The Carbon Reduction Commitment and Retailing

Jane MilneDirector of Business Environment

British Retail Consortium

BRC Retail Members

We represent:

• Over 80% of the retail industry.

• 30,000 smaller and medium sized retailers.

• Over 70 major retail members, with over 190 facias

• A broad church of large to small; out of town to high street; food and non-food; stores and online/direct.

Where is energy on your Board’s priorities?

• Insert cost diagram to demonstrate how trivial energy costs are

Retail Stocks

Are you a near miss - or are you still caught?

• If you had at least one HHM but less than 6,000 MWh (~£0.5m) electricity consumption you have to make information disclosures

• If you used over 3,000 MWh (~£0.25m) this includes total annual consumption

• If your non-inventory turnover is around [£12m] pa as a non-food retailer this could apply to you - or a lower figure for a food retailer with refrigeration

Are you a tenant - or a landlord?

• Wherever you are a tenant, if your landlord is the counterparty for the electricity supply, they are responsible for the emissions - but do you understand what is being done to improve energy efficiency and what the impact on your service charges will be?

• Wherever you are a landlord, the reverse will be true - what are you doing about it?

Groups, parents and franchises• All fascia should be under a single registration and report, with any single subsidiary which would qualify in its own right separately identified (M&A)

• Default is for parent company to report, but if the group includes manufacturing capacity, would this company have more expertise?

• Are you able to capture and verify data from franchisees? Are you building provisions into your franchise contracts to require information exchange and incentivise energy efficiency