Measuring our carbon footprint
We are committed to reducing GHG emissions, recognising this as a vital and complex challenge. Our climate action journey follows a strategic and iterative approach, guided by milestones that help us to assess and manage our emissions, impacts, risks, and opportunities.
In 2023, we conducted our first comprehensive GHG accounting for the year 2022, which provided valuable insights for refining our approach. Building on this, we developed a GHG Inventory Management Plan for 2023, in alignment with the GHG Protocol, to enable robust and standardised reporting. This process of initial data collection and quality improvement enabled the 2023 figures to be used as a solid baseline for future emission calculations, initiatives, and actions.
In 2024, as part of our evolving sustainability strategy, we conducted a thorough assessment based on TCFD recommendations5 to identify and manage climate-related risks and opportunities. This process was pivotal in shaping our understanding of challenges and interdependencies, allowing us to set meaningful GHG reduction targets as part of our decarbonisation strategy. Going forward, our strategy is planned to increasingly leverage data-driven insights to guide decision-making, demonstrating our long-term commitment to transparent and accountable climate action for a sustainable future.