Phoenix Energy Responsible Business Report

Responsible Business Report 2023

Carbon Targets 60% 100%

Reduction in Scope 1 & 2 carbon emissions (excluding shrinkage) by 2030

Zero emission commercial vehicles by 2035

90%

Net Zero Scope 1 & 2 carbon emissions (including shrinkage) by 2050 1

Reduction in Scope 1 & 2 carbon emissions (excluding shrinkage) by 2035

Energy Targets 50% 75% Reduction in energy consumed by our operations by 2030 Circular Targets 75% Reduction in waste sent to landfill as a consequence of our operations by 2030 8,000 100% 20% Reduction in energy consumed by our operations by 2040

Reduction in energy consumed by our operations by 2040

Reduction in energy consumed by our operations by 2040 2

New Native trees planted each year until 2030

1 It is anticipated that Phoenix Energy will be required to offset residual emissions.. 2 The introduction of hydrogen blended mix of gas into the Phoenix Energy Distribution Network is likely to be dependent on government policy and on the introduction of hydrogen blended gas into the UK Gas Distribution network

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