Taylor Wimpey

Taylor Wimpey's reported carbon emissions

Taylor Wimpey, a real estate services company based in the UK, reported total greenhouse gas emissions of approximately 1.81 billion kg CO2e in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. The company has set ambitious climate targets, aligning with the Science Based Targets initiative (SBTi). Key commitments include: * **Near-Term Targets:** * A 36% reduction in Scope 1 and 2 greenhouse gas emissions intensity per 100 square metres of completed floor area by 2025, using a 2019 baseline. * A 25.8% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2025, also from a 2019 baseline. * A commitment to reduce absolute Scope 3 greenhouse gas emissions by 46.2% by 2030, from a 2019 baseline. This is equivalent to a 52.8% reduction per 100 square metres of completed floor area. * A 21% reduction in embodied carbon per home by 2030. * **Long-Term Targets:** * Achieving net-zero greenhouse gas emissions across the value chain by 2045. * A 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2045 from a 2019 baseline, which equates to a 91.3% reduction per 100 square metres of completed floor area. * A 90% reduction in absolute Scope 3 greenhouse gas emissions by 2045 from a 2019 baseline, also equivalent to a 91.3% reduction per 100 square metres of completed floor area. Taylor Wimpey's reporting indicates progress and commitment towards these targets, with its Scope 1 and 2 targets being validated by the SBTi as consistent with limiting warming to 1.5°C. The company's sustainability reporting covers a broad range of emissions categories, including purchased goods and services, use of sold products, and end-of-life treatment of sold products within its Scope 3 reporting.