Liberty Two Degrees Degrees

Liberty Two Degrees reported its 2023 emissions as approximately 7.5 million kg CO2e for Scope 1, 51.3 million kg CO2e for Scope 2, and 87.2 million kg CO2e for Scope 3 (specifically waste generated in operations). In 2022, their emissions included approximately 4.8 million kg CO2e for Scope 1, 54.3 million kg CO2e for Scope 2, and 102.9 million kg CO2e for Scope 3 (waste generated in operations). For 2021, the company's emissions were about 2.1 million kg CO2e for Scope 1, 53.5 million kg CO2e for Scope 2, and 96.5 million kg CO2e for Scope 3 (waste generated in operations).

Liberty Two Degrees has set ambitious climate commitments, with Science Based Targets initiative (SBTi) approved targets. The company commits to reducing Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030 from a 2018 base year, consistent with a 1.5°C warming scenario. They also commit to measuring and reducing their Scope 3 emissions. Liberty Two Degrees aims to achieve net-zero across all scopes (1, 2, and 3) by 2050, representing a 100% reduction from a 2018 base year. These targets were approved using a streamlined validation route for Small and Medium-sized Enterprises (SMEs). Additionally, the company has an internal near-term net-zero target to eliminate Scope 1 and Scope 2 direct and indirect emissions by 2030. They are also working towards achieving net-zero landlord water usage/footprint by 2025, through initiatives like reducing potable water use, changing HVAC systems, and implementing rainwater harvesting/greywater systems.