Vertu Motors

Vertu Motors plc, a prominent motor gasoline industry player based in the UK, reported its climate performance with a focus on Scope 1 and Scope 2 emissions.

For the reporting year 2023, Vertu Motors disclosed a total of approximately 19.8 million kg CO2e (or 19,814,000 kg CO2e). This figure comprises Scope 1 emissions, which totalled around 14.2 million kg CO2e (14,199,000 kg CO2e), including mobile and stationary combustion, and Scope 2 emissions amounting to approximately 5.6 million kg CO2e (5,614,000 kg CO2e), primarily from purchased electricity.

In the preceding year, 2022, the company's total reported emissions were approximately 14.9 million kg CO2e (14,952,000 kg CO2e). Scope 1 emissions for 2022 were about 9.5 million kg CO2e (9,452,000 kg CO2e), and Scope 2 emissions were approximately 5.5 million kg CO2e (5,525,000 kg CO2e).

For reporting year 2021, Vertu Motors reported total emissions of approximately 7.8 million kg CO2e (7,821,000 kg CO2e). This included Scope 1 emissions of about 2.9 million kg CO2e (2,898,000 kg CO2e) from mobile combustion and Scope 2 emissions from purchased electricity of approximately 4.9 million kg CO2e (4,923,000 kg CO2e).

Vertu Motors also provides intensity metrics related to revenue. For 2023, the intensity ratio was approximately 0.0049 tonnes of CO2e per million GBP of turnover. In 2022, this ratio was about 0.0041 tonnes of CO2e per million GBP of turnover. For 2021, the intensity ratio was also approximately 0.0041 tonnes of CO2e per unit of revenue.

The company has not disclosed specific reduction targets or commitments to organisations like the Science Based Targets initiative (SBTi). Data for Scope 3 emissions, such as purchased goods and services, is not yet disclosed. Vertu Motors plc does not appear to inherit emissions data from a parent organisation.