Drax Group plc (DRX) 2024年CSR報告「LSE」.pdf

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1、Contents Environment2 Generation,Pellet Production,andCustomers3 Carbon and energy5 Nature and environmental managementSocial7 Health and safety7 Our people8 Social valueGovernance9 Ethics and integrityAssurance statements 10 AssurancestatementsOur ESG Performance Report 2024 provides an overview of

2、 our ESG dataDrax Group plcDrax ESG Performance Report 2024Policies and key documents areavailable at Production,and CustomersEnvironmentDatapointUnit20242023NotesGeneration outputTotal generation outputTWh15.812.4Generation output has been captured from Unit Export,rather than Station Gate*.Total r

3、enewable generation outputTWh15.812.4Includes biomass,hydro and pumped storage.Total nonrenewable generation outputTWh0.00.003Drax Power Station coal-fired Units 5 and 6 were run early in 2023 to assist with putting the units into preservation ready for decommissioning and were decommissioned in 202

4、4.Proportion of renewable generation output%10099.9Generation capacityTotal generation capacityGW3.23.2Capacity at 31 December for reporting year.Total renewable generation capacityGW3.13.1Includes biomass,hydro and pumped storage.Total nonrenewable generation capacityGW0.10.1The non-renewable capac

5、ity represents gas-fired start-up capacity at Drax Power Station.Pellet ProductionTotal wood pellets producedMt4.03.8CustomersTotal electricity salesTWh16.017.6Total gas salesTWh0.41.3The sale of the majority of our Opus Energy SME customer meter points in 2024 contributed to the decrease in total g

6、as sales.Electricity supplied to customers from renewable sources%9192The figures relate to Compliance Period 22(April-March).Please see moreonour websites at:https:/ Export is the sum of Gross Generation less self-generated works power.Station Gate is Unit Export less the directly attributable amou

7、nt of imported power via the station transformer.Biomass 95Hydro 2Pumped Storage 3Power generation mix in 2024(%total output)Drax Group plc ESG Performance Report 2024 2DatapointUnit20242023NotesCarbon emissions,Scope 1 and 2Generation CO2e emissionsktCO2e207141Generation emissions covers the total

8、direct emissions from Scope 1 and indirect emissions from Scope 2 activities across our Generation sites.Group total Scope 1ktCO2e266255(1)Group total Scope 1 covers all direct emissions from ourown business operations,across all sites.Group total Scope 2 (location-based)ktCO2e280231(1)Group total S

9、cope 2 covers all indirect emissions associated with our electricity and heat consumption,across all sites.Since 2023 we have updated the location-based methodology,where the Group is able to apply our own generation(currently UK REGOs)andapply a zero-carbon factor for GB grid locations.Group total

10、Scope 2 (market-based)ktCO2e367273(1)Group total Scope 1 and 2(location-based)ktCO2e546 486Proportion of Group emissions within the UK%4334(1)Biogenic CO2 emissionsktCO2e13,27611,463The biogenic CO2 emissions across the Group are zero-rated under the GHG Protocol methodology and our SBTi targets.Bio

11、genic CO2 emissions are reported separately as“outside of scope”in ESG reports or under“Memo items”of UK Emissions Trading Scheme(UK ETS).Generation emissions per GWh ofelectricitygenerationtCO2e/GWh1311(1)Group emissions per GWh of electricity generationtCO2e/GWh3439(1)Group emissions are total Sco

12、pe 1 and 2 emissions asreported.Carbon emissions,Scope 3Group total Scope 3ktCO2e2,867 3,534(1)Purchased goods and servicestCO2e 1,006,296891,672The movement was caused by an increase in procurement of pellets for energy generation.Capital goodstCO2e248,790381,352Fuel and energy-related activitiestC

13、O2e 1,357,7571,215,553 Upstream transportation anddistributiontCO2e4,25132,666Traded pellet and pellet transportation emissions were recategorised from Upstream transportation and distribution to Fuel and energy-related activities,Purchased goods and services and Downstream transportation and distri

