Vistry Group PLC

Common Name
Vistry Group
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Residential Construction
Employees
4,587
Ticker
VTY
Exchange
LONDON STOCK EXCHANGE
Description
Vistry Group plc is a British housebuilding company renowned for its construction and development of residential properties across the United Kingdom. As a leading player in the UK's housing sector, V...

Vistry Group's Climate Target Data Preview

As of 2023, Vistry Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, 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 Vistry 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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a
2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
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Verified Sources Behind Vistry Group’s Climate Targets Data

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a. Vistry Group's Annual Report 2023
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Insights into Vistry Group's Greenhouse Gas Emissions Pathways

As of 2023, Vistry 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

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

As of 2023, Vistry Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Vistry Group's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 25,408 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Instead of reducing operational emissions, Vistry Group has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

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

20222023203007 k14 k21 k28 kCurrent (+9%)Target 2030 (-42%)

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

As of 2023, Vistry Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Vistry Group's most ambitious value chain target is to reduce these emissions by 51.6% by 2030, compared to a baseline of 0.016 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2022. a

As of 2023, Vistry Group is lagging behind on its value chain emissions reduction target, having achieved 1.16% of the planned reduction. a

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

202220232030000.010.010.02Current (-1%)Target 2030 (-52%)
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