Climate change will have an impact on our business and our customers. The Paris Agreement provides an international framework for tackling climate change, and we aim to play our part by reducing the carbon footprint of our business and working with our suppliers to help bring about wider change.
We participate in the CDP climate change report and received a score of B in 2017 (2016: B).
Performance in 2017
Our target was a 25% reduction in scope 1 and 2 greenhouse gas emissions per 100sq metres of completed homes by 2018 compared with 2013. We exceeded this goal in 2017, achieving a 38.7% reduction. We have also reduced absolute emissions by 21.9% since 2013.
We achieved our reduction in our carbon emissions intensity a year ahead of schedule thanks to an increase in the proportion of electricity we buy from renewable sources and an improvement in energy efficiency on our sites and offices. Our energy use intensity decreased by 4.3% over the last year and by 14% since 2013.
We worked with the Carbon Trust during 2017 to set a new target. Our goal is now to achieve a 50% reduction in our direct emissions (scope 1and 2) intensity by 2023 against our 2013 baseline.
We are also reviewing our approach to scope 3 emissions and exploring whether we can set a target aligned with climate science.
More information on our approach to climate change can be found in our Sustainability Report.
Carbon Trust Standard
We have achieved the Carbon Trust Standard for our overall approach to carbon management, including our policy, strategy and verification of our data and processes. We are the first homebuilder to achieve this.
Energy Saving Opportunity Scheme (ESOS)
ESOS is a mandatory energy assessment scheme for large organisations in the UK. Taylor Wimpey UK qualified for ESOS and we therefore conducted the required audits of the energy used by our buildings, industrial processes and transport, as well as identifying energy saving measures. We notified the scheme regulator the Environment Agency that we had met our ESOS obligations.
Our CDP 2017 submission, Carbon Trust's verification documents and MCR discussion of underlying factors can be found below: