Mitie

Mitie, a UK-based real estate services company, has committed to ambitious climate action, targeting net-zero greenhouse gas emissions across its value chain by FY2046 from a FY2017 base year.

In 2022, Mitie reported total emissions of approximately 294.6 million kg CO2e. This included Scope 1 emissions of approximately 19.4 million kg CO2e, Scope 2 emissions of about 1.2 million kg CO2e, and Scope 3 emissions of approximately 274 million kg CO2e. Key contributors to Scope 3 emissions were purchased goods and services (about 257 million kg CO2e) and upstream transportation and distribution (approximately 14 million kg CO2e).

Looking ahead, Mitie has set several Science-Based Targets initiative (SBTi) validated targets:

• Near-term (by FY2027): Reduce absolute Scope 1 and 2 GHG emissions by 29.4% from a FY2022 base year. They also aim to reduce absolute Scope 3 GHG emissions from fuel and energy-related activities, waste generated in operations, business travel, and employee commuting by 25.2% from a FY2022 base year. Additionally, 60% of suppliers by spend covering purchased goods and services and upstream transportation and distribution are targeted to have science-based targets by FY2027.
• Long-term (by FY2046): Achieve a 90% reduction in absolute Scope 1 and 2 GHG emissions from a FY2022 base year, and a 90% reduction in absolute Scope 3 GHG emissions within the same timeframe.

Mitie is also committed to its "Plan Zero Initiative," which includes a goal for net-zero operational emissions by 2025 and net-zero non-operational emissions by 2035. They have made progress, noting a 22% reduction in emissions to about 12.8 million tonnes CO2e in FY25 under market-based conditions, inclusive of carbon credits, largely due to an increase to 6,255 EVs in their fleet.