Ricardo Ltd
Ricardo's Climate Target Data Preview
As of 2023, Ricardo has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 Ricardo's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2031 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2031 |
Verified Sources Behind Ricardo’s Climate Targets Data
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Insights into Ricardo's Greenhouse Gas Emissions Pathways
As of 2023, Ricardo 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 Ricardo have a target to reduce the emissions from its operations?
As of 2023, Ricardo has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Ricardo's most ambitious operational target is to reduce these emissions by 46.2% by 2031, compared to a baseline of 6,359 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Ricardo has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2031 value, achieving its climate goal ahead of schedule.a