Serco launches Net Zero Standard for suppliers

Image courtesy Serco

Serco has made significant progress in its journey towards a sustainable future. In 2024 Serco had its Science Based Targets (SBTs) externally validated by the Science Based Targets initiative (SBTi). They found that Serco’s emissions reduction targets will support the international ambition to limit global warming to 1.5 degrees. 

Working with its suppliers to tackle supply chain emissions is a core part of Serco’s Net Zero strategy and, under its SBTs, Serco is committed to ensuring that 95% of its suppliers (by emissions) achieve science-aligned decarbonisation targets by 2028. The Net Zero Standard is a set of three actions for Serco’s suppliers, to support their transition to Net Zero. The actions are to:

1. Set a goal to reach Net Zero by 2050 or sooner. 
2. Calculate and report their emissions data across scopes 1-3.
3. Set science-aligned decarbonisation targets, to serve as credible milestones to meeting their Net Zero goals.

Serco will be supporting and working with its suppliers to meet their shared decarbonisation targets on this journey over the months and years ahead. Serco believes the benefits in energy and cost efficiency, productivity and sustainability to be significant and worthwhile benefits of these actions. 

Anthony Kirby, Serco’s Group Chief Executive Officer, said: “We are delighted to launch our new Net Zero Standard, a set of three ambitions for our suppliers to support and accelerate their transition to Net Zero.
 
“At Serco we have set out plans to decarbonise in line with our Science-Based Targets, so it is imperative that we work in partnership and collaboration with our supply chain as we transition to Net Zero together.”