Liberty Two Degrees Degrees

Liberty Two Degrees reported its 2023 carbon emissions. In 2023, the company's Scope 1 emissions were approximately 7,533,000 kg CO2e, Scope 2 emissions were around 51,325,000 kg CO2e, and Scope 3 emissions were approximately 87,166,000 kg CO2e, primarily from waste generated in operations.

Liberty Two Degrees has set ambitious climate commitments. It aims for Net-Zero Scope 1 and Scope 2 emissions by 2030. The company also commits to Net-Zero carbon energy, water, and waste in its portfolio by 2030, with a specific focus on achieving Net-Zero landlord water usage/footprint by reducing potable water use and implementing rainwater harvesting/greywater systems by 2025.

Liberty Two Degrees's Science Based Targets initiative (SBTi) commitments, approved through a streamlined validation route for Small and Medium-sized Enterprises (SMEs), include reducing Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2018 base year. The company also commits to measuring and reducing its Scope 3 emissions and reaching Net-Zero across all scopes (Scope 1, 2, and 3) by 2050 from a 2018 base year, representing a 100% reduction. These targets are consistent with reductions required to keep warming to 1.5°C.