Carbon Trust
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Company type | Not for Dividend Private Company Limited by Guarantee |
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Industry | Carbon management and reduction |
Founded | March 2001London, United Kingdom | in
Headquarters | , United Kingdom |
Number of locations | 10 |
Key people | Chris Stark (CEO) Baroness Brown of Cambridge (Chair) |
Number of employees | 400+ |
Website | carbontrust |
The Carbon Trust is a United Kingdom-based consultancy established in March 2001. Its aim is to accelerate the pace of private sector decarbonisation and increase energy efficiency in the United Kingdom and worldwide.
The Carbon Trust was originally funded by around £50m of UK tax revenue generated from the Climate Change Levy (CCL), a tax on business energy use. The trust's initial goal was to help businesses reduce energy costs and therefore offset the additional cost of paying the CCL. The establishment of the Carbon Trust was announced in the 2000 UK White Paper "Climate Change - the UK Programme" (Cmd 4913).[1]
The Carbon Trust was conceived as a business-led, publicly funded organisation operating at arms length from the UK government.[2] The early concept, design, and governance were carried out in close consultation with business. Senior officials from the Devolved Administrations and the UK department (the Department of the Environment, Transport and the Regions) would sit on the Trust's Board, where non-business non-executive Directors were in the majority. However, the chair, CEO and most of the executive team were appointed from the private sector, most notably the oil and gas and management consultancy sectors. Founding CEO Tom Delay previously worked at Shell for 16 years before beginning his 22-year tenure as CEO of the trust.
In July 2023, Delay announced his retirement from his role as CEO of the Carbon Trust.[3] In January 2024, the Carbon Trust appointed Chris Stark, former head of the UK Climate Change Committee, as CEO, with Stark's term beginning in Spring 2024.[4]
Remit and initial programmes
The Trust began its work with three core activities:[7]
- To ensure that UK business and the public sector contribute fully to meeting ongoing targets for greenhouse gas emissions.
- To improve the competitiveness of UK business through resource efficiency; and
- To support the development of a UK industry sector that capitalises on the innovation and commercial value of low carbon technologies nationally and internationally.
The need to recycle CCL revenues back to business by reducing energy costs through energy efficiency was a key early driver of the Carbon Trust's work. Its first act was to take over the UK government's £17m pa Energy Efficiency Best Practice Programme (EEBPP) in 2002,[8] a UK-wide information-based measure providing independent advice and support on existing energy efficient technologies and energy management practices.
The Trust reconfigured the EEBPP to improve its focus and services to business under a new branding called "Action Energy".
The Carbon Trust also initiated work on new and emerging low carbon technologies using a range of programmes and measures including traditional research, development, and demonstration support to supporting early stage companies developing new technologies and practices. These activities came under the banner of the "Low Carbon Innovation Programme".
Current work
The Carbon Trust presents itself as a global organisation, with offices in China, Mexico, the Netherlands, Singapore, South Africa, the UK and USA.
Services
The Carbon Trust provides sustainability education to businesses to help them save energy,[9] as well as voluntary carbon certification services and carbon labelling schemes that verify carbon footprint data and companies' adherence to standards. It also works with governments and corporations on low carbon technologies,[10] including offshore wind and marine energy.[11]
Carbon footprinting, verification and Carbon Trust standard
Carbon Trust standards
The Carbon Trust runs a series of environmental standards that certify measurement and reduction. Currently, these cover carbon, water and waste and have been awarded to hundreds of leading companies and organisations across the world.
In June 2008 the Carbon Trust introduced the Carbon Trust Carbon Standard to address what it describes as business greenwash.[12] The Carbon Trust Carbon Standard is only awarded to companies and organisations who measure and reduce their carbon emissions year on year.[13] Examples of organisations who have held the Carbon Standard include Sky, Aldi, Eurotunnel, Bupa, PricewaterhouseCoopers, Samsung Electronics, Angus Council, Capital & Regional, O2, npower, Credit Suisse and the Scottish Government.
In February 2013 the Carbon Trust introduced the Carbon Trust Water Standard to recognise those companies reducing their water use year on year. The first four companies to receive the Water Standard were Sainsbury's, Coca-Cola, Sunlight Services Group and Branston.[14]
In July 2013 the Carbon Trust introduced the Carbon Trust Waste Standard.[15] In November 2013 the waste standard was awarded to the first wave of organisations, which included The Football Association, Renishaw, Whitbread, PricewaterhouseCoopers and AkzoNobel Decorative Paints. These last three became the first in the world to gain the triple crown of reaching the carbon, water and waste standard.
