- Data availability and quality in measuring Scope 3 emissions
- Supply chain disruptions due to geopolitical instability
- Uncertainty of government policy
- Risk of greenwashing accusations
- Need for increased recycling infrastructure
Reconomy
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Reconomy disclosed greenhouse gas emissions of 190.4K tCO2e/year. By scope: Scope 1: 11.1K tCO2e/year; Scope 2: 295.57 tCO2e/year (market-based), 2,996.90 tCO2e/year (location-based); Scope 3: 178.9K 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
190.4K tCO2e/year
2023
Renewable Energy
77.85% of total energy use
of total energy
Water Usage
32.35 m3/year
2023
Waste
4.0K tons/year
2023
Energy Use
16.8M MWh/year
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). | 11.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 295.57 tCO2e/year (market-based), 2,996.90 tCO2e/year (location-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 178.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced full-scope carbon intensity by 49.7%
- 95.4% of electricity from renewable sources
- Nearly 98.5% of waste diverted from landfill (UK Recycle outsourced)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon intensity on 2021 levels by 12% by 2028
- Increase active annual sourcing of renewable electricity to 100% by 2028
- Implement Climate and Nature Positive Strategy and Reconomy Environmental Action Plan (REAP) by 2024
📅 Medium-term
- Reduce absolute Scope 1 and 2 GHG emissions to 33.6% by 2028 from a 2021 base year
- Reduce Scope 3 GHG emissions 44% per USD value added by 2028
- Increase tonnage reused/circular vs total by 2025
🔭 Long-term
- Reach net zero GHG emissions across the value chain by 2040
🌱 ESG Focus Areas
Environmental valueSocial valueBusiness value