Places For People

Places for People, a UK-based real estate services firm, has set ambitious targets to achieve net zero carbon emissions by 2050. Their climate strategy, aligned with the Science Based Targets initiative (SBTi) Net Zero Carbon criteria, aims for an absolute emissions reduction of 97.9% from a 2023-24 baseline.

In terms of emissions, the company reported the following for the 2025 reporting year:

• Scope 1 emissions: Approximately 43.4 million kg CO2e, primarily from stationary combustion (about 38.1 million kg CO2e) and mobile combustion (about 5.3 million kg CO2e).
• Scope 2 emissions: Approximately 6.1 million kg CO2e using the market-based approach, and about 15.0 million kg CO2e using the location-based approach.
• Scope 3 emissions: Approximately 1.9 million kg CO2e, with business travel being a key contributor.

For the 2024 reporting year, the reported emissions were:

• Scope 1 emissions: Approximately 35.5 million kg CO2e, from stationary combustion.
• Scope 2 emissions: Approximately 7.5 million kg CO2e (market-based) and about 12.0 million kg CO2e (location-based).
• Scope 3 emissions: Approximately 1.0 million kg CO2e, with business travel being a contributing factor.

Looking further back, for the 2023 reporting year:

• Scope 1 emissions: Approximately 36.6 million kg CO2e from stationary combustion.
• Scope 2 emissions: Approximately 8.5 million kg CO2e (market-based) and about 9.4 million kg CO2e (location-based).
• Scope 3 emissions: Approximately 0.6 million kg CO2e from business travel.

In 2022, total emissions were approximately 48.0 million kg CO2e. Scope 1 emissions were around 38.8 million kg CO2e, and Scope 2 emissions were approximately 9.3 million kg CO2e (market-based) and about 13.5 million kg CO2e (location-based). Scope 3 emissions from business travel were about 0.5 million kg CO2e.

For the 2021 reporting year, total emissions were approximately 46.7 million kg CO2e, with Scope 1 emissions at about 35.8 million kg CO2e and Scope 2 emissions at about 10.4 million kg CO2e (location-based). Business travel accounted for approximately 0.4 million kg CO2e in Scope 3 emissions.

In 2020, total emissions were reported as approximately 68.5 million kg CO2e.

Places for People's net zero targets for 2050 include significant reductions across various scopes. Specifically, they aim for a 97.9% reduction in Scope 1, Scope 2, and for specific Scope 3 categories including Purchased Goods & Services, Capital Goods, Use of Sold Products, and Downstream Leased Assets. For instance, the target for Scope 1 emissions is to reduce from about 41.3 million kg CO2e in 2023-24 to approximately 0.9 million kg CO2e by 2050. Scope 2 emissions are targeted to reduce from approximately 12.0 million kg CO2e to about 0.3 million kg CO2e. For the mentioned Scope 3 categories, the reductions are also substantial, aiming for overall decreases of 97.9%. The total emissions target for 2050 is approximately 11.5 million kg CO2e, representing a 97.9% reduction from the 2023-24 baseline. Key initiatives include reducing emissions from stationary combustion, mobile combustion, and electricity usage.