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Climate
How we run our operations to reduce our carbon footprint
Our impact
Scope 1 relates to direct that occur from sources that are controlled by the company. For example, emissions from combustion in boilers and vehicles.
Scope 2 relates to indirect emissions from the generation of purchased electricity, steam, heating and cooling consumed by the company. These emissions physically occur at the facility where the energy is generated.
Scope 3 relates to emissions that are a consequence of the activities of the company but occur from sources upstream or downstream in the supply chain and are not controlled by Otrium, for example packaging and logistics from warehouse to customer.
Otrium’s total carbon footprint for 2021 is 2742.25 tons of CO2e based on the market-based approach and 2895 tons of CO2e. based on the location-based approach. And this is how that’s broken down by scope:
Scope 1, 2 and 3 emissions are calculated, where possible, with supplier-specific data. However, these are instances where this isn’t possible, specifically relating to Scope 2, if only partial invoices are available, the data is estimated over the whole year. If an asset was introduced for use during a year, only data for that period is considered.
To calculate greenhouse gas emissions, various formulas are used for different activities. Gas and petrol usage are multiplied by specific emission factors, while electricity usage can be calculated using either a market-based or location-based approach. Emissions from employee commuting, business travel, logistics, and packaging disposal are calculated by multiplying distance, weight, and the appropriate emission factors. Similarly, emissions from customer returns and waste are calculated by multiplying the amount with the corresponding emission factor.
Here you can see tons of CO2 emissions by source.
The following data points were added to the scope of the 2021 report:
- First-mile logistics, shipping the fashion items from the fashion brand to Otrium’s warehouse,
- Commuting, the come and go of our employees to our offices,
- Energy London, Paris, and New York hubs, Gas & Energy UK and US warehouse,
- Business travel of the Otrium team,
- Electronics emissions per purchased electronic device.