Our environment

In addition to periodic calculations for our direct emissions, FY23 has seen us look at the wider Motorpoint value chain. In line with our TCFD commitments in FY22, we have calculated our applicable categories of Scope 3 emissions as well as our annual streamline energy and carbon reporting.

Streamlined Energy and Carbon Reporting (‘SECR')

This SECR information report has been compiled in line with the March 2019 BEIS 'Environmental Reporting Guidelines: Including streamlined energy and carbon reporting guidance', and the EMA methodology for SECR Reporting for all measured emissions from activities which the organisation has financial control over. The carbon figures have been calculated using the BEIS 2022 carbon conversion factors for all fuels.

The table below sets out Motorpoint’s emissions in FY23 with prior year comparatives.

_{Note: Disclosures above are aligned with the SECR minimum mandatory requirements for quoted companies: global Scope 1 emissions from combustion of gas/ fuel for transport purposes and global Scope 2 emissions from purchased energy. Additional disclosure of Scope 3 emissions from business travel or employee owned vehicles is included. Motorpoint plc operates within the UK only.
*Our FY22 utility usage has been restated following re-issued invoices by utility providers reflecting increased emissions. For reference the previously disclosed tCO2e for Scope 1 combustion of gas and Scope 2 emissions generated through the use of purchased electricity were 618.35 and 959.50 respectively, with the increased intensity ratio and total updated for the increased total emissions.} 

Our SECR reported emissions for Scope 1 and 2, Business Travel decreased 2.7% from 2,540 tCO2e in FY22 to 2,467 tCO2e in FY23. On an intensity basis, taking into account the portfolio size of the business, our emissions intensity decreased by 10.0% from FY22 to FY23.

As noted  earlier in the energy usage section, our electricity consumption increased from 4,799,812 kWh in FY22 to 5,269,331 kWh in FY23. However, location based emissions associated with the purchase of electricity stayed consistent in tCO2e terms due to the lower UK emissions factor for grid electricity in 2022 compared to 2021.

Our relative footprint decrease for combustibles and purchased energy in Scope 1 and 2 reflects the success of our store sustainability forums, with engagement with store management to apply reduction strategies at their respective stores.                

Scope 3 Emissions

With GHG emissions being a priority focus under our ESG framework, a detailed understanding of our emissions is vital. Up until recently our focus has been on the emissions from our direct operations under Scope 1 and Scope 2 of the GHG protocol. While these emissions are more directly under our control, they offer only a snapshot of total emissions footprint as opposed to the emissions of our entire value chain under Scope 3.

There are a total of 15 categories defined by the GHG protocol for Scope 3. Of these 15 categories, we have established that nine additional areas not in our SECR reported emissions above that are relevant to Motorpoint’s value chain. Based on these categories, we have calculated our emissions using the most appropriate method with the data available to us, recognising that reliable data for Scope 3 is a challenge and we are on a journey to improving our understanding in this area. Particular focus was put towards the calculation of emissions from products sold, as this category makes up the majority of our entire footprint across Scope 1, 2 and 3. For categories less material to the business due to their reduced totals of tCO2e, we have calculated them using a range of industry accepted data and estimates.