Kirby Group Engineering Limited

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Carbon per million dollars of physical infrastructure — PP&E plus leased real-estate, including upstream and downstream leased emissions (Scope 3 categories 8 + 13). The most complete view of physical-asset carbon intensity, relevant for REITs and infrastructure-heavy firms.

Kirby commits that 100% of its facilities — offices, manufacturing sites, and warehouses — will use 100% renewable energy by the end of 2034. This forms part of the Planet pillar of the company's sustainability strategy, alongside Scope 1/2 and fleet emissions reduction targets.

No narrative on durable removals approach in the firm's most recent reports.

• Own operations & fleet decarbonisation

  Kirby targets a 60% reduction in Scope 1 & 2 emissions by end of 2034 (from a 2023 baseline), including a specific commitment to a 60% reduction in fleet emissions by 2034. Sub-metering has been installed at three Irish offices to enable granular energy data tracking supporting this lever.

• Fleet emissions reduction

  Kirby targets a 60% reduction in fleet emissions by 2034, addressing vehicle-related Scope 1 emissions from its own operations across Ireland, the UK, and Europe.

• Facility and operational Scope 1 & 2 emissions reduction

  Kirby commits to reduce Scope 1 & 2 emissions by 60% by end of 2034, measured against a 2023 baseline, covering its own operational footprint including facilities and equipment.

• Operational Scope 1 & 2 emissions reduction

  Kirby targets a 60% reduction in combined Scope 1 & 2 emissions by end of 2034, measured against a 2023 baseline, covering direct operational emissions and purchased energy.

• Facility energy efficiency and Scope 1 & 2 reduction

  Kirby calculates Scope 1, 2 and 3 emissions annually and has installed sub-metering at three Irish offices to enable granular energy data tracking, supporting its target to reduce Scope 1 & 2 emissions by 60% by end of 2034 against a 2023 baseline.

• Circular economy and waste reduction

  Kirby plans to develop a circular economy strategy by end of 2027 and has committed to achieve zero avoidable waste to landfill by end of 2030, addressing Circularity as a focus topic under its Planet pillar.

• Fleet emissions decarbonisation

  Kirby has committed to a 60% reduction in fleet emissions by 2034, forming part of its Scope 1 direct emissions reduction pathway from a 2023 baseline.

• Purchased goods/services & use of sold products emissions reduction

  Kirby has committed to reducing Scope 3 emissions from purchased goods/services and use of sold products by 35% by end of 2034, from a 2023 baseline. This lever depends on supplier and customer/product-use decarbonisation across the value chain.

• Purchased goods/services and use of sold products (Scope 3) reduction

  Kirby aims to reduce Scope 3 emissions specifically from purchased goods/services and use of sold products by 35% by end of 2034, from a 2023 baseline. This addresses dependent, value-chain emissions tied to suppliers and product use, which the firm identifies as its most material Scope 3 categories.

• Purchased goods and services emissions reduction (supply chain)

  Kirby is targeting a 35% reduction in Scope 3 emissions from purchased goods/services and use of sold products by end of 2034 (2023 baseline). This is supported by supplier risk assessments covering 50% of procurement spend annually and a Supplier Code of Conduct to be signed by 100% of key suppliers/subcontractors by 2027.

• Supply chain engagement via Supplier Code of Conduct and risk assessments

  Kirby is driving supply-chain accountability by requiring 100% of key suppliers and subcontractors (covering 50% of total procurement spend) to sign a Supplier Code of Conduct by end of 2027, and by completing risk assessments for top suppliers and subcontractors at least every 12 months, to manage dependent emissions and ESG risk embedded in its supply chain.

• Use of sold products (low-carbon engineering solutions)

  Under its Planet pillar ('Engineering a Better World'), Kirby aims to equip its people to deliver trusted low-carbon solutions to clients, targeting a 35% reduction in Scope 3 emissions from use of sold products by 2034 against a 2023 baseline — reflecting the downstream impact of the low-carbon engineering and construction solutions it delivers to customers.

• Purchased goods and services emissions reduction

  Kirby targets a 35% reduction in Scope 3 emissions from purchased goods and services (alongside use of sold products) by end of 2034 versus a 2023 baseline, reflecting reliance on supply chain decarbonisation.

• Use of sold products emissions reduction

  As part of the same 35% Scope 3 reduction target by 2034, Kirby includes emissions from the use of sold products, indicating dependence on how clients operate delivered engineering solutions.