Babcock

Babcock International, a leading air transport services company based in Great Britain, is committed to ambitious climate targets. For the reporting year 2024, the company reported a total of approximately 3.67 billion kg CO2e. This includes Scope 1 emissions of around 42.71 million kg CO2e and Scope 2 emissions of approximately 60.82 million kg CO2e (market-based). The majority of its footprint, approximately 3.57 billion kg CO2e, falls under Scope 3 emissions.

Babcock has set a long-term goal to achieve net-zero greenhouse gas emissions across its value chain by 2050. In line with this, the company has established several key reduction targets:

• Near-Term Targets (by 2030): A commitment to reduce absolute Scope 1 and 2 GHG emissions by 42% from a 2021 baseline. Babcock also commits to a 42% reduction in absolute Scope 3 GHG emissions within the same timeframe.
• Long-Term Targets:
  • To achieve net-zero Scope 1 and 2 emissions by 2040.
  • A broader commitment to reach net-zero GHG emissions across the value chain by 2050.
  • An additional long-term goal to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2040 from a 2021 base year. Similarly, Scope 3 emissions are targeted for a 90% reduction by 2050 from the same 2021 baseline.

Babcock has also stated a near-term objective for all of its estate to be Net Zero in operation by 2030. The company is actively engaged in investigating and mapping its Scope 3 emissions, with a focus on developing a detailed understanding of its footprint and associated net-zero pathway by 2025. They have also committed to an interim Science Based Target requiring a 4.2% annual carbon reduction against their 2019 baseline, aligned with a 1.5-degree pathway.