Performance, reports and data
Read our information on how we've performed over time in relation to our environmental targets.
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Summary of 2023
In 2019, the Group was an early adopter of a set of intensity-based metrics which were measured year-on-year and were used as the basis for a set of emission reduction targets, using the Sectoral Decarbonisation Approach (SDA) methodology. These targets were chosen to meet the then-prevailing IPCC goal of controlling the increase in global warming to below 2 degrees, and were based on intensity metrics widely used in the transport industry, and aimed to be achieved over a seven-year performance period, 2019 to 2025, with 2018 being the baseline year. These are shown in the table below.
During 2023, the Group submitted new near-term carbon reduction targets covering Scope 1, 2 and 3 emissions to the Science Based Targets Initiative (‘SBTi’) in order to both obtain external validation of our targets and most critically, to ensure alignment with the Paris agreement of controlling the increase in global warming to below 1.5 degrees. The SBTi completed their validation process in January 2024 and the approved targets are as follows:
Mobico Group PLC commits to reduce absolute Scope 1 and 2 GHG emissions 55% by 2033 from a 2022 base year.
Mobico Group PLC commits to reduce absolute Scope 3 GHG emissions 33% by 2033 from a 2022 base year.
The target boundary includes biogenic land-related emissions and removals from bioenergy livestocks.The Group will commence reporting against the new targets from 2024.
The Group already has incentives in place across all divisions to lower our carbon footprint in our operations, for example being embedded within bonus targets and employee objectives. In addition to this, capital investment requests and bid models are already scrutinised for their environmental impact. Given that these processes already meet the aim of using a carbon price, we are not currently utilising one in our internal reporting at this stage; however, this will be kept under review.
The Group has reviewed the full list of metrics in tables A1.1, A1.2 and A2.1 in the TCFD guidance and set out the relevant metrics and KPIs,which the Group will use to track climate-related risks and opportunities in the following table. Please refer to the climaterelated risks and opportunities table in the Strategy section for which risk and opportunity each metric is linked to. The Group considers the remaining metrics to not be relevant nor meaningful to the Group at the current time, but the Group will continue to monitor this. The Group monitor progress against these metrics by the way of quarterly reporting of Scope 1 and 2 emissions from each of our operating divisions.
Base year
Year
ResultTarget year
Year
Result2022
Result
(PY)2023
Result
(CY)% change
from
base year% change
YOY
(2022-2023)% change
to meet
Year Result Year Result targetScope 1 & 2 absolute carbon emissions (tCO2e) (our net zero tracking metric)- SBTi approved target 2022 913,864 2033 411,239 913,864 913,937 0.01% 0.01% -55.00% Scope 3 absolute carbon emissions (tCO2e)- SBTi approved target 2022 600,400 2033 402,268 600,400 497,280 -17.20% -17.20% -19.10% Traction Energy: (vehicle fuel and electricity) MWh/mpkm* 2018 66.92 2025 58.72 83.82 85.5 27.80% 2.60% -31.30% Traction Carbon Emissions (Scope 1 & 2) tCO2e/mpkm* 2018 17.67 2025 15.45 23.38 22.84 29.30% -2.30% -32.40% Total Scope 1 & 2 Emissions tCO2e/mpkm* 2018 19.26 2025 16.45 24.17 23.57 22.40% -2.50% -30.20% Site Scope 1 & 2 Emissions (building use only) tCO2e 2018 41,656 2025 38,199 29,839 28,165 -32.40% -5.60% Met Landfill Waste Disposal tonnes 2018 7,711 2025 5,783 4,215 883 -88.50% -79.0%* Met Water consumption m³ 2018 478,956 2025 439,209 429,170 411,692 -14.00% -4.10% Met Number of zero emission vehicles in service or on order n/a n/a 2024 2030 1,500 14,500 491 915 86.40% 86.40% 64% % of total fleet that is zero emission vehicles (including on order) 2023 2% 2040 100% 2% 3.30% 1.30% 1.30% 96.40% Scope 1 and 2 emissions (in kg CO2e) per £ revenue n/a n/a n/a n/a 0.3264 0.2891 -11.40% -11.40% n/a Impact on operating profit from extreme weather events No specific targets set currently £5m £3m No specific targets set currently Net book value of diesel vehicles at 2035 £14m £18m Net book value of diesel vehicles at 2040 £0m £0m Proportion of LTIP remuneration targets based on ESG metrics (see page 121 for more detail on ESG Directors Remuneration) 25% 25% * mpkm: million passenger kilometres is defined in the Glossary to this annual report
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Absolute emissions
tCO2e emissions by scope 2020 2021 2022 2023 Change (2022 vs. 2023) Scope 1 514,106 657,239 830,287 834,815 0.5% Scope 2 67,879 73,649 83,577 79,122 -5.3% Scope 3 8,641 5,762 600,4001 497,280 -17.2% Total 590,626 736,650 1,514,264 1,411,217 -6.8% *The Group completed a full baseline assessment of scope 3 emissions in 2022, including all relevant categories. Prior to 2022, Scope 3 included only business travel, waste, water and certain other upstream emissions.
tCO2e emissions by division 2020 2021 20221 2023 Change (2022 vs. 2023) ALSA 234,477 368,714 712,900 696,851 -2.3% Bahrain 20,214 17,810 23,946 29,898 24.9% Germany 52,347 58,939 122,486 105,651 -13.7% United Kingdom 142,769 147,789 288,524 256,900 -11.0% USA and Canada 140,168 142,800 362,514 318,590 -12.1% Central Functions 569 598 3,894 3,327 -14.6% Group total 590,544 736,650 1,514,264 1,411,217 -6.8% *The Group completed a full baseline assessment of scope 3 emissions in 2022, including all relevant categories. Prior to 2022, Scope 3 included only business travel, waste, water and certain other upstream emissions.
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Streamlined Energy and Carbon Reporting
SECR regulations require the reporting (in MWh rather than tCO2 in line with existing standards) of the aggregate of:
- the annual quantity of energy consumed from activities for which the Company is responsible, including the combustion of fuel and the operation of any facility; and
- the annual quantity of energy consumed resulting from the purchase of electricity, heat, steam or cooling by the Company for its own use.
MWh by Division
2022
2023
ALSA 1,566,970 1,707,075 USA and Canada 815,442 782,395 United Kingdon 622,607 681,416 Germany 196,221 199,759 Bahrain 56,081 66,061 Total 3,257,319 3,436,706 Energy consumed from activities for which the company is responsible, including the combustion of fuel and the operation of any facility 3,012,926 3,181,141 Energy consumed resulting from the purchase of electricity, heat, steam or cooling 244,394 255,565 All 3,257,319 3,436,706 Proportion of that figure relates to energy consumed in the UK and offshore area
2022
2023
Offshore 2,634,714 2,775,289 United Kingdom 622,606 681,416 UK proportion 24% 20% -
Health and Safety
The 2024 performance for FWI per million miles is 0.003 for the year and was an improvement to the results achieved in 2023, although below the performance in 2022. This is primarily because the 2023 result includes two fatalities, whereas there were no fatalities included within the 2022 result. These fatalities – as well as the other preventable injuries which are included within the result – have been investigated and appropriate actions have been taken.