Moneycorp Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Moneycorp Group Limited disclosed greenhouse gas emissions of 185.4 tCO2e/year. By scope: Scope 1: 40.4 tCO2e/year; Scope 2: 145.0 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
185.4 tCO2e/year
2023
⚡
Renewable Energy
100% (Head Office electricity)
of total energy
⚙️
Energy Use
1.1M kWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).40.4 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.145.0 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Complete a plan to achieve net zero emissions by the end of 2025.

🔭 Long-term

  • Achieve net zero emissions ahead of the UK government’s 2050 target.

🌱 ESG Focus Areas

Empowering WomenTackling Street HomelessnessProtecting the Environment

⚠️ Challenges & Risks +

  • Increased GHG emissions and energy consumption due to staff returning to office-based working and an increase in the total staff base.
  • Lower FX volatility dampening trading revenues compared to 2022.
  • Increased inflation and interest rates impacting client volumes in the Private segment.

📋 Report Information

Reporting Period: 2023
Frameworks: GHG Protocol Corporate Accounting and Reporting Standard, UN Sustainable Development Goals