Sky has met its target to source 100% renewable electricity across its business, as it continues towards its ambition to be net zero carbon by 2030.
Sky’s offices, retail stores and journalism hubs across the world are now powered by renewable electricity, which has contributed to a 22.7% reduction in emissions, as measured in 2018.
As one of the companies signed up to global corporate renewable energy initiative RE100, Sky had commitment to source 100% renewable electricity by 2020. It has achieved this through on-site generation, buying renewable electricity tariffs that are backed-up by traceable certificates, and where it can’t control the tariff, Energy Attribute Certificates.
Sky has now set the target of generating at least 20% of its own electricity on all new buildings and large refurbishments.
In a move to share practice with other companies looking to reduce emissions, Sky has also published the reporting methodology for its further plan to limit emissions in 98% of its total value chain. This includes the use of Sky products in customers’ homes and the emissions of its supply chain, including productions.
Sky’s commitment to emission reduction is set against the group’s expansion in original programming, doubling its investment in original content by 2024 through Sky Studios. This, plus the launch of its TV and movie studio, Sky Studios Elstree, which is expected to generate an additional £3 billion of production investment in the UK over the first five years alone.
Calculations for reductions in emissions commonly rely on estimated approaches. Sky is also working with suppliers and industry peers to replace estimates with primary data with the goal of using more accurate tracking and reporting to accelerate progress to net zero.
“Transparently sharing data on our net zero transition is central to Sky’s approach,” says Fiona Ball, Sky Group Director Bigger Picture. “We know that business can accelerate the journey to a zero-carbon future by sharing knowledge, learnings and data as freely and widely as possible. We have published our Scope 3 reporting methodology to enable others to go on the journey with us, because net zero won’t be achieved by individuals but through collective action.”
Sam Kimmins, Head of RE100, said: “As one of the pioneering early members of RE100, it’s great to see Sky realising their bold ambition. We are looking forward to continuing to accelerate change towards zero carbon grids together with Sky and their growing group of RE100 peers.”
Part of the global Comcast group, Sky operates cross six countries, with 24 million customers.
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