Balfour

Balfour, a British Engineering Services company, reported total carbon emissions of approximately 4.13 billion kg CO2e in 2025. This includes 132.02 million kg CO2e from Scope 1 emissions, 8.36 million kg CO2e from Scope 2 market-based emissions, and approximately 3.99 billion kg CO2e from Scope 3 emissions.

In 2024, Balfour's total emissions were approximately 5.83 billion kg CO2e, comprising 130.88 million kg CO2e (Scope 1), 12.83 million kg CO2e (Scope 2 market-based), and 5.70 billion kg CO2e (Scope 3). For 2023, the company's total emissions were about 3.98 billion kg CO2e, with Scope 1 at 132.59 million kg CO2e, Scope 2 market-based at 12.13 million kg CO2e, and Scope 3 at 3.85 billion kg CO2e.

Balfour has set several ambitious climate commitments. The company aims for a 42% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from a 2020 base year. Additionally, they are committed to a 25% absolute reduction in Scope 3 purchased goods and services emissions by 2030, also from a 2020 base year.

Looking further ahead, Balfour targets net-zero Scope 1 and 2 carbon emissions by 2045. The company has also committed to achieving net-zero across all Scope 1, 2, and 3 carbon emissions by 2050, demonstrating a comprehensive approach to decarbonisation. These targets are validated by the Science Based Targets initiative (SBTi), with long-term targets consistent with a 1.5°C warming scenario.