Direct Line Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Direct Line Group disclosed greenhouse gas emissions of 265.5K tCO2e (Scope 1 2 and 3 excluding investments). By scope: Scope 1: 5.5K tCO2e; Scope 2: 6.6K tCO2e; Scope 3: 242.4K tCO2e (excluding investments). 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
265.5K tCO2e (Scope 1 2 and 3 excluding investments)
2023
⚡
Renewable Energy
100% (electricity since 2014)
of total energy
⚙️
Energy Use
31.7M kWh (Electricity and Gas)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).5.5K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.6.6K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).242.4K tCO2e (excluding investments)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Evolve and enhance digital servicing options for customers
  • Review and update electric vehicle strategy
  • Develop and embed new learning opportunities
  • Define approach to culture, leadership, and future prospects
  • Review community approach, programs, and partnerships

📅 Medium-term

  • Reduce emissions 46% across offices and accident repair centers by 2030
  • Align Scope 1 and 2 portfolio temperature rating to 2.08°C by 2027
  • Align Scope 1, 2 and 3 portfolio temperature rating to 2.31°C by 2027
  • Reduce emissions from commercial property portfolio by 58% per square meter by 2030
  • Reduce emissions from real estate loans portfolio by 58% per square meter by 2030

🔭 Long-term

  • Become a Net Zero business across all scopes by 2050

🌱 ESG Focus Areas

CustomersPeopleSocietyPlanetGovernance

⚠️ Challenges & Risks +

  • Rising premium prices in a challenging economic environment impacting NPS
  • Claims delays impacted by supply chain challenges
  • Under-representation of women and ethnic minorities at senior levels
  • Missed 2023 annual targets for senior role ethnic minority and Black representation

📋 Report Information

Reporting Period: 2023
Frameworks: GHG Protocol Corporate Accounting and Reporting Standard, Science Based Targets initiative (SBTi), Taskforce on Nature-related Financial Disclosures (TNFD)
Assurance: Accenture