Hargreaves Lansdown
Carbon footprint
Primary Climate Goal
Hargreaves Lansdown aims to achieve net zero for all Scopes by 2050
GHG emissions and Carbon intensity
Hargreaves Lansdown reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 1.6 Kt (-0.18 /-9.9% y-o-y). Also positively, carbon intensity plummeted to 2.1 t (-0.5 /-19.2% y-o-y).
Hargreaves Lansdown reported Scope 3 emissions for the the twelve months ending30 June 2021 at 0.02
The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -0.06 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Hargreaves Lansdown aims to achive carbon neutrality across its entire value chain (all Scopes) in 2025. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.