CRC Deadline Day comes and goes

 

Now I know how those football reporters feel on Transfer Deadline Day when something should be happening, but isn’t. And on CRC Deadline Day, it’s the same story.

There’ll be no naming and shaming of those who failed to register – at least that’s what the Environment Agency has said – which was surely always going to be the case.

Some organisations, however, are already looking ahead, as this survey by Verdantix for CA Technologies details.

It reveals that 74% of UK public sector organisations believe the potential energy cost savings resulting from adherence to CRC will outweigh the likely financial costs of compliance. Sixty seven percent agree that a leadership position in the CRC league table in October 2011 will achieve significant energy efficiency savings. And 87% agree that organisations achieving league table leadership will avoid CRC penalties and fines from non-compliance.

The report reveals that the Public Sector, perhaps not surprisingly, is ahead of other market sectors in its attitudes and approach to the CRC Energy Efficiency Scheme. Ninety percent of public sector organisations, for example, have already set a CO2 reduction target, compared with 76% in the telecommunications and technology sector, 70% in retail, and 66% in financial services. Meanwhile, 57% of public sector institutions will release their first carbon management report either this year or next year―only 21% of financial services and retail organisations believe they are in a position to do this.

“Public Sector organisations in the UK are ahead of the curve in recognising the value of CRC leadership,” says Sonny Masero, VP ecoSoftware for CA Technologies. “In particular, the sector acknowledges that CRC league table leadership will help the sector reduce energy costs and reduce cash flow risks.

“Although the CRC EES does have cash flow implications because organisations have to purchase carbon allowances, this liability can be reduced through effectively managing energy and carbon.”

Meanwhile, when it comes to Deadline Day excitement, I guess we’ve now got to wait until January and the end of the next Transfer Window. Hopefully, by then, the CRC picture will be a little clearer too.

 

 

 

 

 

 

 

 

 

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There were 2,598 companies registered on Monday so it will be interesting to see how many more have got there in this final week. There could be a long tail. For many companies now though the attention will turn to how to collect the carbon data as efficienctly as possible. Hopefully this will help reveal unnecessary wastage in some companies and encourage them to save costs and use less energy.
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