Siderise Group Limited

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Siderise Group Limited disclosed greenhouse gas emissions of 334.9 tCO2e (Scope 1 & 2). By scope: Scope 1: 144.90 tCO2e; Scope 2: 190.90 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
334.9 tCO2e (Scope 1 & 2)
2023
⚡
Renewable Energy
100% (electricity at Maesteg)
of total energy
💧
Water Usage
2.6K m³
2023
♻️
Waste
862.42 tons
2023
⚙️
Energy Use
1.6M kWh
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).144.90 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.190.90 tCO2e

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

  • Solidify global presence (USA, Europe, Dubai)
  • Launch new products
  • Enhance customer engagement (website, CRM)
  • Achieve ISO 50001 Energy Management certification by 2025
  • Achieve zero waste-to-landfill status by 2025

📅 Medium-term

  • Net Zero GHG scope 1 and 2 emissions by 2030
  • 20% onsite and 80% offsite renewable energy by 2030
  • 70% electric vehicle (EV) company cars by 2025, 100% by 2030
  • 15% reduction in water usage by m3/kg of product by 2030
  • 100% EV company cars by 2030

🌱 ESG Focus Areas

Product quality and safetyClimate changeCircular economyCustomer satisfactionHealth and safetyR&D and innovationTalent managementEmployee engagementHuman rightsBusiness ethicsResponsible supply chainProducts with environmental and social benefitsDiversity and inclusionResponsible raw materialsRisk managementDigitalisationStakeholder interactionCorporate governanceSocial responsibilityBiodiversityWater stewardship

⚠️ Challenges & Risks +

  • Majority of GHG emissions come from scope 3 (purchased goods and services)
  • Increased energy consumption in 2023 due to new production line and Innovation Centre
  • Managing waste generation from manufacturing processes
  • Water quality risk at SSPL site in Hadleigh

📋 Report Information

Reporting Period: 2023
Frameworks: GRI