Achieving net zero emissions is essential to securing a sustainable future for people and the planet.
As an energy business, we have an important role to play in supporting this transition. We are committed to decarbonising our own operations and supporting customers as they transition to lower-carbon energy, while ensuring energy supplies are secure, cleaner and competitive.
OUR GOALS
Net zero
carbon emissions by 2050
50 %
reduction
in Scope 1 and 2 carbon emissions by 2030
HOW WE MEASURE OUR CLIMATE EMISSIONS
We follow the Greenhouse Gas (GHG) Protocol, the world's most widely used greenhouse gas accounting standards. The GHG protocol divides emissions into three categories: Scope 1, 2 and 3:
SCOPE 3
OUR SUPPLIERS AND CUSTOMERS
2050 OBJECTIVE
We will reduce our Scope 3 carbon emissions to net zero by 2050 or sooner.
Full details of the methodology underpinning our reporting on Scope 3 emissions are set out in our Greenhouse Gas Reporting Criteria.
HOW WE MEASURE IT
We measure this objective by assessing:
- Carbon intensity of energy sold (gCO2e/MJ)
- Biogenic content of fuels sold (%)
- Scope 3 emissions (mtCO2e)
TARGETS
- 35% Scope 3 reduction by 2030, against a 2022 baseline
- Net zero by 2050
RELEVANT U.N. SUSTAINABLE DEVELOPMENT GOALS
EMISSIONS
Two categories account for over 90% of our Scope 3 emissions:
- Category 3: Fuel and energy-related activities (not included in Scope 1 or Scope 2). These are the upstream (often called well-to-tank) emissions associated with the energy products we sell.
- Category 11: Use of sold products. These are the emissions generated when customers use the energy products we sell.
| Metric | Unit | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Absolute Scope 3 | mtCO2e | 41.5 | 39.8 | 35.9 | 41.2 | 39.1 | 37.9 | 36.9 |
| Scope 3 GHG emissions (updated emissions factors*) | mtCO2e | 42.5 | 40.8 | 36.9 | 42.4 | 40.3 | 38.9 | 37.9 |
| Carbon Intensity | gCO2e/MJ | 81.2 | 79.3 | 76.5 | 76.4 | 74.9 | 74.4 | 73.4 |
| Biogenic | Biogenic content % of energy sold (GJ) | 3.2% | 3.2% | 4.0% | 4.0% | 5.7% | 6.7% | 7.2% |
*Note: We have included additional data points for Scope 3 emissions to take into account the latest updates to the GHG Protocol and other emissions factors. We have presented the additional figures to allow for like for like comparison
PROGRESS
2.6 %
Lower Scope 3 emissions
7.2 %
Biogenic content
% share of energy sold
16 %
Increase in profit to carbon
Profit to Scope 3 ratio continues to grow
SCOPE 1 AND 2
Our own carbon emissions
SCOPE 1: Emissions from a company’s owned or operated assets
SCOPE 2: Indirect emissions from the generation of purchased energy
These are measured across our energy, healthcare and technology divisions.
Target
- 50% carbon reduction by 2030
OUR OBJECTIVE
We will decarbonise our operations to net zero by 2050 or sooner and reduce our emissions by 50% by 2030, relative to 2019 baseline emissions.
HOW WE MEASURE IT
We measure this objective by assessing:
- Scope 1 & 2 carbon emissions
RELEVANT U.N. SUSTAINABLE DEVELOPMENT GOALS
EMISSIONS
The charts show the source and amount of DCC Energy’s Scope 1 and 2 GHG emissions.
All DCC Energy businesses record their Scope 1 and 2 emissions in accordance with the GHG Protocol.
Scope 1 and 2 Carbon Emissions by Source Category
Scope 1 and 2 Carbon Emissions vs Target (000's tonnes)
PROGRESS
4.4 %
lower
Our total Scope 1 and 2 emissions were 4.4% lower in 2025 compared to 2024.
48.0 %
reduction
We achieved a 48.0% reduction in Scope 1 and 2 emissions against our 2019 baseline.
97 %
renewable
Over 97% of electricity purchased by DCC Energy businesses is renewable or covered by Renewable Energy Credits in the US.
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES
USED ACROSS OUR ENERGY AND TECHNOLOGY DIVISIONS
In alignment with the Task Force on Climate-Related Financial Disclosures (TCFD), our climate reporting measures are fundamental to the strategy and governance of DCC Energy across all our divisions.
We constantly assess the risk and impact of climate change on our operations.
For more on our work with TCFD, you can read our annual report.