Carbon Reduction Plan
Commitment to achieving Net Zero
Prescient Labs 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.
Prescient Labs is an early-stage company and this Carbon Reduction Plan covers our first reporting period. As this is our first year of emissions reporting, our baseline emissions and current reported emissions are the same in this initial plan. Future annual updates will track year-on-year changes from this baseline.
Baseline year emissions:
| Emissions | Total (tCO2e) |
|---|---|
| Scope 1 | 0 - Do not directly emit any CO2 based on our activities |
| Scope 2 | 0 - Part of a co-working space. Do not control energy usage. |
| Scope 3(Included Sources) | 1.008 tCO₂e |
| Total Emissions | 1.008 tCO₂e |
Current Emissions Reporting
| Emissions | Total (tCO2e) |
|---|---|
| Scope 1 | N/A |
| Scope 2 | N/A |
| Scope 3(Included Sources) | N/A |
| Total Emissions | N/A |
Emissions reduction targets
In order to continue our progress towards achieving Net Zero, Prescient Labs has adopted proportionate and achievable carbon reduction targets aligned with our current stage of growth.
As an early-stage, digital-first organisation, our baseline emissions are already low. Our primary focus is on maintaining a low-emissions operating model while implementing practical measures to reduce emissions intensity as the business grows.
We are committed to achieving Net Zero greenhouse gas emissions by 2050 at the latest.
Over the next five years, we aim to:
- maintain low absolute emissions through a remote-first and low-travel operating model;
- minimise business travel where possible and prioritise lower-carbon transport options such as rail over air;
- monitor and manage emissions from business travel as the company scales;
- review supplier and infrastructure choices, including cloud and workspace providers, with consideration of environmental impact where feasible;
- establish more granular emissions tracking as the organisation grows.
Given the company's early stage and low baseline emissions, we will establish quantified reduction targets in future reporting periods as more complete and consistent emissions data becomes available. Future Carbon Reduction Plans will track year-on-year changes against this baseline.
Carbon Reduction Projects
Completed Carbon Reduction Initiatives
The following environmental management measures and projects have been implemented since the 2026 baseline. As this is Prescient Labs' first year of emissions reporting, quantified reductions against a prior baseline are not yet available. Future annual updates will track year-on-year changes.
Prescient Labs operates a low-emissions, digital-first model and has already implemented the following measures:
- Adoption of a remote-first and flexible working model, reducing the need for commuting and office energy consumption
- Cycling as the primary commuting method for employees, resulting in negligible commuting emissions
- Preference for rail travel over air travel for UK business journeys where feasible
- Limited and selective use of air travel, only where operationally necessary
- Use of shared coworking space, avoiding the need for dedicated office infrastructure and associated energy consumption
- A minimal physical footprint, with low levels of waste and limited procurement of physical goods
These measures contribute to maintaining a low overall emissions baseline.
Future Carbon Reduction Initiatives
In the future, Prescient Labs intends to implement further measures as the business grows, including:
- Continued minimisation of business travel, with a preference for rail over air and increased use of remote collaboration tools
- Introduction of formal travel policies to manage and reduce emissions as headcount increases
- Engagement with suppliers (e.g. cloud and workspace providers) to understand and consider environmental impact in procurement decisions
- Improvement of emissions tracking and data collection, including more granular measurement of Scope 2 and Scope 3 emissions
- Exploration of lower-carbon infrastructure options, including renewable energy-backed providers where feasible
- Ongoing review of operational practices to ensure emissions remain proportionate to business growth
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 and uses the appropriate Government emission conversion factors for greenhouse gas company reporting.
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.
This Carbon Reduction Plan has been reviewed and signed off by the board of directors (or equivalent management body).
