Savills

Savills's reported carbon emissions

Savills, a UK-based real estate services firm, is committed to achieving net zero carbon emissions. The company has set ambitious reduction targets, aiming for net zero in operations by 2030 and across its value chain (Scope 3) by 2040. For its most recent reporting year, 2025, Savills reported total greenhouse gas (GHG) emissions of approximately 229.4 million kg CO2e. This total comprises: * **Scope 1 emissions:** Approximately 1.86 million kg CO2e. * **Scope 2 emissions (market-based):** Approximately 3.22 million kg CO2e. * **Scope 3 emissions:** Approximately 224.33 million kg CO2e, with significant contributions from purchased goods and services (about 84.02 million kg CO2e), employee commute (about 34.89 million kg CO2e), and capital goods (about 15.64 million kg CO2e). Savills has made significant commitments to reduce its carbon footprint. Key targets include: * A commitment to reduce absolute Scope 1 and 2 GHG emissions by 72% by 2030, using a 2019 baseline. * A commitment to reduce Scope 3 GHG emissions from purchased goods and services by 51.6% per million GBP of value added by 2030, from a 2022 base year. * A long-term goal of achieving net zero carbon for its value chain (Scope 3) by 2040. These commitments align with science-based targets for limiting global warming. In 2024, Savills reported total emissions of approximately 235.06 million kg CO2e, and in 2023, approximately 238.46 million kg CO2e. In 2022, total emissions were around 227.82 million kg CO2e. Previous years show emissions for Scope 1 and 2, with figures for 2021 at approximately 6.65 million kg CO2e and 2020 at approximately 7.18 million kg CO2e. Scope 3 emissions data became more comprehensive in recent years, with specific breakdown figures available from 2025.