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Debt Investors

The group finances its operations through a combination of retained profits, long and medium term debt capital market issues, bank borrowings and leases, with the objective of ensuring continuity of funding.

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Sustainability-Linked Financing

The Group also issues Sustainability-Linked Bonds (“SLB”) under its EMTN Programme to continue to support the company’s sustainability strategy and vision.

See our SLB Framework and Second Party Opinion (“SPO”) from Sustainalytics on our SLB Framework below.

SLB Framework

SPO


EUR 29 & GBP 28 KPI Performance

Group Greenhouse Gas (GHG) Emissions Reduction (Scope 1 and 2, in tCO2e)

KPI Scope 1 and 2 GHG Emissions (tCO2e) % reduction from 2015-16 Baseline
KPI 2015/16 (baseline) 2,336,542 N/A
KPI 2017/18 1,491,280 35% 
KPI 2018/19 1,344,440 41%
KPI 2019/20 1,186,714 49%
KPI 2020/21 1,066,672 54%
KPI 2021/22 1,126,205 52%
KPI 2022/23 1,047,142 55%
KPI 2023/24 909,089 61%
KPI 2024/25 807,921 65%

See more on Unsecured Bonds


Assurance Reports

2015/16 (baseline), 2017/18, 2018/19 and 2019/20 emissions figures have received Independent Assurance PDF
2020/21 emissions figures have received Independent Assurance PDF
2021/22 emissions figures have received Independent Assurance PDF
2022/23 emissions figures have received Independent Assurance PDF
2023/24 emissions figures have received Independent Assurance PDF
2024/25 emissions figures have received Independent Assurance PDF
More information on how our carbon footprint is calculated can be accessed here  See more



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See more on our sustainability strategy.

See our sustainability Story

Find out more