Neos Networks

Greenhouse gas emissions & sustainability report data

📊 Latest report period: April 2023 - March 2024🗂️ Report periods on file: April 2023 - March 2024

In its April 2023 - March 2024 reporting, Neos Networks disclosed greenhouse gas emissions of 2.8K tCO2e (of which 3523.66 full emissions less 749.62 renewable energy). By scope: Scope 1: 226.66 tCO2e; Scope 2: 0 tCO2e (market-based); Scope 3: 2.5K 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
2.8K tCO2e (of which 3523.66 full emissions less 749.62 renewable energy)
April 2023 - March 2024
⚡
Renewable Energy
21% (location-based)
of total energy
💧
Water Usage
0.22 m3/year
April 2023 - March 2024
⚙️
Energy Use
14.62 GWh (3.06 GWh renewable)
April 2023 - March 2024

📊 Emissions by Scope (April 2023 - March 2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).226.66 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.0 tCO2e (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.5K 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

  • Complete transition to renewable energy sources for leased offices and sites by end of 2025.

📅 Medium-term

  • Implement electric vehicles for commercial fleet between 2027 and 2030.
  • Reduce High Risk Sites (RCP8.5 2050 and 2100) to Medium Risk through mitigation measures (FY24-FY27).

🔭 Long-term

  • Net Zero for Scope 1 and 2 emissions by 2030.

🌱 ESG Focus Areas

Equality, diversity & inclusionStakeholders & communitySafety & wellbeingEnvironmental actionClimate impactWaste managementData & cyber securityGovernance & responsibilityCulture & Great Place To Work

⚠️ Challenges & Risks +

  • Identifying Scope 3 emissions and securing reliable data from the supply chain.
  • Increase in business travel and employee commuting emissions post-covid.
  • Securing adequate commercial fleet with appropriate EV capability to meet Net Zero pledge.
  • Supply chain data limitations for Scope 3 emissions reporting.

📋 Report Information

Reporting Period: April 2023 - March 2024
Frameworks: UN SDGs, SECR, TCFD