OVO Group Ltd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, OVO Group Ltd disclosed greenhouse gas emissions of 5.6K tonnes CO2e (location-based); 4639 tonnes CO2e (market-based). By scope: Scope 1: 3.7K tonnes CO2e; Scope 2: 1.9K tonnes CO2e (location-based); 894 tonnes CO2e (market-based). 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
5.6K tonnes CO2e (location-based); 4639 tonnes CO2e (market-based)
2022
⚙️
Energy Use
28.1M kWh
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.7K tonnes CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.9K tonnes CO2e (location-based); 894 tonnes CO2e (market-based)

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

  • Net zero across operational emissions by 2025
  • Reduce emissions from gas sold by 25% by 2025

📅 Medium-term

  • Reduce emissions from gas sold by 50% by 2030

🔭 Long-term

  • Net zero emissions by 2035

🌱 ESG Focus Areas

DecarbonisationCustomer SupportDiversity & InclusionRenewable Energy

⚠️ Challenges & Risks +

  • Unprecedented volatility in global energy markets resulting in record wholesale energy prices
  • Rising energy prices led to rising concern among customers and an increase in calls to customer care advisors
  • Global shortage of microchips slowed EV production
  • Public charging remains a barrier for EV drivers who can’t charge at home

📋 Report Information

Reporting Period: 2022
Frameworks: WRI GHG Reporting Protocol Corporate Standard, TCFD (partial disclosure)
Assurance: PricewaterhouseCoopers LLP (PwC)