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 GHG Emissions Data Preview

In 2024, Pennon 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).

Pennon Group has also provided a category-level breakdown for 7 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
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Pennon Group’s Greenhouse Gas (GHG) Emissions Data

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a. Pennon Group's ESG Data Spreadsheet 2024
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Insights into Pennon Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Pennon Group amounted to 110,312 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 Pennon Group increased by 4.08%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Pennon Group's Scope 1 Emissions Over Time

20222023202407.5 k15 k22.5 k30 ktCO2e+18%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Pennon Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Pennon Group were 26,737 metric tons of CO₂ equivalent (tCO₂e). a

Has Pennon Group reduced its Scope 1 emissions over time?

Since 2022, Pennon Group's Scope 1 emissions have increased by 9.56%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Pennon Group's Scope 1 emissions decreased by 7.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Pennon Group's Scope 2 emissions?

In 2024, Pennon Group reported Scope 2 greenhouse gas (GHG) emissions of 25,662 tCO₂e using the market-based method and 83,575 tCO₂e using the location-based method. a

Has Pennon Group reduced its Scope 2 emissions over time?

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

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

What methodology does Pennon Group use for Scope 2 reporting?

In 2024, Pennon Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Pennon Group's Scope 2 Emissions Over Time

202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Pennon Group's Value Chain Emissions

In 2024, Pennon Group reported 314,999 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 Pennon Group includes a breakdown across 7 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

Pennon Group's Scope 3 Emissions Over Time

202220232024080 k160 k240 k320 ktCO2e-20%+31%
  • Total Scope 3
  • Year-over-Year Change

What are Pennon Group's Scope 3 emissions?

In 2024, Pennon Group reported total Scope 3 emissions of 314,999 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Pennon Group reduced its Scope 3 emissions over time?

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

Compared to the previous year (2023), Pennon Group's Scope 3 emissions increased by 31.44%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Pennon Group disclose?

In 2024, Pennon Group reported emissions for 7 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 Pennon Group's Scope 3 emissions?

In 2024, the largest contributors to Pennon Group's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 167,886 tCO₂e (53.3%)
  • Purchased Goods and Services (Cat. 1): 99,839 tCO₂e (31.7%)
  • Fuel- and Energy-Related Services (Cat. 3): 29,586 tCO₂e (9.39%)

Pennon Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(31.7%)Capital Goods(Cat. 2)(53.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(9.4%)

Insights into Pennon Group's Total Carbon Footprint

In 2024, Pennon Group reported a total carbon footprint of 425,311 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.05% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Pennon Group's total carbon footprint was Scope 3 emissions, accounting for 74.06% of the company's total carbon footprint, followed by Scope 2 emissions at 19.65%. a

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