With over 200 years of experience in the food industry, Petty Wood offers national distribution on a range of 2000 products by managing some of the most recognised and sought after food brands in the UK.
Petty Wood has an unparalleled reputation within the food industry by successfully operating brands across all levels, including brand building, food innovation, national multi-site logistics and events.
What Petty Wood needed:
SECR compliance is an annual reporting scheme that the UK Government introduced in 2019. It is required by all UK quoted companies and registered businesses that meet two or more of the following criteria: more than 250 employees, a balance sheet greater than £18m or a turnover greater than £36m
Petty Wood were therefore required to produce an SECR report for their statutory accounts, but did not have the in-house skills to facilitate preparation of a report which complied with the requirements. Petty Wood reached out to us for help with SECR reporting after their energy broker recommended our services. In partnership, we were able to use Petty Wood’s data and ensure they were able to meet the legal requirements of SECR.
Our Analytical Process:
Our consultants provided a data collection template across the SECR compliant GHG categories and a questionnaire which Petty Wood explained was relatively simple to do. This was followed by liaising with their energy broker and drafting the report. Petty Wood’s auditors examined the reports, confirming their adherence to all statutory obligations. With the assistance of our own software, the Net Zero Hub, Petty Wood could also see the emissions they have generated and the sources for the carbon factors used to determine their emissions.
Outcomes and Benefits for Petty Wood:
The main outcome was ensuring Petty Wood successfully complied with their statutory responsibilities, setting a strong foundation for their sustainability journey. SECR often provides the starting point for strategy work on reducing carbon emissions. While it’s used to help create Net Zero plans, our consultants also focus on its long-term benefits for clients by regularly tracking progress and measuring actual performance.
Compliance with SECR reporting is a good first step for businesses being able to quantify their emissions before a full scope carbon footprint. As with Petty Wood & Co, the actions of SECR compliance can lead to the wider sustainability conversation being opened in organisations.
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