Taylor Wimpey

Taylor Wimpey, a UK-based real estate services company, has committed to significant climate action. The company has set a long-term goal to achieve net-zero GHG emissions across its value chain by 2045, with near-term Science Based Targets (SBTi) in place.

In its most recent reporting year, Taylor Wimpey disclosed its 2024 emissions data. The total Scope 1 and 2 emissions were approximately 13,005,000 kg CO2e (13,005 tonnes CO2e). This includes about 11,787,000 kg CO2e (11,787 tonnes CO2e) from Scope 1 (mobile combustion) and approximately 1,218,000 kg CO2e (1,218 tonnes CO2e) from Scope 2 (market-based). The company's Scope 3 emissions in 2024 were approximately 1,800,612,000 kg CO2e (1,800,612 tonnes CO2e). Key contributors to Scope 3 emissions include purchased goods and services at approximately 884,166,000 kg CO2e (884,166 tonnes CO2e) and use of sold products at about 760,145,000 kg CO2e (760,145 tonnes CO2e).

Looking at historical data, Taylor Wimpey's Scope 1 and 2 emissions have shown a downward trend, from approximately 24,581,000 kg CO2e (24,581 tonnes CO2e) in 2019 to the 13,005,000 kg CO2e (13,005 tonnes CO2e) in 2024. Total reported emissions across all scopes were approximately 1,813,618,000 kg CO2e (1,813,618 tonnes CO2e) in 2024, a decrease from approximately 1,993,750,000 kg CO2e (1,993,750 tonnes CO2e) in 2023.

Taylor Wimpey's climate commitments include:

• Near-term targets (SBTi-validated):
  • Reduce absolute Scope 1 and 2 GHG emissions by 25.8% by 2025 from a 2019 base year. This is equivalent to a 36.0% reduction per 100 m² of completed floor area.
  • Reduce absolute Scope 3 GHG emissions by 46.2% by 2030 from a 2019 base year, which is equivalent to a 52.8% reduction per 100 m² of completed floor area.
• Long-term targets (SBTi-validated):
  • Reduce absolute Scope 1 and 2 GHG emissions by 90% by 2045 from a 2019 base year, equivalent to a 91.3% reduction per 100 m² of completed floor area.
  • Reduce absolute Scope 3 GHG emissions by 90% by 2045 from a 2019 base year, equivalent to a 91.3% reduction per 100 m² of completed floor area.
• Net-zero commitment: Achieve net-zero GHG emissions across the value chain by 2045.