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Serco Group PLC

Common Name
Serco Group
Country
United Kingdom
Sector
Technology
Industry
Consumer Electronics
Employees
43,445
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 GHG Emissions Data Preview

In 2024, Serco Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Serco Group has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Serco Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Serco Group’s data sources below and access millions more through our Disclosure Search.

a. Serco Group's ESG Data Spreadsheet 2024
a. Serco Group's ESG Data Spreadsheet 2024
b. Serco Group's ESG Data Spreadsheet 2023
b. Serco Group's ESG Data Spreadsheet 2023

Insights into Serco Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSerco Group amounted to36,795metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Serco Groupdecreased by 6.49%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Serco Group's Scope 1 Emissions Over Time

201920202021202220232024050 k100 k150 k200 ktCO2e-9%0%-82%-9%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Serco Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Serco Group were 24,731 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Serco Group reduced its Scope 1 emissions over time?

Since 2019, Serco Group's Scope 1 emissions have decreased by 86.37%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Serco Group's Scope 1 emissions decreased by 7.15%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Serco Group's Scope 2 emissions?

In 2024, Serco Group reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 12,064 tCOâ‚‚e using the location-based method.a

Has Serco Group reduced its Scope 2 emissions over time?

Since 2019, Serco Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 85.89%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Serco Group's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Serco Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Serco Group use for Scope 2 reporting?

In 2024, Serco Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Serco Group's Scope 2 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Serco Group's Value Chain Emissions

In 2024, Serco Group reported 739,440 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Serco Group includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Serco Group's Scope 3 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e+4%+15%+202%0%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Serco Group's Scope 3 emissions?

In 2024, Serco Group reported total Scope 3 emissions of 739,440 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Serco Group reduced its Scope 3 emissions over time?

Since 2019, Serco Group's Scope 3 emissionshave increased by 250.91%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Serco Group's Scope 3 emissions remained relatively stable, indicating that Serco Group's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Serco Group disclose?

In 2024, Serco Group reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Serco Group's Scope 3 emissions?

In 2024, the largest contributors to Serco Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 360,798 tCOâ‚‚e(48.79%)
  • Upstream Leased Assets (Cat. 8): 209,442 tCOâ‚‚e(28.32%)
  • Capital Goods (Cat. 2): 51,409 tCOâ‚‚e(6.95%)

Serco Group's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(28.3%)Capital Goods(Cat. 2)(7.0%)Purchased Goods andServices (Cat. 1)(48.8%)

Insights into Serco Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Serco Group reported Scope 1 greenhouse gas (GHG) emissions of 24,731 tCOâ‚‚e and total revenues of USD 6,008 millions. This translates into an emissions intensity of 4.12 tCOâ‚‚e per millions USD.a

Serco Group's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)101001,0005,00050,000Revenues (Millions of USD)WSSRGJPKOxford InstrumentsYear: 2024Scope 1: 425 tCO2eRevenue: $M 594Scope 1 Intensity: 0.72 tCO2e/$MEndavaYear: 2024Scope 1: 536 tCO2eRevenue: $M 1,259Scope 1 Intensity: 0.43 tCO2e/$MAuction Technology GroupYear: 2024Scope 1: 13 tCO2eRevenue: $M 174Scope 1 Intensity: 0.07 tCO2e/$MRenishawYear: 2025Scope 1: 3,141 tCO2eRevenue: $M 979Scope 1 Intensity: 3.21 tCO2e/$MWiseYear: 2024Scope 1: 215 tCO2eRevenue: $M 1,940Scope 1 Intensity: 0.11 tCO2e/$MWWWAG Payment SolutionsYear: 2024Scope 1: 2,552 tCO2eRevenue: $M 2,014Scope 1 Intensity: 1.27 tCO2e/$MSoftcatYear: 2024Scope 1: 96 tCO2eRevenue: $M 1,235Scope 1 Intensity: 0.08 tCO2e/$MComputacenterYear: 2024Scope 1: 1,939 tCO2eRevenue: $M 8,742Scope 1 Intensity: 0.22 tCO2e/$MSSSDI GroupYear: 2024Scope 1: 696 tCO2eRevenue: $M 83Scope 1 Intensity: 8.42 tCO2e/$MSSSolid StateYear: 2025Scope 1: 156 tCO2eRevenue: $M 162Scope 1 Intensity: 0.96 tCO2e/$MDiageoYear: 2025Scope 1: 369,000 tCO2eRevenue: $M 14,949Scope 1 Intensity: 24.68 tCO2e/$MArm HoldingsYear: 2025Scope 1: 941 tCO2eRevenue: $M 4,006Scope 1 Intensity: 0.23 tCO2e/$MBytes Technology GroupYear: 2025Scope 1: 92 tCO2eRevenue: $M 274Scope 1 Intensity: 0.33 tCO2e/$MRRRobert WaltersYear: 2024Scope 1: 570 tCO2eRevenue: $M 1,119Scope 1 Intensity: 0.51 tCO2e/$MGGGB GroupYear: 2024Scope 1: 7 tCO2eRevenue: $M 350Scope 1 Intensity: 0.02 tCO2e/$MJJJudges ScientificYear: 2024Scope 1: 241 tCO2eRevenue: $M 168Scope 1 Intensity: 1.44 tCO2e/$MPPPaysafeYear: 2024Scope 1: 94 tCO2eRevenue: $M 1,705Scope 1 Intensity: 0.06 tCO2e/$MClarivateYear: 2024Scope 1: 233 tCO2eRevenue: $M 2,558Scope 1 Intensity: 0.09 tCO2e/$MKKK3 Business Technology GroupYear: 2024Scope 1: 52 tCO2eRevenue: $M 29Scope 1 Intensity: 1.76 tCO2e/$MdiscoverIE GroupYear: 2024Scope 1: 1,546 tCO2eRevenue: $M 552Scope 1 Intensity: 2.80 tCO2e/$MIQEYear: 2024Scope 1: 3,455 tCO2eRevenue: $M 148Scope 1 Intensity: 23.33 tCO2e/$MSpectrisYear: 2024Scope 1: 4,327 tCO2eRevenue: $M 1,630Scope 1 Intensity: 2.65 tCO2e/$MSerco GroupYear: 2024Scope 1: 24,731 tCO2eRevenue: $M 6,008Scope 1 Intensity: 4.12 tCO2e/$M

How does Serco Group's GHG emissions intensity compare to its peers?

In 2024, Serco Group reported a Scope 1 emissions intensity of 4.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.61, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Serco Group rank on GHG emissions intensity within its industry?

In 2024, Serco Group ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Serco Group among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Serco Group's Total Carbon Footprint

In 2024, Serco Group reported a total carbon footprint of 776,235 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.13% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Serco Group's total carbon footprint was Scope 3 emissions, accounting for 95.26% of the company's total carbon footprint, followed by Scope 1 emissions at 3.19%.a

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