Strategic report
Governance
Financial statements
83 OCU Group Annual report and financial statements 2026
Reporting and performance continued TCFD report
Metrics and targets continued Scope 1 emissions Scope 1 emissions arise mainly from diesel used in plant and transport. Planned actions include: • Formalising our transition plan to move our fleet to lower-emission vehicles, including electric and hybrid models. • Using our telematic system, Samsara, to improve fuel efficiency up to 10%. • Investing in electric vehicles, with 10% of all new vehicles procured being electric. • Increasing the use of sustainably sourced biofuels year on year as an alternative to diesel where practical electric alternatives are not available. • Trialling hydrogen plant and vehicles. Scope 2 emissions Scope 2 emissions arise mainly from electricity used in facilities and the electric fleet. Actions include: • 100% of directly procured electricity to be Renewable Energy Guarantees of Origin (REGO) certified renewable energy for our facilities as energy contracts come up for renewal. • Promoting the use of public charging points where REGO‑certified renewable energy is used. Scope 3 emissions Scope 3 covers indirect upstream and downstream value-chain emissions. OCU’s approach includes: • Agreeing carbon reduction plans with our top ten suppliers. • Working with our top subcontractors to improve data capture and reduce carbon intensity. • Setting lower carbon specifications with our procurement processes.
Metrics
FY26
FY25
381
No. PHEV and BEV vehicles
186
68
No. vehicle charge points in our network
45
36.3 MPG
Vehicle fuel consumption
34.8 MPG
4.74%
% direct electricity purchased which is REGO certified
7.47%
£774.6m
£m revenue from Energy Transformation
£471.6m
Continuous improvement and reporting OCU will continue improving climate data, governance, scenario analysis and reporting, including ANZ physical-risk metrics and clearer management actions.
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