Serco Group PLC

Common Name
Serco Group
Country
United Kingdom
Sector
Industrials
Industry
Specialty Business Services
Employees
50,000
Ticker
SRP
Exchange
LONDON STOCK EXCHANGE
Description
Serco Group PLC is a multinational service company that specializes in delivering essential public services across various sectors. Its primary function is to provide outsourced services to government...

Serco Group's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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)
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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 Serco Group's Greenhouse Gas Emissions Pathways

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.

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

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.

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.

As of 2024, Serco Group is ahead of schedule on its operational emissions reduction target, having achieved 73.04% of the planned reduction.

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

20222024203009.5 k19 k28.5 k38 kBaselineCurrent (-34%)Target 2030 (-46%)

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

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.

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.

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.

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

202220242030020 k40 k60 k80 kCurrent (+2%)Target 2030 (-25%)
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