QinetiQ Group PLC

Common Name
QinetiQ Group
Country
United Kingdom
Sector
Industrials
Industry
Aerospace & Defense
Employees
8,403
Ticker
QQ.
Exchange
LONDON STOCK EXCHANGE
Description
QinetiQ Group plc provides science and technology solution in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company op...

QinetiQ Group's Climate Target Data Preview

As of 2023, QinetiQ Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 QinetiQ Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind QinetiQ Group’s Climate Targets Data

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a. QinetiQ Group's Climate Change Strategy Report 2023
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Insights into QinetiQ Group's Greenhouse Gas Emissions Pathways

As of 2023, QinetiQ 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 QinetiQ Group have a target to reduce the emissions from its operations?

As of 2023, QinetiQ Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

QinetiQ Group's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 34,784 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2023, QinetiQ Group is ahead of schedule on its operational emissions reduction target, having achieved 64.76% of the planned reduction. a

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

20202023203009 k18 k27 k36 kBaselineCurrent (-32%)Target 2030 (-50%)

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

As of 2023, QinetiQ Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

QinetiQ Group's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 16,526 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

QinetiQ Group has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

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

20202023203004.5 k9 k13.5 k18 kBaselineCurrent (-31%)

Does QinetiQ Group have a target to reduce its total carbon footprint?

As of 2023, QinetiQ Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

QinetiQ Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 51,310 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 33% by 2030. a

As of 2023, QinetiQ Group is ahead of schedule on its total carbon footprint reduction target, having achieved 96.73% of the planned reduction. a

QinetiQ Group's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202020232030015 k30 k45 k60 kBaselineCurrent (-32%)
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