- Challenging trading environment and weakened Sterling value against the US Dollar.
- Reduction in FOB sales due to retailer overstocks from 2022.
- Tough trading conditions for retailers.
- Diminishing discretionary consumer spending due to the cost of living crisis.
- Adverse weather conditions affecting heating and cooling product sales.
- Increased borrowing to fund new warehouse construction.
- Highly competitive markets with constant pressure on margins.
Tandem Group plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Tandem Group plc disclosed greenhouse gas emissions of 68.31 tCO2e/year. By scope: Scope 1: 26.68 tCO2e/year; Scope 2: 33.66 tCO2e/year; Scope 3: 7.97 tCO2e/year. 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
68.31 tCO2e/year
2023
Energy Use
300.9K kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 26.68 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 33.66 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 7.97 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 68.31 tCO2e/year |
| 2021 | 68.87 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Decreased energy consumption intensity ratio (tCO2e per employee) from 1.06 in 2022 to 0.95 in 2023 due to improved warehouse energy efficiency and solar panel installations.
- Increased use of electric company vehicles.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance