Zero Carbon Operations - OVO Group

Target

Achieve net zero carbon operations

Our 2030 target will see OVO deliver net zero carbon emissions from our own operations by achieving science based targets for Scopes 1 and 2 and using offsets for the remainder. We have also set science based targets for our Scope 3 emissions based on our gas and electricity supply to customers.

OVO Approach

We want to do everything we can to reduce our own impact, so that we can work towards being net positive. In 2018 we measured our carbon footprint for the first time, and worked with the Carbon Trust to set science-based targets for our Scope 1, 2, and 3 emissions that are aligned to a 1.5°C increase in global heating.    

Our Scope 1 and 2 emissions are primarily caused by our fleet of engineering vehicles and the electricity and gas we use to power our buildings.  We have already made progress in both areas. Within our fleet, we are increasing the numbers of EVs, with goals of 70% EVs by the end of 2020 and 100% EVs by 2025.  All offices under our control are on a renewable energy tariff and we are taking energy efficiency measures across our offices. 

Our most material source of emissions is the energy that we sell to customers, so our Scope 3 footprint is based on our supply of gas and electricity.  Our Scope 3 target is an absolute reduction target. Go to Mobilize a Zero Carbon Community to see how we are developing products and services to significantly reduce our customers’ emissions and to Build the Best Place to Work to hear how we are linking our targets to remuneration.

* Scope 1 relates to emissions associated with the direct combustion of fuels for example, natural gas for heating or petrol for vehicle fuel. Scope 2 relates to the emissions associated with purchased energy, for example building electricity and district heating and cooling. Scope 3 emissions are all indirect emissions (not included in Scope 2) that occur in the value chain, which in this case is the emissions associated with the provision of electricity and gas, such as transport and distribution losses.

Next Steps

We will seek verification of our targets from the Science Based Targets initiative.
We will incorporate circularity principles into our product design; wherever possible we will aim to design out waste and pollution.
We are carrying out life cycle analyses of some of our products and calculating their carbon abatement potential.  

Sustainable development goals

Plan Zero

The climate crisis is the single most important issue of our time. We are at a turning point in history: we all have a shared responsibility to take action. Plan Zero is our initial endeavour to set out what OVO’s actions must be.
Press enter or esc to cancel