Berkeley Group Holdings
Carbon footprint
Primary Climate Goal
Berkeley Group Holdings aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019
Secondary Climate Goal
Berkeley Group Holdings aims to achieve carbon neutrality for all Scopes by 2040
GHG emissions and Carbon intensity
Berkeley Group Holdings reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 2.5 Kt (-0.31 /-10.8% y-o-y). Also positively, carbon intensity decreased to 0.9 t (-0.2 /-18.2% y-o-y).
Berkeley Group Holdings's Scope 3 emissions plummeted to 14 Kt (
The company is committed to achieving carbon neutrality for all Scopes by 2040, which translates into the estimated reduction of -0.83 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Berkeley Group Holdings aims to achive carbon neutrality across its entire value chain (all Scopes) in 2040. 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.