- Low wind resulted in portfolio generation 13 percent below budget.
- Higher interest rates could make the listed infrastructure asset class relatively less attractive to investors.
- Potential for retrospective changes in UK Government renewable energy policy.
- Risk of damage from extreme weather events.
- Increased reputational risks associated with climate-related disclosures and reporting obligations.
Greencoat UK Wind PLC
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 13 tonnes CO2; Scope 2: 2.2K tonnes CO2 (location-based) 1485 tonnes CO2 (market-based); Scope 3: 261.1K tonnes CO2. 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)
| 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). | 13 tonnes CO2 |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.2K tonnes CO2 (location-based) 1485 tonnes CO2 (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 261.1K tonnes CO2 |
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 | 137.7K tCO2e/year (Scope 1 2 and 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Generated 4,743 GWh of renewable electricity, avoiding approximately 2.5 million tonnes of CO2 emissions per annum.
- Funding a £250,000 program to advance knowledge on blade recycling and repurposing.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Refinance near-maturing revolving credit facility and term debt.
📅 Medium-term
- Continue to grow portfolio in line with market opportunities.
🔭 Long-term
- Maintain annual dividend increases in line with RPI inflation while preserving capital value.
🌱 ESG Focus Areas
Climate Change MitigationCommunity InvestmentHealth and SafetyBoard Diversity