Canary Wharf Group

Sustainability Report and Carbon Intensity Rankings

Is Canary Wharf Group doing their part?

Their DitchCarbon score is 73

Canary Wharf Group has a DitchCarbon Score of 73, indicating a relatively high level of sustainability in their operations. This score suggests that the company has made significant efforts to reduce its carbon intensity. A score closer to 100 would mean even lower carbon intensity and better environmental performance.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Canary Wharf Group is part of the real estate sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Canary Wharf Group operates in the United Kingdom, which has a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by providing a cleaner energy grid and infrastructure.
18.81%

...this company is doing 18.81% better in emissions than the industry average.

Canary Wharf Group plc, founded in 2001 and based in London, operates within the real estate sector, specializing in property development, investment, and management. The company has transformed Canary Wharf into a thriving business and shopping district, offering grade A office space, retail, residential, and leisure facilities. With a significant development pipeline, Canary Wharf Group serves a diverse range of tenants and has initiated Level39 to support fintech and smart cities startups.

Good news, Canary Wharf Group has embraced SBTi commitments

Canary Wharf Group has established Science Based Targets initiative (SBTi) commitments to significantly reduce their greenhouse gas emissions from company operations, aligning with the ambitious goal of limiting global warming to 1.5°C. This involves a rigorous approach to cutting emissions across scopes 1 and 2, which include direct emissions from owned or controlled sources and indirect emissions from the generation of purchased energy.

There’s always room for improvement,

DitchCarbon recommends...

Canary Wharf Group should undertake a comprehensive inventory of all Scope 2 emissions sources, establish reduction targets tailored to each type of purchased energy, and improve their monitoring and reporting systems to better track progress and uncover additional reduction opportunities, potentially decreasing emissions by 25%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.