Phoenix Energy

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Phoenix Energy disclosed greenhouse gas emissions of 15.4K tCO2e/year. By scope: Scope 1: 12.1K tCO2e/year; Scope 2: 114 tCO2e/year; Scope 3: 3.3K tCO2e/year. 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
15.4K tCO2e/year
2023
⚡
Renewable Energy
99%
of total energy
💧
Water Usage
0.9 Megalitres/year
2023
♻️
Waste
69.2K tonnes/year
2023
⚙️
Energy Use
17.5K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).12.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.114 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).3.3K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce scope 1 & 2 carbon emissions by >60% (excluding shrinkage) by 2030
  • Reduce energy consumed by >50% by 2030 (excluding shrinkage)
  • Reduce Scope 3 emissions by >60% by 2030
  • Facilitate the distribution of biomethane in the network by 2025

📅 Medium-term

  • Reduce scope 1 & 2 carbon emissions by >90% (excluding shrinkage) by 2035
  • Reduce energy consumed by >75% by 2040 (excluding shrinkage)
  • Reduce Scope 3 emissions by >80% by 2040
  • Facilitate the distribution of hydrogen in the network by 2027
  • Introduce 20% green gas into the network by 2030

🔭 Long-term

  • Net Zero emissions (including shrinkage) by 2050

🌱 ESG Focus Areas

Environmental ResponsibilityInvesting in our PeopleFostering our CommunityLeadership in the Marketplace

⚠️ Challenges & Risks +

  • Climate change impacts on operations
  • Transitioning to a low-carbon economy
  • Reducing GHG emissions (Scopes 1-3)

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, TCFD
Assurance: CarbonFit (for carbon footprint)