Havwoods Net Zero Annual Report 2024

To ensure comparability between our base, which emissions reductions are assessed against, and most recent reporting years it is common practice to adjust historic emissions in line with updates to organisational structures, available data, methodologies or factors used to calculate emissions.

Restating our emissions

Ensuring comparability

Carbon accounting guidance and emission factors provided by external bodies such as DESNZ and the GHG Protocol may be subject to periodic change due to improvements in data availability, calculation methods and industry best practices. These changes are outside our control, however, we may need to remeasure and restate previous emissions occasionally to ensure comparability and alignment with current standards, maintaining the accuracy of reported emissions and the integrity of Net Zero targets. This may also be necessary when significant organisational changes occur that impact our emissions (+/-5%). In line with the above, Havwoods’ base year emissions have been restated to align with updates to respective spend and activity-based emission factors. Should restatement be necessary in the future, our approach will be to remeasure the base and penultimate year alongside the current reporting period.

For full methodological details, please refer to the Report appendix.

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