- Reducing Scope 3 emissions (business travel and working from home).
Valtech Ltd.
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Valtech Ltd. disclosed greenhouse gas emissions of 501.51 tCO2e/year (2023). By scope: Scope 1: 1.86 tCO2e/year (2023); Scope 2: 0 tCO2e/year (2023); Scope 3: 499.65 tCO2e/year (2023). 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
501.51 tCO2e/year (2023)
2024
Renewable Energy
100% for electricity in UK offices
of total energy
📊 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). | 1.86 tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 499.65 tCO2e/year (2023) |
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 | 501.51 tCO2e/year (2023) |
| 2019-2023 | 18.5K tCO2e/year (2023) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total emissions from 707.87 tCO2e in 2019 to 501.51 tCO2e in 2023. Achieved a 29% reduction against the 2019 baseline (206 tCO2e reduction) through various initiatives.
- Fully converted all UK office electricity supplies to renewable energy.
- Moved to biogas for remaining UK office using gas (Bristol).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions to 434.2 tCO2e by 2028 (38.7% reduction from 2019 baseline)
📅 Medium-term
- 50% reduction in Scope 1&2 emissions by 2030 (global target)
- 55% reduction per employee in Scope 3 emissions by 2030 (global target)
🔭 Long-term
- Net-zero emissions globally by 2040 (global target), 90% absolute reduction in Scope 1&2 emissions, 97% per employee reduction in Scope 3 emissions
🌱 ESG Focus Areas
Climate Change