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Grainger’s Emissions Reduction Targets Approved by SBTi

Story Highlights
  • Grainger plc is committed to reducing its greenhouse gas emissions significantly by 2030.
  • The company has already achieved an 8% reduction in emissions and improved energy efficiency in its properties.
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Grainger’s Emissions Reduction Targets Approved by SBTi

Grainger ( (GB:GRI) ) just unveiled an update.

Grainger plc has received approval from the Science Based Targets initiative (SBTi) for its ambitious greenhouse gas emissions reduction targets, reinforcing its commitment to sustainability. By 2030, Grainger aims to cut its absolute scope 1 and 2 emissions by 42% and reduce scope 3 emissions by 51.6% per square meter of residential area. The company has already achieved an 8% reduction in emissions between FY23 and FY24, and 95% of its properties are rated EPC A-C, highlighting its dedication to energy efficiency and cost savings for customers.

More about Grainger

Grainger plc is the UK’s largest listed residential landlord and a leader in the Build-to-Rent sector. The company focuses on providing high-quality, professionally managed rental homes, aiming to change the way people rent in the UK by creating desirable living spaces and positively impacting local communities.

YTD Price Performance: -7.92%

Average Trading Volume: 1,674,250

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.49B

See more insights into GRI stock on TipRanks’ Stock Analysis page.

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