BPS is proud to announce that it is a carbon neutral company, having purchased sufficient carbon credits to offset its emissions during the 2009 financial year.
“Whether or not you have taken a position in the climate change debate, the business reality is that organizations must demonstrate a commitment to long-term, sustainable business strategies which balance financial, environmental and social impacts” says Nick Grenfell, the Managing Director of BPS.
King III guidelines for corporate governance, the JSE’s new Integrated Reporting Standard for listed companies and the government’s commitment to the Copenhagen Accord point the way to a low carbon future where organisations must report on the long-term sustainability of their business models and balance financial, environmental and social impacts.
BPS has started this journey by measuring its greenhouse gas inventory or “carbon footprint” which describes the emissions associated with its different business activities. To do this, BPS turned to the GHG Modeler software tool which supports the construction of a comprehensive carbon footprint with advanced analysis and reporting. “GHG Modeler provides a structured environment with in-built conversion factors for different emission types. Our carbon footprint for 2009 forms our baseline and the model can easily be updated in subsequent years” Grenfell continues.
BPS purchased 47 tonnes of carbon dioxide equivalent credits under the Voluntary Carbon Reduction scheme from Earth Patrol, a South African company, for the period of the 2009 financial year. The carbon credits have been generated through an energy efficiency programme conducted in the Tornado Park and Kleinhelderkruin special needs centre and have been independently verified.
“Of course, purchasing carbon credits is only part of the contribution towards a more sustainable future” says Grenfell who is looking ahead to the next 3 years. “The real challenge is to make significant reductions in our emissions. We are implementing energy efficiency measures now and trying to understand how we can achieve a greater impact by changing the way we operate” he concludes.