Climate Change Data

Null

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:40% (2021)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Energy Security
  • Economic Growth
  • Biodiversity
  • Nature Restoration

Environmental Achievements

  • Reduced emissions by 48% between 1990 and 2021 (faster than any other G7 country)
  • Reached 40% renewable energy share in 2021
  • Installed 14GW of offshore wind by 2023
  • Reduced gas flared and vented gas by 20.1% and 22.2% respectively in 2021 relative to 2020
  • Reduced total UK net GHG emissions (including international aviation and shipping) by 6% since 2019 and 73% since 1990 in the power sector
  • Reduced total UK net GHG emissions (including international aviation and shipping) by 18% since 2019 and 66% since 1990 in the fuel supply sector
  • Reduced total UK net GHG emissions (including international aviation and shipping) by 3% since 2019 and 52% since 1990 in the industry sector
  • Reduced total UK net GHG emissions (including international aviation and shipping) by 5% since 2019 and 19% since 1990 in the buildings sector
  • Reduced total UK net GHG emissions (including international aviation and shipping) by 11% since 2019 and 15% since 1990 in the domestic transport sector

Social Achievements

  • Supported or created over 80,000 green jobs since November 2020
  • Targeted public funding strategically to support green technologies and infrastructure
  • Launched the Boiler Upgrade Scheme, receiving 14,000 voucher applications
  • Delivered improvements to circa 36,000 homes through 'Help to Heat' schemes, with average annual energy bill savings of approximately £250 per household
  • Increased the total number of plug-in vehicles on UK roads to over one million licensed
  • Published the Cycling and Walking Investment Strategy (CWIS2)
  • Launched Active Travel England to support local authorities in developing walking, wheeling and cycling routes

Governance Achievements

  • Strong legal framework for reaching net zero emissions by 2050 (Climate Change Act 2008 and Environment Act 2021)
  • Established Great British Nuclear
  • Published the Net Zero Strategy (October 2021)
  • Published the Environmental Improvement Plan (January 2023)
  • Published the Net Zero Growth Plan (2023)
  • Established the Domestic and Economic Affairs (Energy, Climate and Net Zero) Cabinet Committee
  • Published the 2023 Green Finance Strategy

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
  • Fully decarbonise the power system by 2035
  • Phase out all new and replacement natural gas boilers by 2035 at the latest
Medium-term Goals:
  • Achieve 30% renewable energy by 2030 (example)
  • Deliver up to 50GW of offshore wind by 2030
  • Deliver 10GW of low carbon hydrogen production capacity by 2030
  • Reduce GHG emissions from oil and gas production by 50% by 2030
  • Capture and store 20-30Mt CO2 per year by 2030 through CCUS
Short-term Goals:
  • Reduce water consumption by 10% by 2025 (example)
  • Achieve 600,000 heat pump installations per year by 2028
  • Reduce the UK’s final energy consumption from buildings and industry by 15% by 2030 compared to 2021 levels

Environmental Challenges

  • High household energy bills
  • Volatile international energy markets
  • Potential consequences of not keeping the 1.5°C Paris Agreement goal in reach
  • Supply chain disruptions
  • Barriers to investment in net zero technologies
  • Skills gaps in the green economy
  • Carbon leakage
Mitigation Strategies
  • Moving to cleaner and cheaper energy
  • Investing in nature-based solutions
  • Developing alternative sourcing strategies
  • Providing long-term certainty and strategic de-risking for investors
  • Targeted public investment
  • Developing and deploying new technologies
  • Upskilling and reskilling the workforce
  • Implementing policies to mitigate carbon leakage

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Government procurement policies requiring suppliers to commit to net zero and detail their emissions

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Growth of green industries

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)
  • Goal 15 (Life on Land)

The initiatives outlined in the report contribute to these goals through various actions related to renewable energy, emissions reduction, and nature restoration.

Sustainable Products & Innovation

  • Heat pumps
  • Electric vehicles
  • Sustainable aviation fuels
  • Hydrogen
  • CCUS technologies

Awards & Recognition

  • Not disclosed