Investor Presentaiton
BOOHOO GROUP PLC
ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
CONTINUED
CARBON REPORTING
Our carbon footprint has been calculated in accordance with the internationally recognised
standard the Greenhouse Gas Protocol, a corporate accounting and reporting standard,
developed by the World Resources Institute ('WRI) and the World Business Council for
Sustainable Development ('WBCSD'). The data in this report has been prepared in line with the
HM Government's guidance: Environmental Reporting Guidelines: Including streamlined energy and
carbon reporting. This is the second year that the group has reported on its carbon footprint.
PERFORMANCE
This is the first year we have calculated our emissions across all three scopes for both this and the
previous reporting year and have made the results publicly available. The group's 2020 carbon
footprint is 782,264 tCO2e, which is mainly attributable to purchased goods and services
(including sold goods) as well as the transport and distribution thereof.
Since the previous reporting year, market-based emissions have increased by 33% from
587,983 to 782,264 tCO2e. This is predominately driven by business growth and an increase in
goods sold since the previous reporting period.
Operational market-based emissions (scope 1 & 2) have decreased by 84% from 3,120 to 499
tCO2e, which was largely driven by a switch to 100% renewable energy supply in our operations.
We also saw a reduction in business activities, such as building use and business travel due to
COVID-19 restrictions.
CARBON EMISSIONS
(metric tonnes of carbon dioxide equivalent)
Scope 1
Company cars
Natural gas
Other fuels
Refrigerant
Scope 2
Electricity (market-based)
Electricity (location-based)
Scope 3 categories
Upstream emissions
2020
2019
tCO2e
tCO2e
66
111
273
240
13
146
15
.
146
2,674
2,608
2,928
Purchased goods and services
Capital goods
Fuel and energy-related activities
613,877
4,188
285
436,700
Upstream transportation and distribution
149,883
310
139,120
Waste generated in operations
91
63
Business travel
526
2,436
Employee commuting
505
459
Upstream leased assets
20
22
Downstream emissions
Downstream transportation and distribution
3,710
2,730
End of life treatment of sold products
8,681
3,023
Total emissions market-based
782,264
587,983
Total emissions location-based
784,938
Energy reporting: total energy usage (kWh)
12,717,546
588,303
13,065,849
Intensity metrics (UK and offshore)
Total revenue (£ million)
1,674
1,172
All scopes (1,2 & 3) emissions (tCO2e)/total revenue
(£ million)
467
502
Emissions intensity by revenue has decreased by 7%, highlighting an improved carbon efficiency
by turnover.
46
ANNUAL REPORT AND ACCOUNTS 2021
/ STRATEGIC REPORT
ENERGY EFFICIENCY
ACTION
Since 2019, the group
o has carried out several
initiatives to drive energy efficiency across
our own operations. These include:
Continued LED roll out across Burnley
and Manchester
Commenced the installation of solar
panels at Burnley and Manchester
METHODOLOGY
boohoo group plc's carbon footprint has
been calculated in accordance with the
internationally recognised standard the
Greenhouse Gas Protocol, a corporate
accounting and reporting standard, developed
by the World Resources Institute ('WRI) and
the World Business Council for Sustainable
Development (WBCSD'). It adheres to
the best practice practices of relevance,
completeness, consistency, transparency
and accuracy.
The carbon footprint assessment was
carried out by an independent sustainability
consultancy Avieco.
The group's carbon emissions are measured
in carbon dioxide equivalents or CO2e.
This metric includes the six greenhouse
gases covered by the Kyoto Protocol: carbon
dioxide (CO2), methane (CH4), nitrous
oxide (N2O), hydrofluorocarbons (HFCs),
perfluorocarbons (PFCs), and sulphur
hexafluoride (SF6).
The carbon reporting period is from 1 January
2020 to 31 December 2020. This is offset
from the business's financial reporting period
1 March 2020 to 28 February 2021 to allow
sufficient time to capture 12 months of data
for our carbon assessment in preparation for
the group's end of year reporting.
The carbon emissions calculations followed
the operational control approach, which
means that all emissions over which the group
has direct control is included in its scope 1 &
2 boundary.
.
.
The emissions calculations breakdown into
three reporting scopes. These include:
- this includes all direct emissions
Scope 1
from assets over which the has
group
control, including company cars, natural
gas and other fuels used in our operations
I any refrigerant gas leakages
and
-
Scope 2 this includes indirect emissions
associated with the generation of
electricity. In line with best practice,
market and location-based emissions are
both reported on:
-
Market-based emissions - which reflect
the actual emissions from the electricity
agreements with the business's suppliers
Location-based - which reflect the
average emissions intensity of the grids
in which the consumption occurs
Scope 3 this includes other indirect
emissions generated along our value chain,
which predominately consists of goods for
resale, goods not for resale, and distribution
-
and transportation of goods. It also
includes non-company cars as per the
SECR regulations
The group's carbon emissions calculations
used two approaches depending on the
availability of data across its operations and
supply chains in accordance with the GHG
Protocol. These approaches included:
Process-based approach - uses quantity-
based consumption data to estimate
the carbon emissions associated with a
.
.
given activity e.g. litres of fuel used. This
approach was used for scope 1, 2, and some
scope 3 emissions. For goods for resale,
a subcategory of purchased goods and
services the Higgs Index carbon emissions
benchmarks were applied
Spend-based approach - using extended
economic input-output modelling. This
approach combines industry and trade
flow data between industries with total
emissions data from a given industry to
estimate the carbon emissions associated
with £1 million spend in each industry. This
approach was used for good not for resale
(a subcategory of purchased goods and
services and capital goods)
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