Carbon Reduction Policy

Carbon Reduction Plan

Supplier name: Pace-XL Ltd

Publication date: 1 November 2026

Commitment to achieving Net Zero
Pace-XL is committed to achieving Net Zero emissions by 2050.

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.

Baseline Year: 2023
Additional Details relating to the Baseline Emissions calculations.
Emissions data had not been published in prior years; therefore, 2023 was selected as the base year. The calculations were completed using the SSE Carbon Footprint Calculator for UK Businesses and UK Government emissions factors.
Baseline year emissions:
EMISSIONS	TOTAL (tCO₂e)
Scope 1	0.6
Scope 2	3.9
Scope 3 (Included Sources)	57.8 Pace is a professional services organisation in the UK that supplies consulting services. Scope 3 activities are limited to business travel and employee commuting.
Total Emissions	62.26

Current Emissions Reporting

Reporting Year: 2025/26
EMISSIONS	TOTAL (tCO₂e)
Scope 1	1.87
Scope 2	12.14
Scope 3 (Included Sources)	179.98 Pace is a professional services organisation in the UK that supplies consulting services. Scope 3 activities are limited to business travel and employee commuting.
Total Emissions	193.9

Emissions reduction targets

We have had no previous emissions reduction commitment. In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.

As an organisation founded in 2020, Pace has more than doubled in size since the initial baseline in 2023 which is reflected in the increase shown.

carbon-reduction-target-1

Carbon Reduction Projects

Completed Carbon Reduction Initiatives

The following environmental management measures and projects have been introduced since the company’s inception in 2020:

• Remote-first working since company inception
• Minimising travel requirements and encouraging green travel options
• Tree planting initiatives
• Launch of Pace's Corporate Social Responsibility Initiative
• Annual 3% profit donation to charity
• Launch of Pace's electric car scheme
• Operating from a co-work space rather than owning office space
• Pro-bono consulting services, including environmental and climate-tech organisations

Future carbon reduction initiatives

Pace continues to develop its carbon reduction programme with particular focus on the sources of emissions most relevant to a professional services organisation. We continue to reduce business travel through digital-first client delivery; prioritising lower-carbon travel options where travel is necessary; supporting increased use of electric vehicles and public transport; and monitoring employee commuting and business travel emissions.

Pace will also introduce environmental considerations into the procurement and management of IT equipment, professional services, co-working facilities and company events. This will include extending equipment life where appropriate, responsible reuse and recycling, selecting environmentally responsible suppliers, reducing waste and favouring workplaces and venues with good public-transport accessibility and credible environmental credentials.

Carbon performance will be reviewed annually against Pace's 2023 baseline. Progress will be used to identify further reduction opportunities and support Pace's commitment to achieving Net Zero by 2050. Carbon offsetting will only be considered for residual emissions following reasonable and practicable measures to reduce emissions at source.

Declaration and Sign Off

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

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol corporate standard, using the appropriate Government emission conversion factors for greenhouse gas company reporting. Government emission conversion factors for greenhouse gas company reporting.

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements. The required subset of Scope 3 emissions has been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard.

This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).