Pennon Group PLC

Common Name
Pennon Group
Country
United Kingdom
Sector
Utilities
Industry
Utilities - Regulated Water
Employees
3,909
Ticker
PNN
Exchange
LONDON STOCK EXCHANGE
Description
Pennon Group plc is a leading UK-based environmental infrastructure company, specializing in water and waste management services. Primarily known for its management of South West Water, Pennon Group d...

Pennon Group's Climate Target Data Preview

As of 2024, Pennon Group has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction 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 Pennon Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 2 - 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)
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a
2033
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2033
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Verified Sources Behind Pennon Group’s Climate Targets Data

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a. Pennon Group's Annual Report 2024
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Insights into Pennon Group's Greenhouse Gas Emissions Pathways

As of 2024, Pennon 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 Pennon Group have a target to reduce the emissions from its operations?

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

Pennon Group's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 91,330 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Pennon Group is ahead of schedule on its operational emissions reduction target, having achieved 71.9% of the planned reduction. a

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

2021202420252030025 k50 k75 k100 kBaselineCurrent (-72%)Target 2030 (-100%)
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