SSE plc
More information available in H2-2024

Current Score (vs. LY)

20.0 pts (-)

Last Update: Nov. 21, 2023

Current Rankings

Global: #139

FTSE: #1

Utilities: #7

33.3%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

25.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

0.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2022Y2021Y2020
Scope 1 5,746,5047,098,0378,186,645
Scope 2 - location-based 491,585535,812646,002
Scope 2 - market-based 491,585535,812646,002
Scope 1-2 - location-based 6,238,0897,633,8498,832,647
Scope 1-2 - market-based 6,238,089 7,633,849 8,832,647
Scope 3 12,143,71011,391,00014,052,311
Total - location-based 18,381,79919,024,84922,884,958
Total - market-based 17,422,406 18,098,817 22,076,570

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 64,238,41144,745,731
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)


Emissions Trajectory not available



Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

SSE plc belongs to the sector Utilities.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email


Science-based Targets (SBTI)

Date Published / Updated :01/12/2021

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030, 2024, 2034 No target Yes
SSE plc is a member of the Business Ambition for 1.5 campaign (link here )

SSE plc commits to reduce scope 1 GHG emissions 80.2% per kWh by 2030 from a 2018 base year.* reduce absolute scope 1 and 2 GHG emissions 72.5% over the same timeframe.* SSE plc commits that 50% of its suppliers by spend will have a science-based targets by 2024. SSE plc also commits to reduce absolute GHG emissions from use of products sold 50% by 2034 from a 2018 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for SSE by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • Avoid biodiversity harm
  • Avoid social harm
  • Other conditions
Plans for carbon dioxide removal (CDR) Yes (nature-based and CCS-based removals)

Additional notes: Nature-based carbon removal "SSEN Distribution is proposing to deliver 2,000ha of woodland restoration and 1,200ha of peatland restoration, which is expected to remove over 300,000 tCO2e and provide 3,000 biodiversity units by 2045*" (SSE plc Sustainability Report 2022, pg. 92) * Subject to Ofgem support. UPDATE 2024: "In early 2024, SSE set a new commitment for woodland conservation, that all onshore large capital projects consented from 1 April 2024 onwards will achieve no net loss of native woodland.", with "‘net gain’ in biodiversity on those consented from 2025 onwards" (https://www.sse.com/media/al1dt4qn/sse-plc-sustainability-report-2024.pdf, p.90/47) CCS-based carbon removal "While CCS and hydrogen technologies can significantly reduce emissions associated with electricity generation, to achieve a net zero power system, and economy, it is expected that negative emissions technology will be required to neutralise residual emissions." (SSE plc Sustainability Report 2022, pg. 31) Link to SSE plc Sustainability Report 2022 - https://www.sse.com/media/hbnfdo0q/sustainability-report.pdf "On CCS, SSE are active members of the Carbon Capture and Storage Association and participants in DESNZ’s Power CCUS Expert Group, and we engage regularly with officials and policymakers on issues regarding CCS. For Hydrogen, SSE is an active member of Hydrogen UK and participants in the DESNZ design groups for the hydrogen transport and storage business models." (https://www.sse.com/media/al1dt4qn/sse-plc-sustainability-report-2024.pdf, p.30/17) "New flexible power stations, using technologies like hydrogen and carbon capture and storage (CCS), are expected to replace existing high-carbon flexible power stations. Power stations with CCS will be capable of capturing at least 90% of CO2 emissions associated with power generation, however there are residual emissions that will slightly increase SSE’s scope 1 inventory. SSE is leading a project to increase capture rates to between 95% and 99%, limiting the residual emissions from these new assets. " (https://www.sse.com/media/al1dt4qn/sse-plc-sustainability-report-2024.pdf, p.22/13)

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 -
Transparency 10.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 10.0 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 0.0 10.0 -
Results 0.0 30.0 -
Total 20.0 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: None°C 0.0 / 10.0 -
Total 20.0 / 100.0 -


Available Data Sources

Reporting Year 2022 2022 2021 2020 2019
Source NZPDU Wikirate (NV) NZPDU NZPDU NZPDU
Publication Year 2022 unknown 2021 2020 2019
Scope 1 5,746,504 10,200,000 7,098,037 8,186,645 8,794,543
Scope 2 - location-based 491,585 NA 535,812 646,002 719,843
Scope 2 - market-based 491,585 NA 535,812 646,002 719,843
Scope 1-2 - location-based 6,238,089 10,200,000 7,633,849 8,832,647 9,514,386
Scope 1-2 - market-based 6,238,089 NA 7,633,849 8,832,647 9,514,386
Scope 3 12,143,710 0 11,391,000 14,052,311 65,034,058
Total - location-based 18,381,799 10,200,000 19,024,849 22,884,958 74,548,444
Total - market-based 17,422,406 NA 18,098,817 22,076,570 73,265,129

Sources

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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