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Pennon Group, a leading name in the real estate services sector, is headquartered in Great Britain. Established in 1989, the company has carved a niche in property management, development, and investment, focusing on sustainable practices and innovative solutions. With a strong presence across the UK, Pennon is recognised for its commitment to enhancing community living and environmental stewardship.
The firm offers a diverse range of services, including residential and commercial property management, which are distinguished by their customer-centric approach and emphasis on quality. Over the years, Pennon has achieved significant milestones, solidifying its market position as a trusted partner in real estate. With a reputation for excellence, Pennon continues to drive growth and innovation within the industry.
+40 vs industry average
Pennon’s score of 69 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has below-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Pennon's latest reported emissions data from 2026 indicates a total of approximately 359.8 million kg CO2e. This includes Scope 1 emissions of 83.97 million kg CO2e and Scope 2 (market-based) emissions of 16.56 million kg CO2e. Their Scope 3 emissions in 2026 amounted to approximately 259.2 million kg CO2e, with significant contributions from capital goods (130.04 million kg CO2e), purchased goods and services (96.38 million kg CO2e), and fuel and energy related activities (32.59 million kg CO2e).
Looking back, Pennon's total emissions were approximately 368.27 million kg CO2e in 2024, 299.75 million kg CO2e in 2023, and 402.4 million kg CO2e in 2022.
Pennon has set ambitious climate commitments. The company aims to achieve Net Zero operational carbon emissions by 2030 and has joined the UN-backed Race to Zero commitment, which targets tackling GHG emissions across its entire value chain by 2045.
Near-term, Pennon Group commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 68% by the financial year 2032/33, from a 2021/22 base year. This target has been validated by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C. They also aim to increase active annual sourcing of renewable electricity from 5% in FY2021 to 100% by FY2030.
For Scope 3 emissions, Pennon Group commits to reduce absolute GHG emissions from specific upstream categories, including 'well to tank' electricity and fuels, the delivery of electricity, waste, business travel, and commuting, by 30% by the financial year 2032 from a FY2021 base year. Furthermore, Pennon commits that 60% of its suppliers, by emissions covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by FY2027.
2032
63.09% reduction in Scope 2
Pennon Group plc commits to reduce absolute scope 1 and 2 GHG emissions 63.09% by FY2032 from a FY2021 base year.*
2032
63.09% reduction in Scope 1
Pennon Group plc commits to reduce absolute scope 1 and 2 GHG emissions 63.09% by FY2032 from a FY2021 base year.*
2032
30% reduction in scope 3 total
Pennon Group plc commits to reduce absolute scope 3 GHG emissions from fuel- and energy-related activities, waste generated in operations, b…
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Common questions about Pennon’s sustainability data and climate commitments
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