Taylor Wimpey

Taylor Wimpey's reported carbon emissions

Taylor Wimpey, a real estate services company based in the UK, reported approximately 1.8 billion kg CO2e in total emissions for the 2024 reporting year. This figure encompasses Scope 1, 2, and 3 emissions. **Key Emissions Data and Targets:** * **2024 Emissions:** * Total Emissions: Approximately 1.8 billion kg CO2e * Scope 1 Emissions: Approximately 11.8 million kg CO2e (primarily from mobile combustion) * Scope 2 Emissions (Market-Based): Approximately 1.2 million kg CO2e * Scope 3 Emissions: Approximately 1.8 billion kg CO2e, with significant contributions from purchased goods and services (approximately 884 million kg CO2e) and the use of sold products (approximately 760 million kg CO2e). * **Reduction Targets:** * **Near-Term:** Taylor Wimpey aims for a 36% reduction in Scope 1 and 2 GHG emissions intensity by 2025, based on a 2019 baseline. They have also committed to a 25.8% absolute reduction in Scope 1 and 2 emissions by 2025 from the 2019 baseline, and a 46.2% absolute reduction in Scope 3 emissions by 2030 from the 2019 base year. * **Long-Term:** The company is working towards achieving net-zero GHG emissions across its value chain by 2045. This includes a target of a 90% absolute reduction in Scope 1 and 2 emissions by 2045 and a 90% absolute reduction in Scope 3 emissions by 2045, both from a 2019 base year. Taylor Wimpey's climate commitments are validated by the Science Based Targets initiative (SBTi), which confirms their targets are aligned with limiting global warming to 1.5°C. The company is actively working towards these science-based targets, with some near-term targets reportedly on track.