Carbon Reduction Plan

Supplier name: BPI Auctions
Publication date: February 2025

Commitment to achieving Net Zero

BPI auctions is committed to achieving Net Zero emissions by 2050, with an intention to set near-term reduction targets to reduce Scope 1, 2 and 3 emissions by 2030.

Baseline Emissions Footprint

Baseline emissions are a record of the greenhouse gases that have been produced in the past and were produced prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reduction can be measured.

We are currently finding the right partner to help us establish our total (tCO2e) emissions broken down by scope 1, 2 & 3.

Emissions reduction targets

Whilst we establish our baseline emissions and have a full understanding of where the opportunities for reductions lie, we have set the following environmental KPIs as part of our commitment to ISO 14001:

• Reducing electricity consumption in kw hours by 10.8% from 2023 to 2025
• Reducing water consumption measured in m3 by 8.5% from 2023 to 2025
• Reducing Diesel in FLTs measured in litres by 3.3% from 2023 to 2025
• Controlling Diesel in other vehicles to no more than a 13% increase in litres by from 2023 to 2025

Diesel consumption in vehicles is expected to go up in the short term due to business growth. As we move forward, we may look to set a physical intensity target over an absolute reduction as we look to grow the business over the next 5 years. This will be balanced with promoting a culture of car sharing, and the gradual transition to hybrid and or electric vehicles.

Carbon reduction projects

The following environment management measures and projects have been put in place since 2022:

• The installation of solar photovoltaic panels at our Head office in Normanton.
• Introduced recycling facilities

We still feel like we are at the start of our sustainability journey and have the following plans for the future:

• Achieving ISO14001 in the first half of 2025.
• Establishing our baseline emissions.
• Setting near term targets for scope 1, 2 and 3 emission reduction.
• Working to establish carbon savings for our clients who sell through our auctions.
• Educating the business community how using our services can fuel the circular economy.
• Colleague training.
• Ethical and sustainable procurement policies

Declaration and sign off

This Carbon Reduction plan has been completed in line with PPN 06/21 and associated guidance and reporting standard for Carbon Reduction Plans.

In the future or emissions will be reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard and will use the appropriate Government emission conversion factors for greenhouse gas company reporting.

This Carbon Reduction Plan has been reviewed and signed off by Managing Director.

David Boulton
Managing Director