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