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Strategic report
OCU Group | Annual report and financial statements 2025
Governance
Financial statements
SECR statement for accounting period May 2024 – April 2025 Reporting and performance
OCU Group is committed to adhering to the Streamlined Energy and Carbon Reporting (SECR) requirements as specified in the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018. As an ‘unquoted large organisation’, we prioritise transparency and accuracy in our environmental reporting. The CO 2 e figures for this period are calculated using the 2024 UK Government Greenhouse Gas Conversion Factors for Company Reporting. Organisational boundaries OCU Group continues to employ the operational control approach, accounting for all operations where we have the authority to implement our own policies and procedures. We have consolidated greenhouse gas (GHG) emissions from various business elements to create a comprehensive summary. This report includes all GHG emissions and removals from facilities and operations under OCU Group’s operational control. Operational boundaries Defining the operational boundaries began by identifying all GHG sources that OCU Group should include in its inventory.
These sources were subdivided into three categories: • Scope 1: Direct GHG emissions are emissions from sources directly controlled by OCU Group, such as combustion of fuel to power plant and vehicles. • Scope 2: Energy indirect emissions are emissions associated with electricity production or other imported energy such as heat or steam. • Scope 3: Other indirect GHG emissions are emissions from the OCU Group supply chain controlled by external enterprises, such as material production, waste disposal (transport and processing) and business travel. Greenhouse gas emissions We are reporting the annual quantity of emissions in tonnes of carbon dioxide equivalent (tCO 2 e). We have used the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard, to ensure robust reporting. Certain Scope 3 GHG sources were excluded due to their insignificance and current technical infeasibility of quantification. This will be rectified in the coming financial year. Emissions statement During the current reporting year, we have utilised both activity-based and spend-based methods for data collection. For Scope 1 and 2 emissions, excluding natural gas and electricity for our facilities, we have relied on activity‑based reporting, using raw data to quantify the litres purchased. Scope 3 emissions, including business travel, employee commuting, and waste generated, have also been reported using activity-based methods. For all other data, we have employed the spend-based approach, calculating emissions based on the financial value of purchased goods and services.
Below are the consolidated emissions for the reporting period:
Energy consumption
2024/25
2023/24
2022/23
351,457
Natural gas
kWh
274,030
286,372
12,875,650
Diesel
litres
7,757,455
6,750,917
983,399
Petrol
litres
758,911
568,102
0
HVO
litres
1,900
4,070
3,896
Heating oil
litres
999
0
260,013
Propane
litres
229,046
217,220
2,016,134
Electricity (buildings)
kWh
1,805,997
1,483,996
105,224
Electricity (vehicles)
kWh
31,521
0
Total
151,617,095
kWh
94,086,740
81,052,845
Scope 1 emissions
2024/25
2023/24
2022/23
64.28
Natural gas
tCO 2 e tCO 2 e tCO 2 e tCO 2 e tCO 2 e tCO 2 e tCO 2 e
50.12
51.55
33,484.60
19,929.40
17,282.35
Diesel
2,049.80
1,588.26
1,227.10
Petrol
0
0.07
0.14
HVO
10.74
2.75
0
Heating oil
401.35
353.55
334.52
Propane
36,010.77
Total
21,924.15
18,895.66
Scope 2 emissions
2024/25
2023/24
2022/23
Electricity (buildings) – location based Electricity (vehicles) – location based
417.44
tCO 2 e
373.96
261.81
21.79
tCO 2 e tCO 2 e
6.53
0
439.23
Total
380.49
261.81
GHG emissions (Scope 1 & 2 only)
2024/25
2023/24
2022/23
36,450.00
Total GHG emissions
tCO 2 e
22,304.64
19,157.47
tCO 2 e/£m turnover
41.12
Emissions intensity
36.53
42.15
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