Pennon Group
Water Utilities
PNN.L
GBX 940 0.64
Share price
$ 3 bn
Market Cap
$ 6.7 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Pennon Group aims to achieve net zero for Scope 1 + 2 by 2030
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Pennon Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 562 Kt (-1,564 /-73.6% y-o-y). Also positively, carbon intensity tumbled to 726 t (-1,839 /-71.7% y-o-y).
Pennon Group's Scope 3 emissions plummeted to 147 Kt (
The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -62 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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