- Increased cost of supply due to increased demand for second-hand products and intensified competition.
- Increased stakeholder concern regarding environmental impact.
- Maintaining FCA authorisation for offering credit hire agreements and BNPL payment options.
musicMagpie plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, musicMagpie plc disclosed greenhouse gas emissions of 36.8K tCO2e/year. By scope: Scope 1: 320.4 tCO2e/year; Scope 2: 6.4 tCO2e/year; Scope 3: 36.4K 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
36.8K tCO2e/year
2023
Renewable Energy
100% (electricity)
of total energy
Energy Use
2.7M kWh/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). | 320.4 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 6.4 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 36.4K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved Zero Waste to Landfill accreditation for UK Distribution centres.
- Reduced average gas oil consumption by 11% following the implementation of an energy management system (EMS) at Hazel Grove.
- Upgraded lighting systems at multiple UK facilities, resulting in energy savings.
- Removed paper towels from washrooms, replacing with hand dryers, saving approximately £20k per year and reducing waste.
- Over 8.4m items given a ‘second life’ per annum.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net zero emissions by 2038
🌱 ESG Focus Areas
CircularitySustainabilityCommunity InvestmentEmployee Well-beingClimate Change