Primary Climate Goal
United Utilities's target annual Scope 1 + 2 emissions for 2030 should be equal to 80 Kt = 42% * 138 Kt, according to the company's stated climate goal.
In order to achieve this goal, United Utilities would need to reduce its emissions at least by -6.8 Kt per annum over the period from 2022 to 2030:
-6.8 Kt = ( 80 Kt - 141 Kt ) / (2030 - 2021)
This translates into a -4.8% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
United Utilities aims to reduce Scope 1 + 2 by 42% by 2030 from a base year 2019
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
United Utilities reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 141 Kt (+2.1/+1.5% y-o-y).
United Utilities's Scope 3 emissions grew to 443 Kt (
The company is committed to reducing Scope 1 + 2 by 42% by 2030 from a base year 2019, which translates into the estimated reduction of -6.8 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.
United Utilities aims to achive carbon neutrality across its operations (Scope 1 + 2) 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.
United Utilities also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. United Utilities commits to reduce absolute scope 1 and scope 2 GHG emissions 42% by 2030 from a 2020 base year*. United Utilities commits to increase annual sourcing of renewable electricity from 95% in 2020 to 100% by 2023. United Utilities commits that 66% of suppliers by emissions within scope 3 capital goods, will have science-based targets by 2025. United Utilities commits to reduce absolute scope 3 GHG emissions covering all other scope 3 categories 25% by 2030 from a 2020 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks.