116

Full-time equivalent

Not applicable

2050

Yes, the plan and action include all scope 1+2+3

This report provides a carbon emission assessment of Amplify’s global footprint in 2024 across London, LA, New York, Paris and Sydney. Our focus for FY2024 was on measuring only Scope 1 and 2 emissions. This decision was made to allow for more time and resource to focus on Scope 3 reductions based on 2023 report recommendations. For FY2025, we will carry out a full appraisal of our Scope 1, 2 and 3 emissions for all offices globally to be able to better identify key hotspot areas and the end-to-end scope of the impact of the business. This report includes full data from our initial 2022 assessment, our 2023 baseline and most recent 2024 data. This report should be used as the primary source of data for future reporting. For 2024 reporting, we used the same methodology used in our 2023 baseline to allow for more accurate, like-for-like comparisons. The below updates and assumptions have been made and shared to ensure transparency across reporting: The GHG Protocol and is continually evolving. All FY2024 reporting is completed based on the latest and most robust methodology and emission factor sources available. A conversion error was identified in FY2023 data, specifically, the metric used to model emissions for the US office was MWh/sq ft, this was converted into KWh/sq metre to align with the emissions factor units (kgCO2e/KWh). Due to an incorrect cell reference in the calculation, the raw figure was multiplied by the wrong value. Corrected data included in this FY2024 report should be used over previously dated versions. This FY2024 report shows the updated modelling method for gas use in the US, as more data has become available since the last assessment. Previous years’ data has been updated to allow comparability. Corrected data included in this FY2024 report should be used over previously dated versions. Previous market-based and location-based emissions were calculated using average grid emissions intensities that differed where a renewable tariff was in place. This FY2024 report calculates market-based emissions in accordance with new legislation (the GHG Protocol Scope 2 Guidance Amendment) that uses residual factors to calculate emissions where no renewable tariff is in place. Previous years’ data has been updated to allow comparability. Corrected data included in this FY2024 report should be used over previously dated versions. For FY2023 we worked with a new carbon accounting auditor following challenges with our previous partner. Whilst both auditors follow the GHG protocol, their exact methodology and emissions factors used will always differ. It\'s important to note carbon accounting standards are continually evolving - for example in 2022 GHG protocol recommended to exclude Purchased Goods and Services from reported figures, however for 2023 these have been included to increase accuracy and transparency. This has been a contributing factor to the differences in some of the 2022 and 2023 data, however the key impact areas (and therefore our areas of focus) remain the same. Ensuring we continue to follow the latest GHG protocol will allow us to align with wider corporate reporting standards and stay ahead of any future legislation.