METHANE GUIDING PRINCIPLES

METHANE GUIDING PRINCIPLES's reported carbon emissions

METHANE GUIDING PRINCIPLES, headquartered in GB and operating within the Gas Works Gas industry, has established several climate commitments. For 2024, the organisation reported total emissions of approximately 127.3 million kg CO2e. This includes Scope 1 emissions of about 5.1 million kg CO2e, Scope 2 emissions (market-based) of approximately 146,000 kg CO2e, and Scope 3 emissions from business travel amounting to about 24.4 million kg CO2e. Location-based Scope 2 emissions were significantly higher, at about 122.2 million kg CO2e. Previous emissions data indicates substantial Scope 1 emissions in prior years, with approximately 4 billion kg CO2e reported for 2022, 5 billion kg CO2e for 2021, and 9 billion kg CO2e for 2016. Scope 2 and Scope 3 emissions were reported as 0.0 kg CO2e for 2022, 2021, and 2016, although Scope 3 business travel emissions were disclosed for 2024. METHANE GUIDING PRINCIPLES supports the Global Methane Pledge, aiming for a 30% reduction in global human-made methane emissions by 2030 from 2020 levels. The organisation also has specific reduction targets, including a commitment to reduce Scope 1 and Scope 2 emissions by 30% from 2020 levels by 2030. Furthermore, there is an ambition to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. A near-term target also aims to reduce domestic business flight emissions by at least 30% from a 2017-18 baseline, with efforts to understand and reduce international business flight emissions. Additional targets, potentially inherited from a corporate family, include a 50% reduction in methane emissions by 2025 for the natural gas value chain from a 2019 baseline, and a 70% reduction in absolute methane emissions by 2030 for the group-wide natural gas value chain from 2019 levels.