- Inflationary cost pressures
- Pace of interest rate increase faster than expected
- Margin expansion more challenging due to cost inflation
- Slower increase in assets collected in Restore Technology due to wider slowdown in IT investment
- Uncertainty surrounding hybrid working deliberation, delays on construction projects and a lack of high-grade ESG compliant properties impacted potential project works in Restore Harrow Green
Restore plc
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Restore plc disclosed greenhouse gas emissions of 14.2K tCO2e/year (location based). By scope: Scope 1: 8.8K tCO2e/year; Scope 2: 33.8K tCO2e/year (location based) 31154.3 tCO2e/year (market based); Scope 3: 41.5K 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
14.2K tCO2e/year (location based)
2022
Renewable Energy
85.3% of total electricity
of total energy
Water Usage
13.4 m3/year
2022
Waste
731.5 tons/year
2022
Energy Use
56.6M kWh/year
2022
📊 Emissions by Scope (2022)
| 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). | 8.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 33.8K tCO2e/year (location based) 31154.3 tCO2e/year (market based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 41.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 32% reduction in Scope 1&2 Carbon Footprint per £1 million turnover
- 63% of company cars and 3% of fleet now hybrid/electric
- 85% of procured energy REGO backed
- 1 site now providing solar power
- Protected 4+ acres of natural woodland and meadow around Restore facilities
- Protected an additional 5 acres of rainforest
🎯 Climate & Sustainability Targets
📅 Medium-term
- Revenue grow to over £450m
- Adjusted EBITDA to £150m
- Net Zero by 2035 for Scope 1 & 2 emissions
- 50% reduction in Scope 3 emissions by 2030
🔭 Long-term
- Net Zero by 2035
🌱 ESG Focus Areas
Climate ActionResource UseBiodiversityHealth, Safety & WellbeingCultureCommunity ImpactEnriching CareersDiversity & InclusionCustomer EngagementData SecurityInnovationPartnershipsTransparency & AccountabilityBusiness Governance