- Challenging franchise recruitment and retention environment in the UK.
- Reduced pricing for used oil in the US impacting profits.
- Softening demand in the construction and hire-fleet customer sectors.
- Recruitment and retention of labor, particularly engineers and technicians.
Franchise Brands plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Franchise Brands plc disclosed greenhouse gas emissions of 3.8K tCO2e (location-based); 3999.19 tCO2e (market-based). By scope: Scope 1: 1.0K tCO2e; Scope 2: 192.74 tCO2e (location-based); 345.26 tCO2e (market-based); Scope 3: 1.6K tCO2e. 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
3.8K tCO2e (location-based); 3999.19 tCO2e (market-based)
2023
Energy Use
13.3M kWh
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). | 1.0K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 192.74 tCO2e (location-based); 345.26 tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.6K tCO2e |
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 |
|---|---|
| 2023 | 3.8K tCO2e (location-based); 3999.19 tCO2e (market-based) |
| 2022 | 3.9K tCO2e (location based); 4046.72 tCO2e (market based) |
| 2021 | 1.9K tCO2e/year |
| 2020 | 1.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Launched FiltaGold Bulk Oil, reducing plastic and cardboard waste.
- Implemented a scheduling tool to improve labor utilization and efficiency, reducing mileage and fuel consumption.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Integrate all Group’s businesses and repay Pirtek acquisition debt.
- Further develop labor scheduling tool to reduce fuel consumption.
📅 Medium-term
- Adjusted EBITDA to reach £60m in 2027.
- System sales to reach c.£600m in 2027.
🔭 Long-term
- Net cash position in 2027 through organic growth.
🌱 ESG Focus Areas
EnvironmentSocialGovernance