| Targets | Scope 1 & 2 |
Scope 1 gaseous & other fuels |
Scope 1 transport (Company cars) |
Scope 2 electricity | Scope 3 business air travel | Scope 3 value chain |
|---|---|---|---|---|---|---|
| Baseline 2019 4,580 tonnes of CO2 |
Baseline 2019 c.1,000 tonnes of CO2 |
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| 2024 25% reduction |
2024 Convert 24% fleet to electric/hybrid |
2024 50% reduction |
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| 2025 Carbon Neutral |
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| 2027 35% reduction |
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| 2030 50% reduction |
2030 50% reduction |
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| 2035 90% reduction |
2035 90% reduction |
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| 2035 Net zero |
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| 2045 Net zero |
We have worked on the net zero strategy throughout 2021 and have analysed the data for Scopes 1, 2 and 3 in accordance with the Greenhouse Gas (“GHG”) Protocol. In the SECR report on page 58, we have set our energy efficiency measures for the next five years to begin decarbonising our Scope 1 and 2 emissions.
We have set near-term targets as we journey to be net zero for Scope 1 and 2 by 2035 and Scope 3 by 2045. Over the coming months, the Board will review the various strategic options to achieve our near and long-term targets.