Direct Line Group

Direct Line Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 11 Kt (-0.55 /-4.7% y-o-y). Also positively, carbon intensity was down at 2.5 t (-0.3 /-10.7% y-o-y).

Direct Line Group's Scope 3 emissions climbed to 227 Kt (+78/+52% y-o-y). The parameter has been fairly volatile.

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -0.38 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Direct Line Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Headline target: Direct Line Insurance Group plc's portfolio targets cover 75% of its total investment and lending activities by monetary value as of 2019. https://sciencebasedtargets.org/resources/files/Target-language-and-summary_Direct-Line-Insurance-Group-plc.docx.pdf