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HomeServe Ltd

Common Name
HomeServe
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Personal Services
Employees
N/A
Ticker
HSV
Exchange
LONDON STOCK EXCHANGE

HomeServe's GHG Emissions Data Preview

In 2022, HomeServe 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).

HomeServe has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)20222021
Total Scope 1
19,725a
13,698a
Total Scope 2
Market-Based
2,463a
1,995a
Location-Based
1,701a
1,574a
Total Scope 3
1,010,144a
N/A
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Verified Sources Behind HomeServe’s Greenhouse Gas (GHG) Emissions Data

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a. HomeServe's Annual Report 2022

Insights into HomeServe's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of HomeServe amounted to 21,426 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 2021, the total operational greenhouse gas (GHG) emissions of HomeServe increased by 40.3%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

HomeServe's Scope 1 Emissions Over Time

2021202205 k10 k15 k20 ktCO2e+44%
  • Total Scope 1
  • Year-over-Year Change

What are HomeServe's Scope 1 emissions?

In 2022, the total Scope 1 emissions of HomeServe were 19,725 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2021), HomeServe's Scope 1 emissions increased by 44%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are HomeServe's Scope 2 emissions?

In 2022, HomeServe reported Scope 2 greenhouse gas (GHG) emissions of 2,463 tCO₂e using the market-based method and 1,701 tCO₂e using the location-based method.a

Has HomeServe reduced its Scope 2 emissions over time?

Compared to the previous year (2021), HomeServe's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that HomeServe's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does HomeServe use for Scope 2 reporting?

In 2022, HomeServe reported its Scope 2 emissions using the market-based method and using the location-based method.a

HomeServe's Scope 2 Emissions Over Time

2021202206501.3 k1.95 k2.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into HomeServe's Value Chain Emissions

In 2022, HomeServe reported 1,010,144 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 2022 disclosure of HomeServe includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

HomeServe's Scope 3 Emissions Over Time

20220300 k600 k900 k1.2 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are HomeServe's Scope 3 emissions?

In 2022, HomeServe reported total Scope 3 emissions of 1,010,144 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 83% came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does HomeServe disclose?

In 2022, HomeServe reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of HomeServe's Scope 3 emissions?

In 2022, the largest contributors to HomeServe's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 838,250 tCO₂e (82.98%)
  • Purchased Goods and Services (Cat. 1): 88,902 tCO₂e (8.8%)
  • Waste Generated in Operations (Cat. 5): 43,867 tCO₂e (4.34%)

HomeServe's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(8.8%)Use of Sold Products(Cat. 11)(83.0%)Waste Generated inOperations (Cat. 5)(4.3%)

Insights into HomeServe's Total Carbon Footprint

In 2022, HomeServe reported a total carbon footprint of 1,031,570 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6,654.65% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to HomeServe's total carbon footprint was Scope 3 emissions, accounting for 97.92% of the company's total carbon footprint, followed by Scope 1 emissions at 1.91%.a

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