Climate Change Data

Drax Group plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:486 ktCO2e (Scope 1 & 2 location-based)
Scope 1 Emissions:255 ktCO2e
Scope 2 Emissions:231 ktCO2e (location-based)
Scope 3 Emissions:3,534 ktCO2e
Renewable Energy Share:99.9% (generation)
Total Energy Consumption:34,113 GWh
Water Consumption:45,058,529 m3 (Power Generation abstracted)
Waste Generated:47,322 tons

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced Scope 1 and 2 generation CO2e emissions from 310 ktCO2e in 2022 to 141 ktCO2e in 2023
  • 99.9% of generation output from renewable sources in 2023

Social Achievements

  • Reduced Total Recordable Incident Rate (TRIR) from 0.44 per 100,000 hours in 2022 to 0.38 in 2023
  • Employee engagement score of 79%

Governance Achievements

  • 88% of employees completed an Annual Business Ethics Declaration
  • 92% of employees completed Code of Conduct eLearning refresh

Climate Goals & Targets

Medium-term Goals:
  • 75.7% reduction in Scope 1 and 2 emissions from electricity generation by 2030
  • 75.7% reduction in Scope 1, 2, and 3 emissions from all sold electricity by 2030
  • 42% reduction in non-generation Scope 1 and 2 emissions by 2030
  • 42% reduction in Scope 3 emissions by 2030

Environmental Challenges

  • Double counting of emissions in Scope 2 due to internal electricity consumption and generation
  • Complexity in calculating Scope 3 emissions from the biomass pellet supply chain
  • Inconsistent methods for collating contractor hours across business units
Mitigation Strategies
  • Obtained an understanding of reporting boundaries and accounting methods to address double counting in Scope 2
  • Validated Scope 3 boundary against GHG protocol guidance and performed end-to-end checks of biomass pellet supplier calculations
  • Obtained an understanding of data collection and reporting processes for contractor hours and sample tested hours across business units

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GHG Protocol, SBTi

Third-party Assurance: PricewaterhouseCoopers LLP