Ricardo
Ricardo plc, a leading engineering consultancy based in the United Kingdom, has established itself as a key player in the automotive and transportation sectors since its founding in 1915. With headquarters in Shoreham-by-Sea and operations spanning Europe, North America, and Asia, Ricardo offers a diverse range of services, including product development, engineering consultancy, and environmental solutions. The company is renowned for its innovative approach to engineering, particularly in areas such as vehicle performance, energy efficiency, and sustainable transport. Notable achievements include significant contributions to advanced propulsion systems and emissions reduction technologies, positioning Ricardo as a trusted partner for clients seeking to navigate the complexities of modern engineering challenges. With a commitment to excellence and sustainability, Ricardo continues to shape the future of mobility and engineering solutions.
DitchCarbon Score
How does Ricardo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ricardo's score of 69 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ricardo's reported carbon emissions
In 2023, Ricardo reported total greenhouse gas emissions of approximately 4.6 million tonnes CO2e, with specific contributions from various scopes: 2.8 million tonnes from Scope 1, 0.6 million tonnes from Scope 2 (market-based), and 0.35 million tonnes from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint significantly. Ricardo has set ambitious targets under the Science Based Targets initiative (SBTi), aiming for a 46.2% reduction in absolute Scope 1 and 2 emissions by the fiscal year 2030/31, using the fiscal year 2019/20 as a baseline. Additionally, they plan to increase their annual sourcing of renewable electricity from 74% in FY2019/20 to 90% by FY2025/26. For Scope 3 emissions, the target is a 27.5% reduction by FY2030/31 from the same base year. These commitments align with industry standards for climate action, demonstrating Ricardo's proactive approach to sustainability and their role in mitigating climate change impacts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,343,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,016,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,148,500 | 0 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ricardo is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
