- External cost increases in energy, insurance, and interest charges
- Elevated levels of colleague turnover post-Covid
- High shareholder concentration contributing to lower share transaction volumes
Lok’nStore Group plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Lok’nStore Group plc disclosed greenhouse gas emissions of 3.03 tCO2e per million (£m) revenue. By scope: Scope 1: 81.9 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
3.03 tCO2e per million (£m) revenue
2023
Renewable Energy
16%
of total energy
📊 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). | 81.9 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 | 3.03 tCO2e per million (£m) revenue |
| 2022 | 1.4K tCO2e (Scope 1 & 2 like-for-like) |
| 2021 | 75 tCO2e/year (2020-21) |
| 2019-08 to 2020-07 | 105 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Operational GHG emissions down 93% since 2005
- Gas use down 39% in 2023
- Waste down 6% in 2023
- Water use down 19% in 2023
- Commitment to install Photovoltaic (PV) generation on all new stores; 16% of total electricity needs provided on-site with PV
🎯 Climate & Sustainability Targets
🔜 Short-term
- Assess recommended improvements from current EPCs and action as appropriate
- Increase the number of stores with PV systems
- Continue the roll out of LED lights for all stores
- Obtain BREEAM at one store
- Determine a route to eliminate waste destined for landfill
📅 Medium-term
- Achieve Operational Net Zero carbon emissions by 2040
🔭 Long-term
- Achieve Operational Net Zero carbon emissions by 2040
🌱 ESG Focus Areas
DecarbonisationEnvironmental SustainabilityEmployee Well-beingCommunity EngagementSupply Chain Responsibility