Jan 23, 2017

ISG achieves CDP climate performance score of A-

Nell Walker
2 min
ISG has achieved a CDP climate performance score of A-, putting it in joint first place as an environmental le...

ISG has achieved a CDP climate performance score of A-, putting it in joint first place as an environmental leader in the industry.

Carbon Credentials assesses companies in accordance with the ISO 14064 process for quantifying, monitoring, reporting, and verifying carbon emissions.

ISG set a baseline year between 2014 and 2015, and has since achieved a 9.8 percent reduction in emissions. Emissions intensity has also been lowered by 12.09 percent compared to the 2014-2015.

A reduction in carbon emissions has been enabled by the company’s fleet and vehicle movement strategy, which has reduced the number of vehicles owned by ISG, replacing them by leasing out fuel-efficient vehicles. Travel to meetings has also been cut due to the improvement of the business’s improved video confererencing capabilities.

Richard Hubbard, ISG’s Chief Marketing Officer, said: “While we have been monitoring our emissions as part of our CRC Energy Efficiency Scheme compliance obligations for several years, we’ve now started to report on more indirect ‘Scope 3’ emissions. This has improved our transparency and enabled us to understand our value chain emissions more clearly so we can track performance, support policy making and set targets more effectively.

“Construction is perceived as an emissions heavy sector, but ISG’s achievement in achieving an A- CDP rating, just a year after we established our baseline, proves that we can all play our part in becoming a smarter and more efficient industry.

“We’re delighted with how far we’ve come and proud to be leading the sector. Our score has inspired and challenged us to see what is possible next time and with verifiable figures to demonstrate the potential carbon savings, we’re looking forward to building on this success in 2017.”



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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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