Next PLC

Common Name
Next
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Apparel Retail
Employees
32,931
Ticker
NXT
Exchange
LONDON STOCK EXCHANGE
Description
Next plc is a British multinational clothing, footwear, and home products retailer headquartered in Enderby, Leicestershire. Its primary function is to design, market, and sell stylish and high-qualit...

Next's GHG Emissions Data Preview

In 2024, Next 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).

Next has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Next's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Next amounted to 87,374 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Next increased by 0.75%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Next's Scope 1 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e+2%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Next's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Next were 44,001 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Next reduced its Scope 1 emissions over time?

Since 2022, Next's Scope 1 emissions have increased by 3.25%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Next's Scope 1 emissions increased by 1.38%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Next's Scope 2 emissions?

In 2024, Next reported Scope 2 greenhouse gas (GHG) emissions of 43,373 tCOâ‚‚e using the location-based method.

Has Next reduced its Scope 2 emissions over time?

Since 2022, Next's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Next 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2023), Next's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Next 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Next use for Scope 2 reporting?

In 2024, Next reported its Scope 2 emissions using the location-based method.

Next's Scope 2 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based

Insights into Next's Value Chain Emissions

In 2024, Next reported 2,275,389 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Next includes a breakdown across 10 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.

Next's Scope 3 Emissions Over Time

2022202320240600 k1.2 M1.8 M2.4 MtCO2e+1%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Next's Scope 3 emissions?

In 2024, Next reported total Scope 3 emissions of 2,275,389 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 73.64% of these emissions originated from upstream activities such as purchased goods and capital goods, while 26.36% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Next reduced its Scope 3 emissions over time?

Since 2022, Next's Scope 3 emissions have remained relatively stable, indicating that Next 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2023), Next's Scope 3 emissions remained relatively stable, indicating that Next 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Next disclose?

In 2024, Next reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2024, the largest contributors to Next's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,394,622 tCOâ‚‚e (61.29%)
  • Use of Sold Products (Cat. 11): 574,636 tCOâ‚‚e (25.25%)
  • Upstream Transportation and Distribution (Cat. 4): 135,475 tCOâ‚‚e (5.95%)

Next's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(61.3%)UpstreamTransportation andDistribution(Cat. 4)(6.0%)Use of Sold Products(Cat. 11)(25.3%)

Insights into Next's Total Carbon Footprint

In 2024, Next reported a total carbon footprint of 2,362,763 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.08% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Next's total carbon footprint was Scope 3 emissions, accounting for 96.3% of the company's total carbon footprint, followed by Scope 1 emissions at 1.86%.