Crest Nicholson PLC Sustainability Profile
Crest Nicholson PLC, a prominent name in the UK housebuilding sector, is headquartered in Great Britain and operates extensively across England and Wales. Founded in 1963, the company has established itself as a leader in residential development, focusing on creating sustainable communities and high-quality homes. Specialising in a diverse range of properties, from affordable housing to luxury developments, Crest Nicholson is renowned for its commitment to design excellence and environmental sustainability. The company has achieved significant milestones, including numerous awards for its innovative building practices and customer satisfaction. With a strong market position, Crest Nicholson continues to shape the landscape of modern living, delivering homes that meet the evolving needs of buyers while contributing to the growth of the housing market in the UK.
DitchCarbon Score
How does Crest Nicholson PLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Crest Nicholson PLC's score of 24 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Crest Nicholson PLC's reported carbon emissions
In 2023, Crest Nicholson PLC reported total carbon emissions of approximately 84,800,000 kg CO2e. This includes Scope 1 emissions of about 2,848,000 kg CO2e and Scope 2 emissions of approximately 202,000 kg CO2e (market-based). The company also disclosed significant Scope 3 emissions, with the largest contributions from the use of sold products (about 300,334,000 kg CO2e) and capital goods (approximately 74,813,000 kg CO2e). Comparatively, in 2019, Crest Nicholson's total emissions were about 100,000,000 kg CO2e, with Scope 1 emissions at approximately 6,721,000 kg CO2e and Scope 2 emissions at around 1,171,000 kg CO2e (market-based). The Scope 3 emissions in 2019 were also substantial, particularly from the use of sold products (approximately 442,223,000 kg CO2e) and purchased goods and services (about 122,094,000 kg CO2e). Despite these figures, Crest Nicholson has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The company has not disclosed any climate pledges or reduction targets, indicating a potential area for future development in their sustainability strategy. Overall, while Crest Nicholson has made strides in transparency regarding their emissions, the absence of defined reduction targets suggests that further action may be necessary to align with industry standards for climate commitments.
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| 2007 | 2016 | |
|---|---|---|
| Scope 1 | 467,000 | 0,000,000 |
| Scope 2 | 732,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 |
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Crest Nicholson PLC's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 33% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 38% of Scope 3 emissions.
Top Scope 3 Categories
Crest Nicholson PLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Crest Nicholson PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
