Home
Our SMEs
en

Adara Group's Climate Report

Download as pdf

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 7.2023 to 6.2024

1.2 Describe your business activities

*
Adara Businesses, including Adara Partners and Adara Advisors, are for purpose corporate advisory firms that generate funding for Adara Development. These businesses provide financial advisory services, with all profits covering Adara Development's administration and emergency costs, ensuring that 100% of donations directly support project work. Our operations involve professional services, office-based activities, business travel, and supply chain engagement, all contributing to our environmental impact.

1.4 Number of employees in the reporting year

*
18

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

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

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2022

2.2 Near-term target

*

50% of absolute scope 3 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Adara’s emissions are primarily Scope 3, and our target is to reduce emissions to Net Zero by 2030. Our strategy focuses on reducing supply chain emissions, business travel, and procurement by improving supplier due diligence, promoting sustainable travel, and adopting low-carbon procurement practices.

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

*
42990 kwh

3.3 Renewable energy

*
42990 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

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

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

*
Adara does not generate Scope 1 or 2 emissions as our operations are solely Scope 3. Our electricity is sourced from 100% renewable energy. Our emissions reduction strategy focuses on our supply chain, business travel, and procurement to achieve our Net Zero by 2030 target.

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

*
Last year, we used the Normative Business Carbon Calculator to estimate emissions. This year, we used the SME Climate Hub’s online reporting tool, applying a spend-based approach with emission factors. Energy data was sourced from bills, confirming 100% renewable electricity and zero Scope 2 emissions. As we do not own facilities or vehicles, Scope 1 emissions are also zero. Data accuracy is high, based on financial records.

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

*
40.38 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
29.65 metric tons CO2e

4.1.4 Fuel and energy related activities

*
0.18 metric tons CO2e

4.1.5 Transportation and distribution (upstream)

*
0.18 metric tons CO2e

4.1.7 Business travel

*
8.15 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

Adara is improving emissions tracking, engaging suppliers, and prioritizing sustainable procurement to reduce value chain emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

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.

*
Adara used the spend-based approach to estimate Scope 3 emissions, applying recognized emission factors to financial expenditure data. This method aligns with the GHG Protocol and sources factors from Climate Active (Australia) and DEFRA (UK)

Climate Solutions (optional) *

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

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified climate risks

6.2.1 Where are the climate risks you've identified?

*
Own operations

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve started to prioritise climate risks

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

No

-

Results, Challenges and Outlook *

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

*
Adara’s Scope 3 emissions decreased by 55.21% from 90.15 tCO₂e in FY22-23 to 40.38 tCO₂e in FY23-24. The reduction was driven by lower business travel, improved procurement practices, and better emissions tracking. Purchased Goods & Services emissions dropped from 67.90 tCO₂e to 29.65 tCO₂e, and Business Travel emissions fell from 19.49 tCO₂e to 8.15 tCO₂e. Moving forward, Adara will focus on supplier engagement and expanding emissions tracking for greater accuracy.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Reducing emissions from business travel,Complexities in managing supply chain emissions,Time constraints,Insufficient funding,Limited influence over suppliers

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

*

No

-

Adara Group's Climate Report

Adara Group's Climate Report - 2023

Introduction *

1.1 Reporting year

*

2023

1.1.1 Reporting period

*

from 7.2023 to 6.2024

1.2 Describe your business activities

*
Adara Businesses, including Adara Partners and Adara Advisors, are for purpose corporate advisory firms that generate funding for Adara Development. These businesses provide financial advisory services, with all profits covering Adara Development's administration and emergency costs, ensuring that 100% of donations directly support project work. Our operations involve professional services, office-based activities, business travel, and supply chain engagement, all contributing to our environmental impact.

1.4 Number of employees in the reporting year

*
18

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

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

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2030

2.1.1 Base year

*
2022

2.2 Near-term target

*

50% of absolute scope 3 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Adara’s emissions are primarily Scope 3, and our target is to reduce emissions to Net Zero by 2030. Our strategy focuses on reducing supply chain emissions, business travel, and procurement by improving supplier due diligence, promoting sustainable travel, and adopting low-carbon procurement practices.

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

*
42990 kwh

3.3 Renewable energy

*
42990 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

3.6 Market based scope 2 emissions

*
0 metric tons CO2e

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

*
Adara does not generate Scope 1 or 2 emissions as our operations are solely Scope 3. Our electricity is sourced from 100% renewable energy. Our emissions reduction strategy focuses on our supply chain, business travel, and procurement to achieve our Net Zero by 2030 target.

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

*
Last year, we used the Normative Business Carbon Calculator to estimate emissions. This year, we used the SME Climate Hub’s online reporting tool, applying a spend-based approach with emission factors. Energy data was sourced from bills, confirming 100% renewable electricity and zero Scope 2 emissions. As we do not own facilities or vehicles, Scope 1 emissions are also zero. Data accuracy is high, based on financial records.

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

*
40.38 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
29.65 metric tons CO2e

4.1.4 Fuel and energy related activities

*
0.18 metric tons CO2e

4.1.5 Transportation and distribution (upstream)

*
0.18 metric tons CO2e

4.1.7 Business travel

*
8.15 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

Adara is improving emissions tracking, engaging suppliers, and prioritizing sustainable procurement to reduce value chain emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

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.

*
Adara used the spend-based approach to estimate Scope 3 emissions, applying recognized emission factors to financial expenditure data. This method aligns with the GHG Protocol and sources factors from Climate Active (Australia) and DEFRA (UK)

Climate Solutions (optional) *

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

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified climate risks

6.2.1 Where are the climate risks you've identified?

*
Own operations

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve started to prioritise climate risks

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

No

-

Results, Challenges and Outlook *

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

*
Adara’s Scope 3 emissions decreased by 55.21% from 90.15 tCO₂e in FY22-23 to 40.38 tCO₂e in FY23-24. The reduction was driven by lower business travel, improved procurement practices, and better emissions tracking. Purchased Goods & Services emissions dropped from 67.90 tCO₂e to 29.65 tCO₂e, and Business Travel emissions fell from 19.49 tCO₂e to 8.15 tCO₂e. Moving forward, Adara will focus on supplier engagement and expanding emissions tracking for greater accuracy.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 3 emissions,Reducing emissions from business travel,Complexities in managing supply chain emissions,Time constraints,Insufficient funding,Limited influence over suppliers

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

*

No

-
Generating a PDF file. Please wait....

Not sure how to start?

See the steps you can take and get help building a plan to cut your business emissions today.

start the journey

¿No estás seguro de por dónde empezar?

Revisa los pasos que puedes dar y obtén ayuda para elaborar un plan para reducir las emisiones de tu empresa hoy mismo.

EMPIEZA TU CAMINO HOY

لست متأكداً كيف تبدأ؟

اطلع على الخطوات التي يمكنك اتخاذها واحصل على المساعدة في وضع خطة لخفض انبعاثات شركتك اليوم.

ابدأ الرحلة

Vous ne savez pas par où commencer ?

Découvrez les mesures que vous pouvez prendre et obtenez de l’aide pour élaborer un plan pour réduire les émissions de votre entreprise dès aujourd’hui.

démarrer le parcours

Ready to commit to lower emissions?

It’s easy to make the commitment. Just complete a form sharing your intent to reduce your emissions.

You’ll earn public recognition for taking the first step.

Make the Commitment

¿Listo para comprometerte a reducir tus emisiones?

Es fácil comprometerse. Solo tienes que completar un formulario compartiendo tu intención de reducir tus emisiones.

Ganarás reconocimiento público por tomar este primer paso.

COMPROMÉTETE

هل أنت مستعد للالتزام بتقليل الانبعاثات؟

الالتزام سهل. ما عليك سوى تعبئة نموذج لمشاركة عزمك على تقليل انبعاثاتك.

سوف تحظى باعتراف عام باتخاذك الخطوة الأولى.

انضم إلى الالتزام

Prêt à vous engager pour réduire les émissions ?

S’engager est simple. Il suffit de remplir un formulaire indiquant votre intention de réduire vos émissions.

Vous gagnerez une reconnaissance publique pour avoir fait le premier pas.

S’engager

Register now to use our tools

Register now to use our tools

Stay updated!

Sign up for our newsletter to stay updated with the latest climate developments.

Cancel

Log in

Log in

Log in

Forgot password?

Please enter your email address. You will receive a link to create a new password via email.