The highlights are that VMI’s operational footprint has reduced by 13.4% compared to 2022, however, scrutinising this report in detail and seeing how low our base year (2019) was, before we had properly started measuring all of our effective measurements, I am concerned that 2019’s carbon figures may have been artificially low.
As a result, a decision has been made to change VMI’s base year for comparison to 2021, and as such, comparing 2023 with the new base year of 2021, VMI’s CO2e with CapEx has reduced from 2021 from 629T to 305.8T (51.4% reduction) and without CapEx from 213T to 105T (50.7%). (We didn’t measure our emissions in 2020, which was badly affected due to COVID).
Either way, we have halved our emissions and continue with bold initiatives, which include more EVs and promoting sustainable transport to its staff. We also note that there is some duplication in the reporting standards, as many of our staff who have EVs commute and charge their vehicles at VMI, which means that we are declaring both their EV mileage and our power use. We plan to allow and correct for this next year.
The full report is attached and I shall be advising that CreativeZero revise our plan to reflect this new change in base year.
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