The HVM Catapult is leading the Carbon Accounting Programme, which is developing a universal methodology for measuring and reporting emissions
Manufacturing produces 40% of the UK’s carbon footprint, yet the lack of a common accounting framework for corporates and products means the sector cannot properly track emissions. In partnership with four other Catapults, the HVM Catapult is leading the Carbon Accounting Programme, which is developing a universal methodology for measuring and reporting emissions based on the Government’s objectives for key metrics to be used.
‘Scope Three’ emissions – indirectly produced from processes such as early materials extraction and processing – present a particularly substantial problem and account for up to 90% of greenhouse gases. Tackling these is key to reach net zero. We are determined to work with Government departments, such as Energy Security and Net Zero, and Business and Trade, to address this key issue and jointly develop universal standards.
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