Glenveagh Properties plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021

In its 2021 reporting, Glenveagh Properties plc disclosed greenhouse gas emissions of 227.7K tCO2e (location based) / 227126 tCO2e (market based) in 2022. By scope: Scope 1: 3.6K tCO2e in 2022; Scope 2: 813 tCO2e (location based) / 227 tCO2e (market based) in 2022; Scope 3: 223.3K tCO2e in 2022. 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
227.7K tCO2e (location based) / 227126 tCO2e (market based) in 2022
2021
♻️
Waste
195 tCO2e in 2022
2021
⚙️
Energy Use
16.7K mWh in 2022
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.6K tCO2e in 2022
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.813 tCO2e (location based) / 227 tCO2e (market based) in 2022
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).223.3K tCO2e in 2022

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

  • 46.2% absolute reduction in Scopes 1 and 2 by 2031 from a 2021 base year
  • 55.0% reduction in Scope 3 emissions intensity by 2031 from a 2021 base year

🔭 Long-term

  • 90% absolute reduction in Scopes 1 and 2 by 2050 from a 2021 base year
  • 97% reduction in Scope 3 emissions intensity by 2050 from a 2021 base year
  • Net-zero greenhouse gas emissions across the value chain by 2050 from a 2021 base year

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Suppliers not moving fast enough to align with net-zero goals
  • Rising carbon prices
  • Failure to fully utilize off-site manufacturing and MMC
  • Lack of pace in developing low-carbon technology
  • Supply chain disruptions due to severe weather
  • Severe weather events impacting construction sites

📋 Report Information

Reporting Period: 2021
Frameworks: TCFD
Assurance: Independent assurance provider (details not specified in report)