- Labour availability constraints due to Brexit and the Covid-19 pandemic.
- Cost inflation and supply chain issues exacerbated by the war in Ukraine.
- Significant problems relating to the disposal of the non-core construction division, DCB (Kent) Limited, resulting in a £12.6 million loss.
- Wage inflation and labour availability in the employment market, coupled with the increasing cost of living crisis.
Kinovo plc
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Kinovo plc disclosed greenhouse gas emissions of 698.16 tCO2e/year. By scope: Scope 1: 679.72 tCO2e/year; Scope 2: 28.44 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
698.16 tCO2e/year
2022
Renewable Energy
100% (electricity) by end of 2023
of total energy
Energy Use
3.0M kWh/year
2022
📊 Emissions by Scope (2022)
| 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). | 679.72 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 28.44 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 PAS 2030 and MCS accreditations for retrofitting low-carbon technologies.
- Introduced a "Free of Charge" electric vehicle charging installation scheme.
- Increased use of EV chargers and solar panels in workplaces.
- Installed a ground source heat pump at Head Office.
- Reduced Scope 1 direct emissions by 9.18% and Scope 2 indirect emissions by 57%.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Become carbon neutral by March 2023 via offsetting Scope 1 and 2 emissions.
- All renewing electricity contracts to be from 100% renewable electricity by end of 2023.
📅 Medium-term
- Reduce gross CO2 emissions by more than 50% by 2030.
🔭 Long-term
- Become net zero by 2040.
🌱 ESG Focus Areas
Climate ChangeSocial ValueGovernanceMental Wellbeing