Burford Capital

Burford Capital's reported carbon emissions

In 2024, Burford Capital reported total carbon emissions of approximately 3,550,000 kg CO2e. This figure includes Scope 1 emissions of about 9,000 kg CO2e, Scope 2 emissions of approximately 58,000 kg CO2e, and significant Scope 3 emissions totalling around 3,483,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 2,257,000 kg CO2e) and business travel (approximately 924,000 kg CO2e). Comparatively, in 2023, Burford Capital's total emissions were approximately 3,672,000 kg CO2e, with Scope 1 at about 8,000 kg CO2e, Scope 2 at around 57,000 kg CO2e, and Scope 3 emissions reaching approximately 3,607,000 kg CO2e. This indicates a slight reduction in total emissions from 2023 to 2024. Despite these figures, Burford Capital has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation. Overall, Burford Capital's emissions profile highlights the significant impact of Scope 3 emissions, particularly from purchased goods and services, underscoring the need for enhanced climate commitments and reduction strategies in the future.