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KOREC Group's Climate Report

Submitted on 2026-03-31  ·  Edited on 2026-03-31

Introduction *

1.1 End day of the reporting period*

2024-12-31

1.1.1 Reporting year*

2024

1.2 Describe your business activities*

sales and hire of survey and engineering solutions

1.4 Number of employees on the end day of the reporting period*

100

1.4.1 Full-time equivalent (FTE) or headcounts*

Headcounts

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.*

Not applicable

1.5.1 Please explain the relationship*

-

Commitment and Targets *

2.1 Net zero target year*

2040

2.1.1 Base year*

2023

2.1.2 Base year value*

-

Base year value confirmation*

-

2.2 Near-term target*

50% of absolute scope 1+2+3 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.*

-

2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action*

Yes, the plan and action include scope 1+2

Own Emissions *

Energy consumption

3.2 Total energy consumption*

216644 kWh

3.3 Total renewable energy consumption*

0 kWh

Scope 1 emissions

3.4 Scope 1 emissions*

304.222 metric tons CO2e

Scope 2 emissions

3.5 Location-based Scope 2 emissions*

37.793 metric tons CO2e

3.6 Market-based Scope 2 emissions*

-

Scope 1 and 2 units confirmation*

-

3.7 Have you taken any actions to reduce Scope 1 and 2 emissions in the reporting period?*

-

3.8 Which tools or methods did you use to calculate your Scope 1 and 2 emissions?*

3.8.1 Specify any additional details*

-

Value Chain Emissions (optional)

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

-

Supply chain related - upstream emissions

Customer related - downstream emissions

Scope 3 units confirmation*

-

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?*

-

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?*

4.2.2 Provide any additional details*

-

4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*

-

4.3.1 What percentage of your suppliers have you asked?*

-

4.4 Have you communicated your commitment and actions to any of your customers?*

-

4.5 Which tools or methods did you use to calculate your scope 3 emissions?*

4.5.1 Specify additional details*

-

Climate Solutions (optional)

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?*

5.2 Please confirm your solutions meet all the following safeguard requirements.*

What percentage of your total revenue came from these products and/or services last year?*

-

5.4 Provide descriptions/names of your solutions:*

-

5.5 How did you assess whether these are climate solutions?*

5.5.1 Has any third party validated this?*

-

5.5.2 Specify any additional details*

-

Governance, Strategy and Climate Risk (optional)

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.*

6.1 Explain*

-

6.1.1 Please describe their position and responsibility.*

-

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*

-

6.1.3 Please describe the governance process in place*

-

6.2 Have you started to identify and assess your companies climate risks and opportunities?*

-

6.2.1 Where are the climate risks you've identified?*

-

6.2.1 Explain*

-

6.2.2 How are you managing these climate risks? Choose as many as are applicable.*

6.2.2 Explain*

-

6.2.3 Provide any additional comments or context on your climate risks:*

-

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*

-

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*

-

-

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.*

We are currently working with a 3rd party to calculate our total emissions for our base year of 2023. We hope to have this finalised and a carbon reduction plan in place by summer 2026. We also installed solar panels on our Dublin office in summer 2025 which is now generating ~33% of our energy use of that site

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 3 emissions

Specify other challenges*

-

7.3 Has there been any third party validation of the data submitted in this report?*

No

-

KOREC Group's Climate Report

KOREC Group's Climate Report - 2024

Introduction *

1.1 End day of the reporting period*

2024-12-31

1.1.1 Reporting year*

2024

1.2 Describe your business activities*

sales and hire of survey and engineering solutions

1.4 Number of employees on the end day of the reporting period*

100

1.4.1 Full-time equivalent (FTE) or headcounts*

Headcounts

1.5 Is this report being submitted on behalf of a parent company or a subsidiary? If so, please briefly explain the relationship.*

Not applicable

1.5.1 Please explain the relationship*

-

Commitment and Targets *

2.1 Net zero target year*

2040

2.1.1 Base year*

2023

2.1.2 Base year value*

-

Base year value confirmation*

-

2.2 Near-term target*

50% of absolute scope 1+2+3 emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.*

-

2.4 To reduce emissions in line with my commitment, my company has a climate action plan and is taking action*

Yes, the plan and action include scope 1+2

Own Emissions *

Energy consumption

3.2 Total energy consumption*

216644 kWh

3.3 Total renewable energy consumption*

0 kWh

Scope 1 emissions

3.4 Scope 1 emissions*

304.222 metric tons CO2e

Scope 2 emissions

3.5 Location-based Scope 2 emissions*

37.793 metric tons CO2e

3.6 Market-based Scope 2 emissions*

-

Scope 1 and 2 units confirmation*

-

3.7 Have you taken any actions to reduce Scope 1 and 2 emissions in the reporting period?*

-

3.8 Which tools or methods did you use to calculate your Scope 1 and 2 emissions?*

3.8.1 Specify any additional details*

-

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

-

Supply chain related - upstream emissions

Customer related - downstream emissions

Scope 3 units confirmation*

-

4.2 Have you taken any actions to reduce scope 3 emissions in the reporting period?*

-

4.2.1 What actions have you taken to reduce scope 3 emissions in the reporting period?*

4.2.2 Provide any additional details*

-

4.3 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?*

-

4.3.1 What percentage of your suppliers have you asked?*

-

4.4 Have you communicated your commitment and actions to any of your customers?*

-

4.5 Which tools or methods did you use to calculate your scope 3 emissions?*

4.5.1 Specify additional details*

-

Climate Solutions (optional) *

5.1 Do any of your existing products and/or services qualify as climate solutions or enabling solutions?*

5.2 Please confirm your solutions meet all the following safeguard requirements.*

What percentage of your total revenue came from these products and/or services last year?*

-

5.4 Provide descriptions/names of your solutions:*

-

5.5 How did you assess whether these are climate solutions?*

5.5.1 Has any third party validated this?*

-

5.5.2 Specify any additional details*

-

Governance, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.*

6.1 Explain*

-

6.1.1 Please describe their position and responsibility.*

-

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?*

-

6.1.3 Please describe the governance process in place*

-

6.2 Have you started to identify and assess your companies climate risks and opportunities?*

-

6.2.1 Where are the climate risks you've identified?*

-

6.2.1 Explain*

-

6.2.2 How are you managing these climate risks? Choose as many as are applicable.*

6.2.2 Explain*

-

6.2.3 Provide any additional comments or context on your climate risks:*

-

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.*

-

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?*

-

-

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.*

We are currently working with a 3rd party to calculate our total emissions for our base year of 2023. We hope to have this finalised and a carbon reduction plan in place by summer 2026. We also installed solar panels on our Dublin office in summer 2025 which is now generating ~33% of our energy use of that site

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 3 emissions

Specify other challenges*

-

7.3 Has there been any third party validation of the data submitted in this report?*

No

-

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