Carbon Reduction Plan

Supplier name: Flexipharm Austrading Limited
Publication date: March 2024
http://www.flexipharmaustrading.com/

Commitment to achieving Net Zero
Flexipharm Austrading Limited is committed to achieving Net Zero emissions by 2045.

Baseline Emissions Footprint

Baseline Year: 2023

Additional Details relating to the Baseline Emissions calculations.

Baseline year is set at 2023, all targets moving forward will be based on this year. As this is the first year of reporting current year is 2023. Flexipharm Austrading Ltd is a SME in the UK. The company does not supply company vehicles and although leases office space this is on a part time basis. The company uses a wholesaler for all distribution requirements

Baseline year emissions: 2023

EMISSIONS

TOTAL (tCO2e)

Scope 1

Scope 2
(location based)

0.56

Scope 3

4. Upstream transportation and distribution – 1,804.8 (tCO2e)
5. Waste generated in operations – 0 (tCO2e)
6. Business travel – 3904.4 (tCO2e)
7. Employee commuting – 3070.1(tCO2e)
9. Downstream transportation and distribution – 0 (tCO2e)

Total Emissions

9.34

Current Emissions Reporting

Reporting Year: 2023 First year of reporting/baseline

EMISSIONS

TOTAL (tCO2e)

Scope 1

Scope 2

0.56

Scope 3
(Included Sources)

Total Emissions

9.34

Emissions reduction targets

Flexipharm Austrading Limited is committed to a 10% reduction in baseline emissions between the years 2023 and 2024. This however will be dependent on stock required, to fulfil NHS contracts awarded for our current medicines, along with any new medicines we launch in 2024 and future years.

We project that carbon emissions will decrease over the next five years to 6.95 tCO2e by 2028. This is a reduction of 33%.

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

Carbon Reduction Project vs Actual Chart

Carbon Reduction Projects

Completed Carbon Reduction Initiatives
The following environmental management measures and projects will be initiated throughout 2024 and will continue through the lifetime of the commitment to net zero, along with new initiatives when required:

Buy Green Certified Energy

Buy from committed net zero providers

More online meetings, leading to less business travel

Commitment to print less, therefore using less paper and print consumables

Use greener transport both up and downstream i.e. solar powered, biofuel

Increase monitoring of impact to environment, and act accordingly

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 standard¹ and uses the appropriate Government emission conversion factors for greenhouse gas company reporting².

Scope 1 and Scope 2 emissions have been reported in accordance with SECR 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) Standard³.

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

Signed on behalf of the Supplier:

Name: Michael Clark
Title: Managing Director
Date: March 22 2024

References:
1. https://ghgprotocol.org/corporate-standard
2. https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting
‍3. https://ghgprotocol.org/standards/scope-3-standard