space and therefore has no direct control over the energy supplier the building operators use.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*

As stated above, scope 1 and 2 emissions are not applicable for the organisation.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*

Yes

4.1.1 Total scope 3 emissions

*

51.15 metric tons CO2e

Supply chain related - upstream emissions

4.1.4 Fuel and energy related activities

*

11.10 metric tons CO2e

4.1.7 Business travel

*

36.65 metric tons CO2e

4.1.8 Employee commuting

*

3.4 metric tons CO2e

Customer related - downstream emissions

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

-

4.3 Have you communicated your commitment and actions to any of your customers?

*

Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*

Scope 3 emissions for fuel, business travel, and commuting were developed in accordance with the GHG Protocol, using the 2023 DEFRA GHG Conversion Factors for Company Reporting. Building energy use: Total building electricity and gas use is multiplied by the proportion of office space that Aether occupies. Assumes all organisations within the building use a similar amount of energy (on a floor area basis) which may not be accurate. Homeworking: Calculations follow ecoact's 2020 homeworking whitepaper. Staff survey used to collect information on days spent in the office or on business travel (the remaining time, after leave, is assumed to be time WfH), heating type and whether home is already occupied when WfH. Uncertainty on number of WfH hours across a year. Business travel - flights: Expense return used to detail list of flights taken across the year. Flight distance database used to convert journeys into distance. Defra EFs applied. Business travel - other: Expense return used to note journeys by train, bus, coach, taxi etc. Journeys converted into distance, EFs applied. Sometimes detail is missing in expense claim of where the journey was specifically to/from. Hotel stays: Expense claim used to note hotel stays across the year. Defra EFs applied to rooms per person. Nearest/applicable countries used where the Defra EFs do not contain a factor for a particular country. Commuting: Staff survey used to ask how often people travel into the office, by what mode, and how far. Defra EFs multiplied by distance for each mode. Some uncertainty on how often people travel into the office vs WfH across the year.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*

Yes

Management, Strategy and Climate Risk (optional) *

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*

Flight business travel is by far the greatest source of emissions for the company, and has been steadily rising since 2020. Combined with an increase in staff in 2023, emissions for the company are greater than they were in 2022. However, several discussions have taken place on how to reduce flight emissions across the business. The company continues to recommend travel by public transport where possible.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Limited control over energy use in buildings,Reducing emissions from business travel,Balancing emission reductions with business growth

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

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