Lsl Property Services

Lsl Property Services's reported carbon emissions

LSL Property Services, a UK-based real estate services company, has reported its carbon emissions for several years. In 2024, the company's total emissions were approximately 12.1 million kg CO2e. This figure includes Scope 1 emissions totalling about 691,600 kg CO2e, Scope 2 emissions of approximately 240,400 kg CO2e (market-based), and significant Scope 3 emissions amounting to about 11.1 million kg CO2e. Scope 3 emissions were largely driven by purchased goods and services (3.8 million kg CO2e), franchises (2.0 million kg CO2e), and investments (2.8 million kg CO2e). In 2023, LSL Property Services reported total emissions of approximately 15.2 million kg CO2e. This comprised Scope 1 emissions of about 730,400 kg CO2e, Scope 2 emissions of approximately 637,400 kg CO2e (market-based), and Scope 3 emissions totalling around 14.5 million kg CO2e. Purchased goods and services were the largest contributor to Scope 3 emissions in 2023, at approximately 10.4 million kg CO2e. The company is actively pursuing climate commitments, including a long-term goal to achieve net zero carbon emissions in its direct operations by 2040, covering both Scope 1 and Scope 2. LSL Property Services has also set near-term targets, aiming to reduce Scope 1 and 2 emissions by at least 4% by 2024, in line with a 1.5°C trajectory. Furthermore, the company is transitioning 57% of its leased petrol and diesel vehicles to EVs or hybrids by 2025. Historically, LSL Property Services has reported Scope 1 and 2 emissions, with figures for 2022 standing at approximately 2.0 million kg CO2e and for 2021 at around 2.2 million kg CO2e. The company is committed to reducing its Scope 1 operational carbon emissions by 63% by 2035, aligned with a 1.5°C scenario.