As of 2024, Serco Group 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 Serco Group'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) | -46%a | 2030 |
Absolute-based Target | Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | -25%a | 2030 |
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As of 2024, Serco 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
As of 2024, Serco Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Serco Group's most ambitious operational target is to reduce these emissions by 46% by 2030, compared to a baseline of 37,248 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a
As of 2024, Serco Group is ahead of schedule on its operational emissions reduction target, having achieved 73.04% of the planned reduction.a
As of 2024, Serco Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Serco Group's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 60,351 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a
Instead of reducing value chain emissions, Serco Group has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.a