Taylor Wimpey

Taylor Wimpey reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 20 Kt (+1.2/+6.7% y-o-y). Carbon intensity also increased to 5.1 t (+0.7/+16% y-o-y).

Taylor Wimpey's Scope 3 emissions increased to 2,632 Kt (+671/+34% y-o-y). This is a higher growth rate than over the period since 4Q'14 (+18% CAGR).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Taylor Wimpey also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target Taylor Wimpey plc commits to reach net-zero GHG emissions across the value chain by 2045. Near-Term Targets Taylor Wimpey plc commits to reduce absolute scope 1 and 2 GHG emissions 25.8% by 2025 from a 2019 base year, equivalent to a 36.0% per 100 m2 of completed floor area reduction. Taylor Wimpey plc also commits to reduce absolute scope 3 GHG emissions 46.2% by 2030 from a 2019 base year, equivalent to a 52.8% per 100 m2 of completed floor area reduction. Long-Term Targets Taylor Wimpey plc commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2045 from a 2019 base year, equivalent to a 91.3% per 100 m2 of completed floor area reduction. Taylor Wimpey plc commits to reduce absolute scope 3 GHG emissions 90% by 2045 from a 2019 base year, equivalent to a 91.3% per 100 m2 of completed floor area reduction.