ITV plc

Broadcasting
ITV.L
GBX 73 2.9
Share price
$ 3.7 bn
Market Cap
$ 4.3 bn
Enterprise Value

Carbon footprint

1.1 Ton
GHG emissions per $ 1 mln investment
0.04x the weighted average for S&P 500
FY2021
How is this calculated?
-44%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+4.2%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2022
How is this calculated?

ITV plc aims to reduce Scope 1 + 2 by 46.2% by 2030 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
1.5°C
ITV plc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-11%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -6.9% weighted average for S&P 500
FY2022
How is this calculated?

ITV plc aims to achieve carbon neutrality for all Scopes by 2030


1.5°C
ITV plc's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

ITV plc's GHG emissions (market-based) (Kt of CO2e)
ITV plc's Carbon intensity (Tons per 1 USDm)

ITV plc's carbon footprint

ITV plc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 4.6 Kt (-3.5 /-43.6% y-o-y). Also positively, carbon intensity plunged to 1 t (-1.2 /-54.5% y-o-y).

ITV plc's Scope 3 emissions decreased to 712 Kt (-61 /-7.9% y-o-y). This is broadly in line with the declining trend (CAGR -7.2%) since 4Q'19.

The company is committed to reducing Scope 1 + 2 by 46.2% by 2030 from a base year 2019, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving carbon neutrality for all Scopes by 2030, which translates into the estimated reduction of -80 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 28% by 2030 from a base year 2019, which translates into the estimated reduction of -7.9 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

ITV plc aims to achive carbon neutrality across its entire value chain (all Scopes) in 2030. 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.

Company environmental metrics

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