Climate

 

We work to minimise our impact and are committed to reducing our carbon emissions to net zero by 2040. From decarbonisation pathways to sustainable design consultancy, we strive for a sustainable transition.

Savills PLC is committed to achieving net zero for its operations (Scope 1 and 2 greenhouse gas emissions(GHG)) in 2030 and for its value chain (Scope 3) GHG emissions by 2040. 

In February 2024, Savills had near-term science-based carbon reduction targets validated by Science Based Targets initiative (SBTi) as follows: 

  • Savills plc commits to reduce absolute scope 1 and 2 GHG emissions 72% by 2030 from a 2019 base year. 
  • Savills plc also commits to reduce scope 3 GHG emissions from purchased goods and services 51.6% per million GBP of value added by 2030 from a 2022 base year.

To learn more about our route to net zero view our Net Zero Transition Plan.

Our hard work is already paying off.

During 2023, we had the following climate highlights:

  • Scope 1 and 2 ‘market-based’ Greenhouse Gas emissions had a 26.9% reduction against our 2019 base year.
  • We have a near-term 1.5°C-aligned carbon reduction target, validated by the Science Based Targets initiative (SBTi).
  • The review of our supply chains commenced, targeting reduced Scope 3 emissions.
  • We aligned or signed up to Task Force on Climate-related Financial Disclosures (TCFD), Carbon Disclosure Project (CDP), Financial Times Stock Exchange for Good (ftse4good) Index and Race To Zero Campaign.

All of this was incredible to see, but we are determined to continue driving positive changes on our path to a resilient, sustainable transition.