Vp plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-04 to 2023-03🗂️ Report periods on file: 2022-04 to 2023-03

In its 2022-04 to 2023-03 reporting, Vp plc disclosed greenhouse gas emissions of 37.2K tCO2e (market-based) / 38498 tCO2e (location-based). By scope: Scope 1: 15.4K tCO2e; Scope 2: 1.3K tCO2e; Scope 3: 21.9K tCO2e. 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
37.2K tCO2e (market-based) / 38498 tCO2e (location-based)
2022-04 to 2023-03
⚡
Renewable Energy
87% in FY2023 (target 100% by FY2030)
of total energy

📊 Emissions by Scope (2022-04 to 2023-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).15.4K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.3K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).21.9K tCO2e

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

  • Reduce scope 1 GHG emissions 50.4% from FY2023 base year.
  • Reduce scope 3 GHG emissions 50% from purchased goods and services, capital goods, use of sold products and downstream leased assets.
  • Increase annual sourcing of renewable electricity from 87% in FY2023 to 100% by FY2030.
  • Majority of top 250 suppliers by emissions to have science-based targets.
  • Reduce energy consumption intensity (kWh/m2) 20% from a 2021 baseline.

📅 Medium-term

  • Achieve net-zero GHG emissions across the value chain by 2050.

🔭 Long-term

  • Reduce absolute scope 1, 2 and 3 GHG emissions 90% by FY2050 from a FY2023 base year.

🌱 ESG Focus Areas

Climate ChangeSustainability

⚠️ Challenges & Risks +

  • Supply chain emissions (Scope 3)
  • Refining emissions methodology for greater accuracy.

📋 Report Information

Reporting Period: 2022-04 to 2023-03
Frameworks: Greenhouse Gas Protocol, Science Based Targets initiative (SBTi), HM Government’s Environmental Reporting Guidelines, DEFRA’s 2023 UK Greenhouse Gas Conversion Factors for Company Reporting