In 2024, Babcock International Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Babcock International Group has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 42,714a | 44,511a | 58,387b | |
Total Scope 2 | ||||
Market-Based | 60,816a | 66,499a | 73,884b | |
Location-Based | 39,832a | 42,635a | 42,670c | |
Total Scope 3 | 4,934,120a | 4,367,218a | 2,067,540b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 7.7058a | 8.0955a | 10.8338b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Babcock International Group amounted to 82,546 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Babcock International Group decreased by 5.28%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Babcock International Group were 42,714 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Babcock International Group's Scope 1 emissions have decreased by 43.91%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Babcock International Group's Scope 1 emissions decreased by 4.04%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Babcock International Group reported Scope 2 greenhouse gas (GHG) emissions of 60,816 tCO₂e using the market-based method and 39,832 tCO₂e using the location-based method.a
Since 2020, Babcock International Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 26.7%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Babcock International Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Babcock International Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Babcock International Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Babcock International Group reported 4,934,120 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Babcock International Group includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Babcock International Group reported total Scope 3 emissions of 4,934,120 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 17.43% of these emissions originated from upstream activities such as purchased goods and capital goods, while 82.57% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Babcock International Group's Scope 3 emissions increased by 12.98%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Babcock International Group reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Babcock International Group's Scope 3 emissions were:a
In 2024, Babcock International Group reported Scope 1 greenhouse gas (GHG) emissions of 42,714 tCO₂e and total revenues of USD 5,543 millions. This translates into an emissions intensity of 7.71 tCO₂e per millions USD.a
In 2024, Babcock International Group reported a Scope 1 emissions intensity of 7.71 tCO₂e per millions USD. Compared to the peer group median of 8.19, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Babcock International Group ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Babcock International Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Babcock International Group reported a total carbon footprint of 5,016,666 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.62% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Babcock International Group's total carbon footprint was Scope 3 emissions, accounting for 98.35% of the company's total carbon footprint, followed by Scope 1 emissions at 0.85%.a