SSE

While the 2030 HSE targets for scopes 1 and 2 are aligned with a 1.5°C scenario, the 2034 target for scope 3 covers only part of the scope emissions (43%), and no post-2034 target is, to date, scientifically validated. GHG emissions have increased overall by 3% since 2021/2022, with a clear increase in scope 3 emissions (+21%). In the short term, no reduction target has been communicated, but in the medium term, the company is aiming for -72% on scopes 1 and 2 by 2030, and -50% on part of scope 3 by 2034. The action plan is well modelled but the contribution of different actions to reduce scope 3 is not detailed and the company is not transparent about the future energy mix. In addition, the company has made some setbacks, in particular on its Net Zero investment plan and its target for installed capacity by 2027 (from 9 to 7 GW). In terms of remuneration, the annual variable does not include any climate-related criteria. Finally, the company has put an end to the annual consultative vote on the implementation of the climate strategy, which is now held every three years.