Vp plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-2024🗂️ Report periods on file: 2023-2024, 2015, 2014

In its 2023-2024 reporting, Vp plc disclosed greenhouse gas emissions of 373.2K tCO2e (market-based). By scope: Scope 1: 15.1K tCO2e (global); Scope 2: 1.9K tCO2e (global location-based); Scope 3: 355.8K 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
373.2K tCO2e (market-based)
2023-2024
⚡
Renewable Energy
100% (UK estate by 2030)
of total energy
⚙️
Energy Use
64.9m kWh (global)
2023-2024

📊 Emissions by Scope (2023-2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).15.1K tCO2e (global)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.9K tCO2e (global location-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).355.8K 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 periodHeadline emissions figure reported
2023-2024373.2K tCO2e (market-based)
201520.8K tCO2e
201415.2K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce waste production intensity 30%, recycle >85% waste, divert >95% waste from landfill by 2025
  • Reduce energy consumption intensity 20% by 2025
  • Majority of top 250 suppliers by emissions to have science-based emissions reduction targets by 2025
  • All employees to be carbon literate and trained in sustainability by 2025

📅 Medium-term

  • Reduce absolute Scope 1 GHG emissions 50% by FY2032
  • Reduce absolute Scope 3 GHG emissions 50% by FY2032
  • Increase annual sourcing of renewable electricity to 100% by FY2030

🔭 Long-term

  • Net zero GHG emissions across the value chain by 2050

🌱 ESG Focus Areas

Minimising the impact of operationsProactive approach to customer and market sentiment regarding sustainabilityColleagues and CommunitySupply Chain

⚠️ Challenges & Risks +

  • Managing Scope 3 emissions across upstream and downstream activities
  • Meeting increasing customer demands for sustainability disclosures
  • Balancing commercial and sustainable strategies
  • Limited availability of renewable energy in international operations
  • Long useful economic life of assets impacting speed of emissions reduction

📋 Report Information

Reporting Period: 2023-2024
Frameworks: TCFD, SBTi, IFRS S1 and S2 (planned), SDGs