- Economic headwinds impacting trading locations (Isle of Man and UK)
- Rising energy costs and supply chain disruptions
- FCA review of variable commission arrangements in the motor finance sector
Manx Financial Group PLC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Manx Financial Group PLC disclosed greenhouse gas emissions of 141.3 tCO2e. By scope: Scope 1: 9.22 tCO2e; Scope 2: 44.95 tCO2e; Scope 3: 87.11 tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
141.3 tCO2e
2023
Waste
1.18 tons
2023
Energy Use
246 MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 9.22 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 44.95 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 87.11 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 141.3 tCO2e |
| 2022 | 37.3 tCO2e/year (Scope 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon footprint to 141.3 tonnes CO2 equivalent in 2023 (from 120.38 in 2022)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Include Scope 3 Category 1 (Purchased Goods & Services) and Category 7 (Employee commuting) in 2024 carbon footprint assessments
📅 Medium-term
- Achieve decarbonisation targets for scope 1, 2 and 3 emissions aligned with the 1.5C warming scenario by 2030
🌱 ESG Focus Areas
Carbon footprint reductionSustainable product developmentDiversity, equity, and inclusionWorkforce upskilling on ESG matters