Carbon Reduction Plan

Commitment to achieving Net Zero

Statement Property Group Ltd is committed to achieving Net Zero emissions by 2035 — fifteen years ahead of the 2050 commitment required of major government suppliers under PPN 006.

Baseline Emissions Footprint 2024

Our 2024 baseline totalled 0.61 tCO2e across Scope 2 (0.15 tCO2e) and Scope 3 emissions (0.46 tCO2e).

2025 Emissions Footprint

Activity in 2025 was materially unchanged from the baseline year: remote-first operations, a single fully electric vehicle for all business travel, paperless delivery and no office premises. 2025 emissions are calculated on a like-for-like basis, applying the 2025 Government greenhouse gas conversion factors to the same activity. Of the Scope 3 categories required by the reporting standard, waste (Category 5) and employee commuting (Category 7) are nil or de minimis under our remote-first model, business travel (Category 6) is undertaken by electric vehicle with charging electricity accounted for within Scope 2, and downstream transportation (Category 9) does not apply to a professional services business.

Our 2025 totalled 0.59 tCO2e across Scope 2 (0.13 tCO2e) and Scope 3 emissions (0.46 tCO2e).

Emissions Reduction Targets

We project that carbon emissions will decrease over the next five years to 0.30 tCO2e by 2029 — a 50.8% reduction from our 2024 baseline emissions of 0.61 tCO2e. Year 2 performance stands at 0.59 tCO2e.

Carbon Reduction Projects

Completed initiatives include transitioning to 100% electric vehicles, adopting remote-first working and implementing digital-first operations. Future plans include appointing a FAIR Lead for sustainability oversight, employee education, supplier engagement on recycled equipment, restricting international travel, improving home-working energy efficiency, and securing EPC B-rated future offices.

Declaration and Sign Off

Signed off by CEO David Goodwin on 30 July 2025. Next review by 31 March 2027.