WPP plc

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WPP.L
$ 732 (3.4)%
Share price
$ 0.09 bn
Market Cap
$ 0.16 bn
Enterprise Value

Carbon footprint

221 Ton
GHG emissions per $ 1 mln investment
5.5x the weighted average for S&P 500
FY2021
How is this calculated?
-32%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-15%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

WPP plc aims to reduce Scope 1 + 2 by 84% by 2025 from a base year 2019


1.5°C
WPP plc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-11%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -7.1% weighted average for S&P 500
FY2022
How is this calculated?

WPP plc aims to achieve net zero for all Scopes by 2030


This target has not been verified as science based according to SBTi
WPP plc's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

WPP plc's GHG emissions (market-based) (Kt of CO2e)
WPP plc's Carbon intensity (Tons per 1 USDm)

WPP plc's carbon footprint

WPP plc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 35 Kt (-17 /-32.4% y-o-y). Also positively, carbon intensity plummeted to 16 t (-16 /-50.8% y-o-y).

WPP plc's Scope 3 emissions decreased to 11 Kt (-12 /-51% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-45.7% CAGR).

The company is committed to reducing Scope 1 + 2 by 84% by 2025 from a base year 2019, which translates into the estimated reduction of -5.3 Kt per annum over the period of FY2022 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -5.2 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.

Also, the company commits to reducing Scope 3 by 50% by 2030 from a base year 2019, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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