76%
reduction in absolute emissions
Scope 3 Emmissions
We've reduced our Scope 1 & 2 emissions by 76% since 2020. This performance is driven by electrification of energy sources, the continued roll-out of renewable electricity tariffs and transition fuel, Hydrogenated Vegetable Oil (HVO), as a replacement for more carbon-intensive diesel.
Total Scope 1 and 2 emissions
market based (tCO2e)
2023
2024
2020
6,306
1,714
1,539
Scope 1 & 2 Emmissions
21%
Reduction in absolute Scope 3 emissions
Total Scope 3 emissions
(tCO2e)
2020
370,776
2023
367,129
2024
292,886
This spend-based approach uses Environmentally-Extended Input-Output data which align to US dollars. This highlights the importance of moving away from a spend-based approach and demonstrates the benefits that our data improvement programme will provide in 2023 and beyond.
We've reduced our Scope 3 emissions by 21%. This is a result of improved accuracy in our purchased goods and services category. This has been driven by transitioning from a spend based approach to material specific quantities and emissions for key materials such as concrete and steel, and our efforts to procure low carbon concrete and steel, our 2 biggest carbon hotspots.
Find out more at netzero.srm.com
Find out more at netzero.srm.com