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Drax Group PLC

Common Name
Drax Group
Country
United Kingdom
Sector
Utilities
Industry
Utilities - Renewable
Employees
3,250
Ticker
DRX
Exchange
LONDON STOCK EXCHANGE
Description
Drax Group plc is a leading UK-based renewable energy company specializing in power generation, sustainable biomass pellet production, and carbon dioxide removal technologies. Its primary function is ...

Drax Group's Climate Target Data Preview

As of 2024, Drax Group has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Drax Group's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy/Paste is a PRO feature.
a
2030
Intensity-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold
0000000
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Drax Group’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2024.
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Verified Sources Behind Drax Group’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Drax Group’s data sources below and access millions more through our Disclosure Search.

a. Drax Group's Annual Report 2024

Insights into Drax Group's Greenhouse Gas Emissions Pathways

As of 2024, Drax Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Drax Group have a target to reduce the emissions from its operations?

As of 2024, Drax Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Drax Group's most ambitious operational target is to reduce these emissions by 75.7% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2020.a

Drax Group has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a

Drax Group's Operational (Scope 1+2) Emissions Pathway

20202024203000000BaselineCurrent (-87%)Target 2030 (-76%)

Does Drax Group have a target to reduce the emissions from its value chain?

As of 2024, Drax Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Drax Group's most ambitious value chain target is to reduce these emissions by 75.7% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold in 2020.a

Drax Group has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a

Drax Group's Value Chain (Scope 3) Emissions Pathway

20202024203000000BaselineCurrent (-80%)
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