- Marginal increase in Scope 1 and 2 emissions in 2024 due to grid being 9% less green than in 2023
- Achieving net zero from freighting goods
- Capturing data from work from home, business miles in private vehicles, and freighting goods to fully understand carbon footprint
- Slowdown in industrial and rail sectors
- Challenging sectors in developing a diverse workforce
Solid State plc
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Solid State plc disclosed greenhouse gas emissions of 253.45 tCO2e/year (UK and offshore) + 364.35 tCO2e/year (Global). By scope: Scope 1: 129.76 tCO2e/year (UK and offshore) + 79.28 tCO2e/year (Global); Scope 2: 123.69 tCO2e/year (UK and offshore) + 285.07 tCO2e/year (Global). 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.
📊 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). | 129.76 tCO2e/year (UK and offshore) + 79.28 tCO2e/year (Global) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 123.69 tCO2e/year (UK and offshore) + 285.07 tCO2e/year (Global) |
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 | 253.45 tCO2e/year (UK and offshore) + 364.35 tCO2e/year (Global) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 60% reduction in Scope 1 and Scope 2 emissions from 2020 in UK and offshore operations; overall baseline intensity ratio decreased from 20.9 tonnes in FY20 to 12.7 tonnes in FY24
- Decommissioning of an energy-intensive production line in the US
🎯 Climate & Sustainability Targets
🔜 Short-term
- Minimise CO2e from electricity, gas, company vehicles, and air freight
- Switch to electric heating by 2040 if no low-carbon alternative for gas is available
📅 Medium-term
- All new company vehicles to be battery-powered
- Maintain circa 20% compound annual growth in Total Shareholder Return
- Enhance operating margins to 12% by 2030
- Develop counterweight markets to Defence & Security, especially in Medical Technology
🔭 Long-term
- Achieve net zero in Scope 1 and 2 emissions by 2050