In 2015, the Carbon Trust launched the Carbon Trust Supply Chain Standard to look at carbon footprints across the supply chain.[16] It is the world's first independent certification for organisations that are measuring, managing and reducing greenhouse gas (CO2e) emissions in their supply chains.
Carbon footprint label
The Carbon Trust helps companies to measure the carbon emissions associated with their products (embodied emissions) and also provides a label for these products carbon footprint. Measuring the embodied emissions of products enables reductions to be identified and achieved across the supply chain. The label demonstrates a commitment by the product owner to reduce that footprint every two years. The Carbon Reduction Label was introduced in March 2007.[17]
Examples of products that have featured the carbon footprint label are Amazon Devices, Evian water, Tetra Pak packaging, Kingsmill bread, Quorn foods, Silver Spoon sugar, Walkers crisps, a range of own brand products in Tesco supermarkets, Halifax (HBOS) bank accounts, Dyson airblades, Marshalls building products, Quaker oats, Lafarge cement, and Pompeian Olive Oil.
The standards behind carbon labelling are now formally recognised through the PAS 2050 developed by the Carbon Trust in conjunction with BSI and Defra. This methodology is now gaining international acceptance following its launch in October 2008.[18]
However, currently[when?] this standard has been revised to the PAS 2050: 2011 version, but the Carbon Trust has not received UKAS accreditation.[19]
References
- ^ Climate change: the UK programme (PDF). London: Her Majesty’s Stationery Office. November 2000. ISBN 978-0-10-149132-7. Archived from the original (PDF) on 20 January 2022.
{{cite book}}
: CS1 maint: date and year (link) - ^ Mallaburn, Peter S.; Eyre, Nick (February 2014). "Lessons from energy efficiency policy and programmes in the UK from 1973 to 2013". Energy Efficiency. 7 (1): 23–41. doi:10.1007/s12053-013-9197-7. ISSN 1570-646X. S2CID 154515990.
- ^ "All good things come to an end". The Carbon Trust. 15 June 2023. Archived from the original on 11 January 2024. Retrieved 6 April 2024.
- ^ "Chris Stark to lead the Carbon Trust". The Carbon Trust. 11 January 2024. Archived from the original on 5 February 2024. Retrieved 6 April 2024.
- ^ "The carbon trust Accelerating the move to a low carbon economy. REPORT BY THE COMPTROLLER AND AUDITOR GENERAL | HC 7 Session 2007-2008 | 22 November 2007" (PDF).
- ^ "Carbon Trust Certificate of Incorporation".
- ^ "Carbon Trust accounts 2001/02".
- ^ Falkners, Hugh (2000), Bertoldi, Paolo; de Almeida, Aníbal T.; Falkner, Hugh (eds.), "The UK Energy Efficiency Best Practice Program Lessons Learned", Energy Efficiency Improvements in Electronic Motors and Drives, Berlin, Heidelberg: Springer Berlin Heidelberg, pp. 483–497, doi:10.1007/978-3-642-59785-5_48, ISBN 978-3-540-67489-4, retrieved 5 March 2021
- ^ "Policy and markets". The Carbon Trust. Retrieved 6 November 2013.
- ^ "Innovation". The Carbon Trust. Retrieved 6 November 2013.
- ^ "Offshore Wind Accelerator". Retrieved 18 November 2013.
- ^ "Carbon Trust aims to end 'greenwash' by launching company standard". The Guardian. 24 June 2008. Retrieved 6 November 2013.
- ^ "Carbon standard 'to renew trust'". BBC News. 24 June 2008. Retrieved 6 November 2013.
- ^ "Carbon Trust urges business to wake up to water waste". The Carbon Trust. 9 February 2013. Retrieved 18 March 2013.
- ^ "Carbon Trust to take on waste". The Carbon Trust. 3 July 2013. Retrieved 6 November 2013.
- ^ "Leading businesses push boundaries of corporate responsibility into the supply chain". www.carbontrust.com. 30 September 2015. Retrieved 8 April 2023.
- ^ "UK carbon label goods sales 'pass £2bn-a-year mark'". BBC. 13 October 2010. Retrieved 18 March 2013.
- ^ "UKAS Awards First Accreditation for Product Greenhouse Gas Assessment". United Kingdom Accreditation Service. 7 June 2010. Archived from the original on 16 February 2013. Retrieved 18 March 2013.
- ^ "Search UKAS accredited organisations". UKAS. Retrieved 8 April 2023.
External links
- Carbon Trust official website
- Low Carbon Workplace
- Green Business Fund
- Introduction to the Carbon Trust, presentation in the California Air Resources Board's Air Pollution Seminar Series.
- The Carbon Trust profile on database of Market Governance Mechanisms