Carbon-Reduction-Plan

PharmBot AI Limited

Date: January 2025

 

1. Commitment to Achieving Net Zero

PharmBot AI Limited is committed to achieving Net Zero carbon emissions by 2050 in accordance with UK government policy and the NHS Net Zero Supplier Roadmap. We recognize the importance of sustainability and are actively implementing measures to reduce our environmental impact.

 

2. Baseline Emissions Footprint

Baseline Year: 2024
Baseline emissions are the first set of greenhouse gas (GHG) emissions data that we measure and use as a reference for future reductions.
 
Baseline Emissions Data (2024):

Emissions Source

  • Scope 1 (Direct emissions from owned/controlled sources)
  • Scope 2 (Indirect emissions from purchased electricity)
  • Scope 3 (Other indirect emissions, including business travel, supply chain)
  • Total Emissions (2024)
Tonnes CO₂e

  • 0 (No direct emissions – no company-owned vehicles or combustion sources)
  • 2.5 (Based on office energy use)
  • 4.2 (Business travel, IT infrastructure, cloud computing, procurement)
  • 6.7 Tonnes CO₂e

 

3. Current Emissions Reporting

The latest emissions reporting period is January 2024 – December 2024, with total emissions recorded at 6.7 tonnes CO₂e. This report will be updated annually.

 

4. Carbon Reduction Initiatives

PharmBot AI Limited has implemented the following carbon reduction measures and will continue to develop sustainability strategies:

Energy Efficiency Measures:

  • Transitioning to 100% renewable electricity for all office locations.
  • Implementing energy-efficient IT equipment and automated power-down protocols.

Sustainable Business Operations:

  • Remote-first work model to minimize commuting and business travel.
  • Prioritizing digital-first communication to reduce paper and printing use.
  • Cloud computing efficiency improvements by partnering with data centers powered by renewable energy.

Supply Chain & Procurement:

  • Engaging suppliers with sustainable procurement policies aligned with Net Zero commitments.
  • Preferring vendors with robust environmental, social, and governance (ESG) policies.

Business Travel & Transport:

  • Encouraging virtual meetings to reduce travel emissions.
  • Switching to low-carbon transport options (e.g., public transport, electric vehicles for necessary travel).

 

5. Carbon Reduction Targets

We aim to reduce total emissions by 50% by 2035 and achieve Net Zero by 2050 through:

  • Year-on-year reductions of 5-7% in Scope 2 and Scope 3 emissions.
  • Phasing out non-renewable energy sources and improving operational efficiency.
  • Integrating AI-powered sustainability initiatives into our business model.

 

6. Governance & Reporting

  • PharmBot AI Limited’s Board of Directors has approved this Carbon Reduction Plan.
  • Annual progress reports will be published on our website (www.pharmbotai.com/carbon-reduction-plan).
  • Emission reductions will be independently verified where possible to ensure transparency.

 

7. Declaration & Approval

This Carbon Reduction Plan has been approved by the Board of Directors of PharmBot AI Limited and is publicly available online.

Signed:
Asif Mukhtar
Founder & Director, PharmBot AI Limited
Date: January 2025