Reece Ltd

Common Name
Reece
Country
Australia
Sector
Industrials
Industry
Industrial Distribution
Employees
9,000
Ticker
REH
Exchange
ASX
Description
Reece Ltd is a leading distributor and retailer of plumbing, waterworks, and HVAC-R products in Australia, New Zealand, and the United States. The company's primary function is to supply a comprehensi...

Reece's Climate Target Data Preview

As of 2023, Reece has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Reece ’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)
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2030

This table provides a simplified preview of selected climate targets 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 Reece's Greenhouse Gas Emissions Pathways

As of 2023, Reece has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Reece have a target to reduce the emissions from its operations?

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

Reece's most ambitious operational target is to reduce these emissions by 35% by 2030, compared to a baseline of 64,102 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

Instead of reducing operational emissions, Reece has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

Reece's Operational (Scope 1+2) Emissions Pathway

202120232030020 k40 k60 k80 kCurrent (+2%)Target 2030 (-35%)
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