Climate Change Data

The Brighton Pier Group plc

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:949.6 tCO2e/year (Scope 1 & 2 location-based)
Scope 1 Emissions:195.1 tCO2e/year
Scope 2 Emissions:754.5 tCO2e/year (location-based)
Renewable Energy Share:98%
Total Energy Consumption:4715.3 MWh/year
Carbon Intensity:27.3 tCO2e/£m (2023), 23.1 tCO2e/£m (2022)

ESG Focus Areas

  • Climate change
  • Employee wellbeing and development (including diversity and inclusion)
  • Customers
  • Local communities

Environmental Achievements

  • 98% of the Group’s electricity was provided under green tariffs during 2023 (2022: 100%).
  • Lightwater Valley uses eco-friendly biomass heating systems.
  • Lightwater Valley is situated adjacent to third-party operated solar arrays, which directly provide up to 40% of the park's electricity needs.

Social Achievements

  • The Pier hosted two evening meals to raise funds in support of Together Co, a local charity.
  • The Group works with local service providers who help support young and vulnerable people into work.
  • Lightwater Valley has strong links with the military community and offers discounts and special days out for the families of serving personnel.

Governance Achievements

  • Reported in line with the UK Companies (Strategic Report) (Climate-Related Financial Disclosures) Regulation 2022.
  • Developed a climate-specific risk register.
  • Established a new series of KPIs to improve employee engagement and wellbeing.

Climate Goals & Targets

Medium-term Goals:
  • Net Zero (Scope 1, 2 and 3 emissions) by 2040
Short-term Goals:
  • Carbon neutral (Scope 1 & 2 emissions only) by 2030

Environmental Challenges

  • Inflationary pressures restricting disposable incomes and affecting footfall and revenue.
  • Significant cost increases in food & beverage, wages, and insurance.
  • Exceptionally poor weather during key summer trading months.
  • Disruption caused by train strikes and a fire at the Royal Albion Hotel.
  • Weak trading in the Bars division due to economic and social pressures.
  • Subdued trading in early 2024 due to high interest rates and living costs, and unhelpful weather conditions.
Mitigation Strategies
  • Implemented operational efficiencies during the Park’s closure.
  • Disposed of three loss-making sites in the Bars division.
  • Completed the second stage refinancing of borrowing facilities, providing additional operational flexibility and reducing interest costs.
  • Made a final repayment on Coronavirus Business Interruption Loans.
  • Intends to charge for admission to the Pier during peak trading periods (excluding Brighton residents).
  • Introduced improvements to the catering operation at Lightwater Valley.
  • Undertook a comprehensive review of staff allocations at Lightwater Valley.

Supply Chain Management

Responsible Procurement
  • Aims to source locally wherever possible.
  • Uses biodegradable packaging.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Flooding
  • Rising temperatures
  • Rising sea levels
  • Water scarcity
  • Wildfires
Transition Risks
  • Carbon pricing
  • Consumer habits
  • Cost of energy
  • Legislation and policy
  • Stakeholder sentiment
  • Technology
Opportunities
  • Warmer weather
  • Increased energy efficiencies
  • Changing consumer preferences

Reporting Standards

Frameworks Used: TCFD