Policies & Disclosures

At Currys we're fully committed to operating a responsible business. We talk to our stakeholders about their expectations, we search out best practice and we reflect these in our policies and the disclosures we make.

The GHG emissions for our business for the reporting period 1 May 2022 – 29 April 2023 are as follows:

Emissions on location basis – Currys

Category	Tonnes of CO₂e emitted 2022/23	Change (%)	Tonnes of CO₂e emitted 2021/22	Tonnes of CO₂e emitted 2019/20
Emissions from combustion of fuel⁽⁴⁾ (Scope 1)	16,462	-2.9	16,952	19,868
Emissions from the operation of facilities⁽⁵⁾ (Scope 1)	890	-26.1	1,205	874
Scope 1 emissions	17,352*	-4.4	18,158	20,742
Emissions from purchase of electricity^{(3, 4)} (Scope 2)	29,865*	-13.0	34,318	51,131
Total	47,217	-10.0	52,476	71,873
Intensity ratio: tCO₂ e/1,000 sq ft occupied floor area⁽¹⁾	2.16*	-8.5	2.36	3.53

Emissions on market basis – Currys

Category	Tonnes of CO₂e emitted 2022/23	Change (%)	Tonnes of CO₂e emitted 2021/22	Tonnes of CO₂e emitted 2019/20
Emissions from combustion of fuel⁽⁴⁾ (Scope 1)	16,462	-2.9	16,952	19,868
Emissions from the operation of facilities⁽⁵⁾ (Scope 1)	890	-26.1	1,205	874
Scope 1 emissions	17,352*	-4.4	18,158	20,742
Emissions from purchase of electricity^{(3, 4,6)} (Scope 2)	3,499*	-27.6	4,834	16,121
Total	20,851	-10.0	22,991	36,863
Intensity ratio: tCO₂ e/1,000 sq ft occupied floor area⁽¹⁾	0.95*	-7.7	1.03	1.81

Emissions on location basis – By region

Category	Tonnes of CO₂e emitted 2022/23	Change (%)	Tonnes of CO₂e emitted 2021/22	Tonnes of CO₂e emitted 2019/20	Tonnes of CO₂e emitted per 1,000 sq ft of floor area 2022/23	Tonnes of CO₂e emitted per 1,000 sq ft of floor area 2021/22	Tonnes of CO₂e emitted per 1,000 sq ft of floor area 2019/20
UK and Offshore (Scope 1 and 2)	31,241	-12.7	35,791	51,866	2.76	2.75	4.35
Global (excluding UK and Offshore) (Scope 1 and 2)	15,976	4.2	16,684	20,006	1.52	1.80	2.37
Total	47,217	-10	52,476	71,873	2.16	2.36	3.53

Emissions on market basis – By region

Category	Tonnes of CO₂e emitted 2022/23	Change (%)	Tonnes of CO₂e emitted 2021/22	Tonnes of CO₂e emitted 2019/20	Tonnes of CO₂e emitted per 1,000 sq ft of floor area 2022/23	Tonnes of CO₂e emitted per 1,000 sq ft of floor area 2021/22	Tonnes of CO₂e emitted per 1,000 sq ft of floor area 2019/20
UK and Offshore (Scope 1 and 2)	15,399	-5.6	16,305	21,762	1.36	1.25	1.82
Global (excluding UK and Offshore) (Scope 1 and 2)	5,451	-18.5	6,686	15,101	0.52	0.72	1.79
Total	20,851	-9.3	22,991	36,863	0.95	1.03	1.81

(1)Overall floor area of the Currys plc for 2022/23 is estimated to be 21,881,331 sq ft.
(2) Data for 2021/22 has been restated with district heating energy consumption of 3,010,529kWh now reported as ‘Heating’ rather than ‘Electricity’.
(3) The electricity consumption figure includes Scope 2 generation emissions but not Scope 3 transmission and distribution losses.
(4) Electricity and gas usage is based on supplier bills. Manual gap filling was conducted for a small proportion of electricity supplies using an average of the consumption year to date or previous months. This is because this report was due before some electricity and gas bills had been provided by the suppliers. This report also includes electricity consumption through supplies where the landlord procures the energy; some of this consumption has been estimated either based on the average energy consumption per floor area for site type or using last year’s data estimation.
(5) Refrigerant data processing methodology and exclusions: Where refrigerant top-ups are reported, we assume this covers leakage across the estate under that
contractor’s responsibility to repair the leak and top-up the refrigerant, as such no estimation of leakage has been completed for units where no top-ups were carried out.
(6) Data for 2021/22 has been restated. The basis of calculation previously assumed that electricity used at a distribution site in Czechia was renewable. Additional information on this electricity source was obtained following the approval of the prior year Annual Report and so we have revised this assumption and a residual factor has now been used. As a result, the emissions from this site increased in 2021/22 from 0 to 1,646 tCO₂e, increasing our total scope 2 market-based emissions for the year from 3,188 to 4,834 tCO₂e. This also impacts our emissions intensity ratios; our Group emissions intensity for 2021/22 has increased by 0.07tCO₂e from 0.96tCO₂e to 1.03tCO₂e and our Global (excluding UK and Offshore) emissions for 2021/22 has increased by 0.18tCO₂e from 0.54tCO₂e to 0.72tCO₂e. Our 2021/22 reported consumption for renewable energy purchased or generated has reduced by 2,993,543kWh from 195,279,334kWh to 192,285,791kWh. For 2022/23 we have applied the same residual factor in relation to this site. This site wasn’t reported prior to May 2021 and therefore has no impact on the 2019/20 baseline.