Loungers plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: FY2024🗂️ Report periods on file: FY2024, 2023-04-21 to 2024-04-21

In its FY2024 reporting, Loungers plc disclosed greenhouse gas emissions of 16.8K tCO2e (FY24). By scope: Scope 1: 6.2K tCO2e (FY24); Scope 2: 8.9K tCO2e (FY24); Scope 3: 1.7K tCO2e (FY24) (energy component only) 65629 tCO2e (FY24) (full scope). 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.

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GHG Emissions
16.8K tCO2e (FY24)
FY2024

📊 Emissions by Scope (FY2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).6.2K tCO2e (FY24)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.8.9K tCO2e (FY24)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.7K tCO2e (FY24) (energy component only) 65629 tCO2e (FY24) (full scope)

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

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
FY202416.8K tCO2e (FY24)
2023-04-21 to 2024-04-2116.8K tCO2e/year (2023: 14232)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Benchmark sustainability vs peers
  • TCFD review from FY24 to determine key actions for FY25
  • Launch three key initiatives
  • Engage wider teams

📅 Medium-term

  • Develop roadmap for risk-based approach to climate change, appoint external partners
  • Set up employee framework for collaboration
  • Establish reporting format (KPIs) and frequency for Board oversight
  • Prepare and review ESG/TCFD reporting for 2025
  • Keep Board advised of changes to legal/regulatory environment

🔭 Long-term

  • Net zero by 2035 (Scopes 1 & 2)
  • Net zero by 2050 (Scope 3)

🌱 ESG Focus Areas

Climate ChangeEnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Compliance risk from evolving government regulation to meet climate targets
  • Warmer, wetter winters could bring more frequent flooding to the UK.
  • Drier summers could lead to droughts/water shortages causing water stress in sites and increased energy costs for refrigeration and cooling
  • Increased focus from customers and our teams on sustainability could impact our menus and the way we are perceived
  • Extreme weather events could disrupt our supply chain for products
  • Cost of energy and purchased goods
  • Consumer preference shifts towards sustainability
  • Lower emission offerings for services
  • Lower emission technology

📋 Report Information

Reporting Period: FY2024
Frameworks: TCFD, IFRS S1 and S2