Severfield PLC

Common Name
Severfield
Country
United Kingdom
Sector
Industrials
Industry
Engineering & Construction
Employees
1,900
Ticker
SFR
Exchange
LONDON STOCK EXCHANGE
Description
Severfield plc, a leading construction company, specializes in the design, fabrication, and assembly of structural steelwork for a broad spectrum of building and infrastructure projects. Known for its...

Severfield's GHG Emissions Data Preview

In 2024, Severfield 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).

Severfield has also provided a category-level breakdown for 4 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Severfield's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Severfield amounted to 9,579 metric 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Severfield increased by 0.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Severfield's Scope 1 Emissions Over Time

2023202402 k4 k6 k8 ktCO2e-5%
  • Total Scope 1
  • Year-over-Year Change

What are Severfield's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Severfield were 6,101 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Severfield's Scope 1 emissions decreased by 4.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Severfield's Scope 2 emissions?

In 2024, Severfield reported Scope 2 greenhouse gas (GHG) emissions of 157 tCOâ‚‚e using the market-based method, and 3,478 tCOâ‚‚e using the location-based method.

Has Severfield reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Severfield's Scope 2 emissions (Location-Based) rose by 11.98% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Severfield use for Scope 2 reporting?

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

Severfield's Scope 2 Emissions Over Time

2023202409001.8 k2.7 k3.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Severfield's Value Chain Emissions

In 2024, Severfield reported 12,445 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Severfield includes a breakdown across 4 of 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.

Severfield's Scope 3 Emissions Over Time

2023202403.5 k7 k10.5 k14 ktCO2e-6%
  • Total Scope 3
  • Year-over-Year Change

What are Severfield's Scope 3 emissions?

In 2024, Severfield reported total Scope 3 emissions of 12,445 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

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

What categories of Scope 3 emissions does Severfield disclose?

In 2024, Severfield reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2024, the largest contributors to Severfield's Scope 3 emissions were:

  • Upstream Transportation and Distribution (Cat. 4): 6,979 tCOâ‚‚e (56.08%)
  • Employee Commuting (Cat. 7): 4,008 tCOâ‚‚e (32.21%)
  • Business Travel (Cat. 6): 1,204 tCOâ‚‚e (9.67%)

Severfield's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(9.7%)Employee Commuting(Cat. 7)(32.2%)UpstreamTransportation andDistribution(Cat. 4)(56.1%)

Insights into Severfield's Total Carbon Footprint

In 2024, Severfield reported a total carbon footprint of 22,024 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.93% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Severfield's total carbon footprint was Scope 3 emissions, accounting for 56.51% of the company's total carbon footprint, followed by Scope 1 emissions at 27.7%.

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