Guernsey Electricity is changing the way it reports its impact on the environment from this April, to meet requirements of the Paris Agreement which come into force in 202.
It means the company won’t just report on its carbon emissions.
Chief Executive Alan Bates said: “Core to Guernsey Electricity’s activity is serving Guernsey and this includes balancing security of supply, cost and environmental impacts. This means staying abreast of international best practice for reporting. Carbon emissions is a focus for energy providers the world over and as the Kyoto Protocol is phased out in favour of the Paris Agreement, Guernsey Electricity aims to lead the way in terms of adhering to its requirements, a very significant proportion of which is carbon emission reporting.”
The new reporting methodology will see Guernsey Electricity disclose all its greenhouse gas emissions, rather than just carbon as previously. The data can also be broken down into direct emissions sources, such as fuel used in energy generation and company vehicles, as well as indirect emissions, for example imported electricity.
Alex Herschel, Environmental Specialist at Guernsey Electricity, said: “Carbon emissions is a global issue and it is vital that Guernsey is not only part of the debate but an active member of the wider community working to reduce carbon emissions. Aligning our reporting with best practice guidelines is essential for businesses based on Guernsey with global or UK headquarters which are required or volunteer to report on their greenhouse gas emissions.”
Latest figures show, in the current financial year, 86% of the energy supplied by Guernsey Electricity is already low carbon. Of that, 34% coming from hydroelectric plants and 52% from nuclear, both supplied through the cable link with France.