Pennon Group

Water Utilities / Multi-Utilities
PNN.L
GBX 1,078 0.47
Share price
$ 3.5 bn
Market Cap
$ 7.3 bn
Enterprise Value

Carbon footprint

77 Ton
GHG emissions per $ 1 mln investment
2.8x the weighted average for S&P 500
FY2021
How is this calculated?
-74%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-11%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

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
Pennon Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Pennon Group's carbon footprint

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 (-470 /-76.1% y-o-y). There has been no clear trend lately.

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.

Company environmental metrics

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