Sustainability Magazine September 2021 | Page 155

CENTRICA

“ Our company is founded on a proud 200-year heritage of serving customers in homes and businesses ”

CENTRICA
technology supports decarbonisation ; choice and power are shifting to the customer , and technology and digitalisation are accelerating the pace of change . We are responding to these trends by focusing investment on our customer-facing businesses ,” says Centrica .
The Business Moving away from being asset-based to focusing on services and solutions , Centrica reports that as a business , it emits more than 80 % less carbon than it did a decade ago .
“ Recognising the urgent need to make net-zero a reality , we have accelerated our commitment to being a net-zero business by 2045 , five years ahead of our previous target and the UK deadline . We are also committed to helping our customers be netzero by 2050 ,” adds Centrica .
Wanting to continue its leading example and driving emissions out of its business , Centrica is committed to completing its strategic transformation to exit interest in exploration and production , converting its fleet to electric , and expanding its energy efficiency , onsite generation and green tariffs .
“ Towards our net-zero target , our total carbon emissions decreased by 18 % from 2019 , with savings largely linked to less upstream generation and production . As a result , we ' re on track against our milestone goal to deliver 40 % carbon reduction by 2034 ,” states Centrica .
By the end of 2020 , Centrica proudly reported a CDP A-Grade as a world leader for action and disclosure on climate change , an 18 % reduction in its carbon emissions , 10 , 548 days volunteered since 2019 and featured in The Times Top 50 Employers for Women .
“ As well as providing a wide range of energy efficiency and optimisation solutions – like Hive , smart meters and boiler upgrades – we ’ re also providing a low carbon energy supply with 100 % zerocarbon electricity for all UK customers ,” say Centrica , who adds that “ we ’ re continuing to find solutions to some of the key challenges related to decarbonisation . We ’ re launching a trial to test the role heat pumps could play in cutting emissions from household heating in an affordable way . And , we ’ re working in partnership to build the world ’ s first net-zero industrial cluster in the UK by 2040 , using ground-breaking hydrogen , carbon capture and storage technology .”
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