- Currency headwinds in India and Turkey.
- Softening of margins in India due to growth of lower margin products.
- Global tech downturn impacting Globiva.
- Decline in Legacy businesses.
- Allegations made against a shareholder.
- Adverse currency movements in the rupee and lira.
CPPGroup Plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CPPGroup Plc disclosed greenhouse gas emissions of 1.1K tCO2e/year (location based). By scope: Scope 1: 48.9 tCO2e/year; Scope 2: 4.8K tCO2e/year; Scope 3: 5.3K 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
1.1K tCO2e/year (location based)
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). | 48.9 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 5.3K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Conducted baseline carbon emission calculations in FY23 to improve understanding of environmental impact of operations.
- Proactively manage office-based consumption through renewable energy sources in our Leeds office, and energy saving modes for lighting, lower energy consumption laptops and workstations, recycling bins and hybrid working throughout the Group.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Completion of the operational scalability programme for Blink in Q1 2024.
- More than double Annual Recurring Revenues over 2023 levels for Blink.
- Delivery of Phase 2 of the new IT platform for CPP India in spring 2024.
- Decommissioning of legacy IT platforms in H1 2024.
📅 Medium-term
- Completion of the CMP by 2025.
- Continued investment in Blink.
🔭 Long-term
- Migrate towards a digitally focused parametric business, led by Blink and supported by CPP India and CPP Turkey by 2026.
🌱 ESG Focus Areas
Consumer resilienceEmpowering colleaguesResponsible businessTechnological innovation