- Difficulty in obtaining meaningful data on indirect greenhouse gas emissions (Scope 3)
- Dependence on suppliers taking action to meet net zero targets
- Uncertainty about the wider societal shift towards net zero
Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR)
Greenhouse gas emissions & sustainability report data
In its 2021-22 reporting, Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) disclosed greenhouse gas emissions of 22.9K tonnes of CO2e (plus optional emissions of 1320). By scope: Scope 2: 9; Scope 3: 22.9K (plus optional emissions of 1320). 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
22.9K tonnes of CO2e (plus optional emissions of 1320)
2021-22
Renewable Energy
100% (part of Edinburgh office)
of total energy
📊 Emissions by Scope (2021-22)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 9 |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 22.9K (plus optional emissions of 1320) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 3 GHG emissions by 33.6% by 2028 from a 2021/22 baseline year
- Continuing annually to source 100% renewable electricity through to 2045 (Scope 2 emissions for part of Edinburgh office)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute Scope 3 GHG emissions 33.6% by 2028, from a 2021/22 base year
- Ensure that suppliers that together account for at least 70% of our Scope 3 emissions (from a 2021/22 base year) have science-based targets by 2028
🔭 Long-term
- Reduce operational GHG emissions to net zero by 2045
🌱 ESG Focus Areas
Climate Change