- Higher borrowing costs due to increased interest rates.
- Upsurge in regulatory activity by the Financial Conduct Authority (FCA) involving inquiries into affordability, forbearance, and vulnerable customers.
- Increased complaints to the Financial Ombudsman Service.
- Increased cost of living pressures impacting customer repayments.
- Uncertainty surrounding the housing market.
- Increased finance costs.
S&U plc
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, S&U plc disclosed greenhouse gas emissions of 160 tCO2e/year. By scope: Scope 1: 34 tCO2e/year; Scope 2: 44 tCO2e/year; Scope 3: 82 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
160 tCO2e/year
2024
Energy Use
273.8K kWh/year
2024
📊 Emissions by Scope (2024)
| 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). | 34 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 44 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 82 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 |
|---|---|
| 2024 | 160 tCO2e/year |
| 2016-02-01 to 2017-01-31 | 251 tCO2e/year |
| 2015 | 664 tCO2e/year |
| 2014 | 1.1K tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2e emissions to 160 tonnes in scope 1, 2, and 3 (business travel emissions and sources), offset through Carbon Neutral Britain's Woodland fund.
- Reduced average CO2 emissions of financed cars and vans from 129 g/km to 126 g/km.
- Installed solar panels in Grimsby office.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption further.
📅 Medium-term
- Achieve net zero status by 2030.
🌱 ESG Focus Areas
EmployeesCommunityHealth and SafetyDiversityClimate Change