Grainger plc. Mandatory Greenhouse Gas Emissions Reporting
Global GHG emissions data for period 1 October 2012 to 30 September 2013
Tonnes of CO2e
Current Reporting Year1
Emissions from:
Combustion of fuel & operation
of facilities
1,467
Electricity, heat, steam and
cooling purchased for own use
956
Total carbon footprint
Company’s
measurement:
chosen
2,423
intensity
Emissions reported above, per £m value of
assets under management:
0.98 per £m value of assets under
management
Emissions reported above, per owned unit2:
0.18 per owned unit
Emissions reported above, per employee3:
8.97 per employee
Scope 3 Global GHG emissions data for period 1 October 2012 to 30 September 2013
Tonnes of CO2e
Emissions from:
Developments (contractor electricity and fuel
use)
Business travel, (air, rail and car in UK &
Germany)
Electricity transmission & distribution losses
Tenant energy use, estimated from a sample
of Energy Performance Certificates, (EPCs)
and reported in CO2 only.
239
140
81
Tonnes of CO2
29,551
As this is the first year of Mandatory GHG reporting, there is no comparison year reported.
This is the number of owned units in the UK; in future years this will also include the number of owned units in Germany.
3 Total number of employees in Grainger plc. at 30th September 2013
1
2
Grainger plc
Registered in England. No: 125575
Registered office: Citygate, St James’ Boulevard
Newcastle upon Tyne NE1 4JE
Methodology
We have used the main requirements of the GHG Protocol Corporate Accounting and
Reporting Standard (revised edition) and ISO14064 Part 1; data gathered for our ongoing reporting under the Carbon Disclosure Project; energy consumption data for
our UK properties and emission factors from the UK Government’s Conversion
Factors for Company Reporting 2013.
We have reported on all of the emission sources required under the Companies Act 2006
(Strategic Report and Directors’ Reports) Regulations 2013. We have used the Operational
Control consolidation method. These sources fall within our consolidated financial statement.
We do not have responsibility for any emission sources that are not included in our
consolidated statement.
1. Limitations on data collection
UK Residential
We have not reported emissions from the properties in our GInvest portfolio or from units
undergoing small-scale refurbishment as we do not have energy consumption data for the
reporting year – we are working to improve data collection for future reporting.
Fund and Third Party Management
We have not reported emissions from the properties in our WIP portfolio as we do not have
energy consumption data for the reporting year – we are working to improve data collection
for future reporting.
German Residential
We have not reported emissions from the properties in our German residential portfolio as
we do not have energy consumption data for the reporting year – we are working to improve
data collection for future reporting and will report on our German properties next year.
2. Estimation
For properties where some consumption is known, missing periods of consumption have
been estimated using the daily average of known consumption. 37% of the total energy use
has been estimated using this methodology. 12 out of 204 properties have been excluded
from the analysis because we have not been able to record any consumption.
Grainger has used a database of over 2,000 EPCs produced between 2008 and 2013
across the UK Residential and GRIP portfolios to estimate tenant carbon dioxide emissions.
Every EPC has an estimate of the unit’s annual carbon footprint for heating, lighting and hot
water based on the unit’s predicted energy consumption. We have taken an average of
emissions for each portfolio so that the average reflects the portfolio’s characteristics (e.g.
flats, single family dwellings, etc.) The respective averages have been multiplied by the
number of units per portfolio and the results summed to produce an estimate of emissions
Grainger plc
Registered in England. No: 125575
Registered office: Citygate, St James’ Boulevard
Newcastle upon Tyne NE1 4JE
for UK Residential. We first published an estimate of tenant emissions using this
methodology in our 2010/11 annual report and have updated it to reflect the addition of new
EPCs and changes in the composition of our portfolio in each succeeding year.
3. Intensity metrics
We have used the market value of assets under management as our main intensity
measurement as this is also what we use to measure our business efficiency KPI as
reported in this Strategic Report. We have also used the number of UK units that we own
and the number of our employees. We have chosen these metrics to align with our financial
reporting.
Our reported carbon footprint will be larger in the 2013-2014 reporting year because
we will be able to obtain data for those parts of our portfolio that are missing in 201213.
Scope One
Landlord-obtained
gas consumed in
common areas and
by tenants on an
unmetered basis.
Scope Two
Landlord-obtained
electricity consumed
in common areas and
by tenants on an
unmetered basis.
Scope Three
Contractor-obtained
energy used in
developments and
refurbishments,
where available.
Not included
Waste treatment and
disposal.
Fuel consumption in
vehicles owned or
leased by Grainger
plc.
Electricity consumed
by Grainger plc. that
is sub-metered by its
landlord in offices
which it occupies as
a tenant.
Grainger employees’
business travel;
‘grey fleet’ travel.
Water consumption.
Tenant-obtained
energy consumption
(estimated from the
properties’ EPC
certificate).
Staff commuting.
Landlord-obtained
energy consumed by
tenants on a
metered basis.
(Scenario not
currently applicable).
Grainger plc
Registered in England. No: 125575
Registered office: Citygate, St James’ Boulevard
Newcastle upon Tyne NE1 4JE