As part of our journey to Net Zero, Bowers Group has now calculated the total Greenhouse Gas Emissions for the benchmark year of FY21 – 22 ending 30th September 2022.
Across Scope 1, 2 and 3, the total Greenhouse Gas Emissions was calculated at 3,149 tCO2e, with scope 1 and 2 emissions representing 11.1% of the total emissions and Scope 3 emissions represent 88.9% of the total emissions.
Embedded Emissions in Goods and Services
The most significant emissions source is from the embedded emissions in goods and services that Bowers Group purchases. This Scope 3 category accounted for 43% of the company's total carbon footprint. Emissions from use of sold products and upstream transportation and distribution are also significant contributors to Scope 3 emissions.
All emissions have been calculated following the GHG Protocol's Corporate Accounting and Reporting Standard. All seven greenhouse gases defined by the Kyoto Protocol have been accounted for and reported on a tonnes of carbon dioxide equivalent tCO2e basis.
Our Net Zero Targets
The next part of Bowers Group’s journey will be to set out our Net Zero targets for Scope 1 and 2 and then for Scope 3. Bowers Group Managing Director Martin Hawkins said:
“In the coming weeks we should have data for the previous financial year ending 30th September 2023 and what reductions we have already been able to achieve.
Our commitments to reducing our Carbon Footprint continues as we seek to play our part in the global reduction of Greenhouse Gas Emissions.”
For more information on our journey to Net Zero, please visit the Environmental and Social Governance page on the Bowers Group website>> Bowers Group Environmental Social & Governance (ESG) - bowersUK