- Inconsistencies in units used to report GHG emissions data
- Complexity and resource-intensity of calculating GHG emissions data
- Need for more guidance on materially harmful pollutants
- Difficulty in analyzing the sustainability of supply chains
bLEND Funding Plc
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 99.5M KgCO2e; Scope 2: 21.2M KgCO2e; Scope 3: 989.3M KgCO2e. 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.
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 99.5M KgCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 21.2M KgCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 989.3M KgCO2e |
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 |
|---|---|
| 2022-04-01 to 2023-03-31 | 29.2B KgCO2e (Scope 1 & 2 from 23 borrowers) |
| 2021-04 to 2022-03 | 54.4K tonnes CO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 3.5% increase in existing homes with EPC rating of "C" or above compared to 2022/23
- 5.9% increase in newly developed homes with EPC rating of "A" compared to 2022/23
- Over two-thirds of bLEND borrowers have a net zero target and strategy in place
🎯 Climate & Sustainability Targets
🔜 Short-term
- Many housing associations aim to reach net zero before 2050, with interim targets in place.
📅 Medium-term
- Many housing associations without a net zero strategy are planning to develop one in the near to medium term future.
🔭 Long-term
- Many housing associations are increasing their ambitions by aiming to reach net zero before 2050
🌱 ESG Focus Areas
Climate ChangeEcologyResource ManagementAffordability and SecurityBuilding Safety and QualityResident VoiceResident SupportPlacemakingStructure and GovernanceBoard and TrusteesStaff WellbeingSupply Chain Management