Commitment to achieving Net Zero

Spyder Events Ltd (trading as Spyder Motorcycles) 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: 2025
Additional Details relating to the Baseline Emissions calculations.
Spyder Events Ltd is reporting its greenhouse gas emissions for the first time. As such, there is no previous emissions data available, and the 2025 reporting period has been adopted as the baseline year. Scope 1 and Scope 2 emissions have been calculated using available fuel and energy consumption data and UK Government conversion factors. Scope 3 emissions have been reported in accordance with PPN 06/21 requirements; however, due to this being the initial reporting period, some categories have been estimated using available data and reasonable assumptions where complete datasets are not currently available. Data collection processes will be improved in future reporting years to increase accuracy and completeness.
Baseline year emissions:
EMISSIONS	TOTAL (tCO₂e)
Scope 1	30.74 tCO₂e Scope 1 emissions comprise direct greenhouse gas emissions from sources owned or controlled by Spyder Events Ltd. For the 2025 reporting period, these emissions primarily arise from the combustion of diesel fuel within company-owned vans used for the transportation and logistics of motorcycles and equipment. Total diesel consumption for the reporting period was 11,468 litres. Emissions have been calculated using UK Government greenhouse gas conversion factors for diesel combustion, resulting in total Scope 1 emissions of 30.74 tCO₂e. Fugitive emissions, such as refrigerant leakage from air conditioning systems, have not been identified as a material source for the reporting period and are therefore considered negligible. Scope 1 emissions represent a key area of focus for Spyder Events Ltd, particularly due to the reliance on diesel-powered vehicles as part of core operations. Future carbon reduction initiatives will consider opportunities to reduce fuel consumption and transition to lower-emission alternatives where operationally feasible.
Scope 2	2.51 tCO₂e Scope 2 emissions comprise indirect greenhouse gas emissions from the consumption of purchased electricity. For the 2025 reporting period, electricity consumption across Spyder Events Ltd’s two operational units has been estimated based on total annual expenditure of approximately £3,900. Due to the absence of complete kWh consumption data, electricity usage has been estimated using an average UK electricity price of £0.28 per kWh. This results in an estimated electricity consumption of 13,929 kWh. Emissions have been calculated using the UK Government location-based electricity emission factor, resulting in total Scope 2 emissions of 2.51 tCO₂e. Spyder Events Ltd has transitioned to a green energy tariff during 2026 and will seek to improve data accuracy in future reporting periods by capturing actual consumption data directly from supplier records.
Scope 3 (Included Sources) Categories 4 & 9 (Transportation), Category 5 (Waste), Category 6 (Business travel), and Category 7 (Employee commuting).	Category 4 & 9 – 0.21 tCO₂e Transportation-related emissions (Scope 3, Categories 4 and 9) include the use of third-party courier and postal services for the occasional delivery and receipt of goods such as parts, components, and small items. Due to the nature of operations, the majority of transport activities undertaken by Spyder Events Ltd are carried out using company-owned vehicles, with only limited reliance on outsourced courier services. As a result, emissions from these activities have been calculated using a spend-based methodology. Total annual expenditure on courier and delivery services has been estimated at £1,146 based on operational records and reasonable estimates of shipping activity during the reporting period. Applying appropriate UK Government emission factors, total emissions from third-party transportation services are calculated at 0.21 tCO₂e for the 2025 reporting period. Spyder Events Ltd will continue to monitor courier usage and aims to improve the accuracy of data collection in future reporting periods. Category 5 – 1.51 tCO₂e Waste generated in operations (Scope 3, Category 5) includes general waste, waste oil, and end-of-life tyres produced through workshop and office activities. Waste volumes have been estimated based on bin sizes and collection frequency. Tyre waste has been estimated based on disposal costs and typical unit weights. Total waste emissions for the 2025 reporting period are estimated at 1.51 tCO₂e. Spyder Events Ltd will aim to improve data accuracy in future reporting periods through enhanced data collection processes. Category 6 – 1.82 tCO₂e Business travel emissions (Scope 3, Category 6) include ferry and air travel undertaken by employees during the reporting period. Emissions have been calculated using distance-based methodology, applying standard UK Government emission factors to known travel routes. Total business travel emissions for 2025 are estimated at 1.82 tCO₂e. Spyder Events Ltd will continue to monitor and seek to reduce emissions associated with business travel where practicable. Category 7 – 25.21 tCO₂e Employee commuting emissions (Scope 3, Category 7) have been calculated based on employee commuting distances, working patterns, and modes of transport. Emissions have been estimated assuming two journeys per day, five days per week, and 50 working weeks per year. A standard UK average emission factor for passenger vehicles has been applied. Car sharing has been accounted for where applicable. Total employee commuting emissions for the 2025 reporting period are estimated at 25.21 tCO₂e.
Total Emissions	62.00 tCO₂e Total emissions for the 2025 baseline year are 62.00 tCO₂e across Scope 1, Scope 2, and relevant Scope 3 categories.

Emissions reduction targets

In order to continue our progress to achieving Net Zero, we have adopted the following carbon reduction targets.

We project that carbon emissions will decrease over the next five years to 50 tCO₂e by 2030. This is a reduction of 20%

Progress against these targets can be seen in the graph below:

Carbon Reduction Projects

Completed Carbon Reduction Initiatives

The following environmental management measures and projects have been completed or implemented since the 2025 baseline. These include the transition to a green energy tariff with our electricity provider, the ongoing upgrade of lighting to energy-efficient LED systems, and the promotion of sustainable staff travel practices such as car sharing and the use of motorcycles for commuting.
As this is the first year of carbon reporting and the baseline year, the carbon emission reduction achieved by these schemes is currently 0 tCO2e, representing a 0% reduction against the 2025 baseline.
These measures have been recently implemented and will contribute to emissions reductions in future reporting periods and will be in effect when performing the contract.

Future carbon reduction initiatives

In the future, Spyder Events Ltd intends to implement a range of further carbon reduction measures to support its transition towards Net Zero.

These initiatives include:

– Transition to a green energy tariff with our electricity provider (E.ON), ensuring that a greater proportion of our electricity is sourced from renewable generation.

– Continued upgrade of site lighting to energy-efficient LED systems, improving overall energy efficiency across office and workshop environments.

– Promotion of sustainable travel among staff, including increased use of car sharing and the use of motorcycles for commuting where appropriate, helping to reduce emissions associated with employee travel.

Spyder Events Ltd will continue to identify and implement further carbon reduction opportunities as part of its ongoing sustainability strategy, with a focus on reducing emissions across all operational areas.

Declaration and Sign Off

This Carbon Reduction Plan has been completed in accordance with PPN 006 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^[1] and uses the appropriate Government emission conversion factors for greenhouse gas company reporting ^[2].

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

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