Crest Nicholson

Crest Nicholson's reported carbon emissions

Crest Nicholson, a construction company based in Great Britain, has reported significant progress on its carbon emissions reduction journey. For the year 2024, the company's total emissions were approximately 410.2 million kg CO2e. This figure is comprised of approximately 2.03 million kg CO2e in Scope 1 emissions, and approximately 0.35 million kg CO2e in Scope 2 emissions (market-based). Scope 3 emissions were substantial, totalling approximately 406.3 million kg CO2e, with the largest contributors being purchased goods and services (approximately 142.5 million kg CO2e) and the use of sold products (approximately 255.4 million kg CO2e). In 2023, Crest Nicholson's total emissions were approximately 485.8 million kg CO2e, with Scope 1 emissions at approximately 2.85 million kg CO2e and Scope 2 emissions at approximately 0.20 million kg CO2e (market-based). Scope 3 emissions for that year amounted to approximately 479.97 million kg CO2e. Crest Nicholson has set ambitious climate commitments, including a target to achieve net zero emissions by 2030 for Scope 1 and Scope 2 emissions. Furthermore, the company is committed to reducing its absolute Scope 1 and 2 GHG emissions by 60% by 2030, using 2019 as the baseline year. Looking further ahead, Crest Nicholson aims to reduce its Scope 3 GHG emissions intensity by 55% by 2030, also from a 2019 base year. For the long term, the company has committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2045 and Scope 3 GHG emissions intensity by 97% by 2045, both from a 2019 base year. These targets have been validated by the Science Based Targets initiative (SBTi).