Drax Group
Alternative Electricity
DRX.L
GBX 449 (5)%
Share price
$ 2.5 bn
Market Cap
$ 4 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Drax 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
Drax Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,255 Kt (-1,825 /-59.3% y-o-y).
Drax Group's Scope 3 emissions declined marginally to 3,121 Kt (
The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -139 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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