B4B Payments
Carbon Reduction Plan Guidance and Template
Pages
5
Time to read
6 mins
Publication
Language
English
Pages
5
Time to read
6 mins
Publication
Language
English
This document is a guide for completing a Carbon Reduction Plan (CRP) for organizations bidding on contracts that require such a plan. It outlines the necessity for suppliers to submit a CRP detailing their organizational carbon footprint and commitment to achieving Net Zero emissions by 2050. The guide specifies that the CRP must be tailored to the bidding entity, although it may include the parent organization under certain conditions. Key requirements include the publication of the CRP on the supplier's website and annual updates to ensure its relevance. The document also provides a template for the CRP, which includes sections for the supplier's name, publication date, commitment to Net Zero, baseline emissions footprint, current emissions reporting, and carbon reduction targets. Furthermore, it details completed carbon reduction initiatives and recommendations for further emissions reductions in areas such as business travel, commuting, and electricity consumption. The CRP must be approved by senior leadership to demonstrate a commitment to emissions reduction.