47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 48
A.G. BARR p.l.c. Annual Report and Accounts 2025
RESPONSIBLE BUSINESS REPORT CONTINUED
Our total 2023/24 emissions increased
year-on-year by 14.4%. The main driver of this
was our Scope 3 emissions, which increased
primarily as a result of increased production
volumes which have accompanied our strong
growth performance for the year. Increases in
the emission factors used to calculate our
Scope 3 data are another cause of this overall
increase. As we look to implement our ambitious
growth plan in the years ahead, it will be vital
to decouple our emissions from the increases in
production which will be required to deliver our
strategy. Initially, this requires us to continue
improving our energy and resource use
efficiency, along with our supplier engagement
strategy to ensure strategic suppliers implement
net-zero targets and reduce emissions along
our value chain. Our packaging strategy to
lightweight and increase the recycled content
of our materials will be required to achieve our
overarching goal of reducing absolute emissions.
We have now recalculated our SBTi approved
science-based targets and our baseline 2020/21
data to fully include the emissions increase from
our acquisitions of MOMA and Boost and the
methodology change referred to above. This will
allow us to track and report on future progress
against our science-based targets, using accurate
comparators and ensuring our data and our
goals are representative of our enlarged Group.
While our full carbon footprint assessments run a
year in arrears due to calculation and validation
requirements, our Scope 1 and 2 emissions data
is available for the 2024/25 financial year in the
SECR section.
Under a location-based approach the total global Scope 1 and 2 carbon emissions associated with our
reported energy use and fugitive emissions from refrigerant leaks and carbonation losses for 2024/25
were 9,896.49 tCO2e, as summarised in the table below:
2024/25
2023/24
verified footprint
Scope 1 emissions – (tCO2e)
5,208.85
6,888.112
Scope 2 emissions – purchased electricity (tCO2e)
4,687.64
4,798.94
–
–
9,896.49
11,687.05
Carbon Emissions (Location-based)1
TCFD and CFD Compliance Statement
We have complied with the requirements of
Listing Rule 6.6.6R(8) by including climate-related
financial disclosures consistent with the TCFD
recommendations and recommended
disclosures. The climate-related financial
disclosures made comply with the requirements
of the Companies Act 2006 as amended by the
Companies (Strategic Report) (Climate-related
Financial Disclosure) Regulations 2022.
Scope 2 emissions – purchased steam (tCO2e)
Total Scope 1 & 2 emissions (tCO2e)
1
2
Scope 3 emissions are disclosed a year in
arrears due to calculation and validation
requirements.
Under a market-based approach the total global Scope 1 and 2 carbon emissions associated with our
reported energy use and fugitive emissions from refrigerant leaks for 2024/25 were 5,266.34 tCO2e,
compared to 6,934.65 tCO2e in 2023/24, as summarised in the table below:
Streamlined Energy and Carbon Reporting
(SECR)
Carbon Emissions (Market-based)1
We are reporting against the SECR framework
for the fifth year, for the period 29 January 2024
to 25 January 2025. We report as a quoted
Company and confirm that all the minimum
requirements have been addressed and are
presented here. All global energy and emissions
reported relate to UK operations – there are no
non-UK energy and emissions.
Scope 1 emissions – (tCO2e)
Scope 2 emissions – purchased electricity (tCO2e)
Scope 2 emissions – purchased steam (tCO2e)
Total Scope 1 & 2 emissions (tCO2e)
1
2
Our combined Scope 1 and 2 emissions for 2024/25
reduced by 43% compared to the baseline year,
as a result of a number of positive actions which
reflect the progress made against our net-zero
commitment. These are detailed in the SECR
section that follows, and further information can
be found within our carbon reduction section
and net-zero roadmap on pages 34 to 37.
46
The location-based approach applies US grid average carbon emission factors to all Scope 2 purchased electricity.
The 2023/24 footprint underwent 3rd party verification after the publication of the 2023/24 annual report leading to an adjustment
in Scope 1 emissions previously stated at 6,897.47 tCO2e. Biogenic emissions from HVO and Biomethane combustion in vehicles and
sourcing of a proportion of CO2 for carbonation from biogenic sources led to out-of-scope emissions of 493.83 tCO2e.
Our total energy consumption for 2024/25 was
43,053,114 kWh. This includes the Company’s
electricity and natural gas usage for our
production, distribution and office buildings
as well as transport fuels for logistics vehicles
and Company cars. This compares to a figure
of 44,446,210 kWh in 2023/24.
2024/25
2023/24
verified footprint
5,208.85
6,888.112
57.49
46.54
–
–
5,266.34
6,934.65
The market-based approach accounts for zero carbon renewable electricity purchase (backed by REGOs) at all AG Barr’s facilities,
excluding the FUNKIN, Middlebrook, Boost & MOMA leased sites.
The 2023/24 footprint underwent 3rd party verification after the publication of the 2023/24 annual report leading to an adjustment
in Scope 1 emissions previously stated as 6,897.47 tCO2e. Biogenic emissions from HVO and Biomethane combustion in vehicles and
sourcing of a proportion of CO2 for carbonation from biogenic sources led to out-of-scope emissions of 493.83 tCO2e.