Vistry Group
Carbon footprint
Primary Climate Goal
Vistry Group aims to reduce Scope 1 + 2 by 42% by 2030 from a base year 2020
GHG emissions and Carbon intensity
Vistry Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 28 Kt (+20/+254% y-o-y). Carbon intensity also surged to 8.4 t (+5/+147% y-o-y).
No public disclosure of Scope 3 emissions has been found for Vistry Group at the moment.
The company is committed to reducing Scope 1 + 2 by 42% by 2030 from a base year 2020, which translates into the estimated reduction of -2.6 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.
Vistry Group 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: Vistry Homes Ltd commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Vistry Homes commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.* Vistry Homes also commits to reduce scope 3 GHG emissions 51.6% per square meter of completed housing within the same timeframe. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Vistry Homes commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2022 base year. * Vistry Homes also commits to reduce scope 3 GHG emissions 97% per square meter of completed housing within the same timeframe. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.