Derwent London

Derwent London, based in GB and operating in financial intermediation services, has established clear climate commitments and is actively working towards emissions reductions.

For the reporting year 2023, Derwent London reported total emissions of approximately 12.8 million kg CO2e. This figure is comprised of Scope 1 emissions totalling approximately 4.36 million kg CO2e, Scope 2 emissions at approximately 29,000 kg CO2e (market-based), and Scope 3 emissions at approximately 8.01 million kg CO2e.

Derwent London is committed to achieving net zero by 2030. This commitment is further supported by near-term targets. Specifically, the company aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, from a 2022 baseline, targeting 3,161 tonnes of CO2e. For the long term, Derwent London commits to reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040, also from a 2022 baseline. The company also holds Science Based Targets initiative (SBTi) validated targets. These include a commitment to reduce Scope 1 and 2 GHG emissions by 42% per square meter by 2030 from a 2022 baseline, and a commitment to reduce Scope 1+2+3 emissions by 90% by 2040 from the same baseline. Their Scope 3 emissions are also being measured and targeted for reduction.