UK Power Networks Services Holdings Limited Sustainability Profile
UK Power Networks Services Holdings Limited, commonly referred to as UK Power Networks, is a leading provider of electricity distribution and management services based in Great Britain. Established in 2010, the company has rapidly grown to become a key player in the energy sector, primarily operating across London, the South East, and the East of England. Specialising in the maintenance and development of electricity networks, UK Power Networks offers a range of services including asset management, engineering solutions, and project delivery. Their commitment to innovation and sustainability sets them apart in the industry, ensuring reliable power supply while minimising environmental impact. With a strong market position, UK Power Networks has achieved notable milestones, including recognition for excellence in customer service and operational efficiency. Their focus on enhancing energy resilience and supporting the transition to a low-carbon economy underscores their pivotal role in the UK's energy landscape.
DitchCarbon Score
How does UK Power Networks Services Holdings Limited'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 Real Estate 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
UK Power Networks Services Holdings Limited's score of 47 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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UK Power Networks Services Holdings Limited, headquartered in Great Britain, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established a comprehensive framework for its greenhouse gas (GHG) reduction targets. The organisation is committed to achieving net-zero GHG emissions across its value chain by FY2040. This commitment includes near-term targets to reduce absolute Scope 1 and 2 emissions by 53.1% by FY2029, using FY2019 as the baseline. Additionally, UK Power Networks aims to cut its absolute Scope 3 emissions by 25% within the same timeframe. For the long term, the company has set a target to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by FY2040. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, indicating that they are consistent with the reductions required to limit global warming to 1.5°C. The company also pledges to continue sourcing 100% renewable electricity for its purchased electricity through FY2029. The emissions data and targets are cascaded from UK Power Networks Holdings Limited, reflecting a corporate family relationship that underscores the commitment to sustainability and climate action within the organisation.
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| 2019 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | - |
| Scope 3 | 486,822,000 | 000,000,000 |
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UK Power Networks Services Holdings Limited's Scope 3 Categories Breakdown
UK Power Networks Services Holdings Limited's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 8% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Fuel and Energy Related Activities" being the largest emissions source at 52% of Scope 3 emissions.
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UK Power Networks Services Holdings Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
UK Power Networks Services Holdings Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