14、bution.Waste generated in operationstCO2e5,3391,477Business traveltCO2e5,2214,045Employee commutingtCO2e4,4494,183Upstream leased assetstCO2e154174Downstream transportation anddistributiontCO2e135,957186,909Processing of sold productstCO2e476668Carbon and energyEnvironment continued Drax Group plc E

15、SG Performance Report 2024 3DatapointUnit20242023NotesCarbon emissions,Scope 3(continued)Use of sold productstCO2e97,953815,668In 2023,the higher emissions were primarily due to thesale of the remaining coal procured on behalf of the UKGovernment,under the Winter contingency service agreement with t

16、he National Grid.This concluded at the end of March 2023.In 2024,there was no coal sold.Downstream leased assetstCO2e50Drax previously excluded this category from reporting as it had been deemed immaterial.For 2024 this category has been added,using the GHG Protocol,toensure a more complete GHG inve

17、ntory.Energy consumptionGroup total energy consumptionGWh41,52134,113(1)Group total energy consumption within the UKGWh38,29430,125 This metric was subject to external independent limited assurance by PricewaterhouseCoopers LLP(PwC)as part of their assurance over metrics in the ESG Performance Repor

18、t 2024.For the results of that assurance,refer to page 11 in the ESG Performance Report 2024.(1)Equivalent limited external assurance was obtained over this metric in prior year and results of that assurance can be found in the ESG Performance Report 2023.Drax Group plc continues to apply the UKs St

19、reamlined Energy and Carbon Reporting(SECR)requirements as described in the Companies Act(2006),the relevant disclosures are included in the tables above.A full review of our environmental achievements,energy-saving measures and commitments can be found within the Strategic Report oftheDrax Group pl

20、c Annual Report and Accounts for the year ended 31 December 2024.Carbon and energy continuedEnvironment continuedSBTi targetsTargetyearBase Year20202023%change against 2020 baseline2024%change against 2020 baseline75.7%reduction in Scope 1 and 2 emissions from electricity generation by2030(kgCO2e/MW

21、h)20301387%reduction89%reduction1110075.7%reduction in Scope 1,2,and 3 emissions from all sold electricity by 2030(kgCO2e/MWh)20302180%reduction78%reduction1032242%reduction in non-generation Scope 1 and 2 emissions by 20302030337,51719%increase22%increase345,051282,92642%reduction in Scope 3 emissi

22、ons by 203020302,866,69219%reduction0.1%reduction3,534,3693,537,561Science Based Targets initiative(SBTi)targetsDrax also sold a sizeable portion of its gas and electricity customer contracts away from its Opus accounts.While the associated emissions still exist,they will now be accounted for by the

23、 purchaser and as a result contribute to a decrease in our overall GHG inventory.Of our total Scope 3 emissions in 2024,100ktCO2e were attributable to the sold Opus accounts.We believe the circumstances of this sale require us to rebaseline our emissions in line with the GHG protocol the emissions a

24、ttributable to Opus accounts in 2020 was 640ktCO2e.We will conduct this exercise in 2025,taking advantage of the protocols“year after”disclosure guidance,whenfull data is available for us to accurately analyse its impact on our baseline,and we will restate reporting as required.Drax Group plc ESG Pe

25、rformance Report 2024 4Nature and environmental managementOther emissions to air Unit20242023NotesPower Generation,other emissions to airNitrogen oxides Generationt6,8535,831Sulphur dioxide Generationt887849Particulates Generationt468313Sulphur hexafluoride Generationt0.010.1Pellet Production,other

26、emissions to airNitrogen oxides Pellet Productiont783621Volatile Organic Compounds(VOCs)Pellet Productiont919741An increase in non-hazardous waste water at two of our US sites,which cannot be disposed of through drainage,has contributed to the increase in 2024.Particulates Pellet Productiont7661,457

27、The implementation of particulate monitoring control equipment and other improvements at some of our Canadian pellet mills,have contributed to the decrease in 2024.Carbon monoxide Pellet Productiont1,4851,128Water Unit20242023NotesWater withdrawn/abstracted fromareasof water stressm300Total volume o

28、f water from areas of“high”water stress,as classified by the WRI Aqueduct Water Risk Atlas(Aqueduct 4.0),baseline“water stress”indicator.Water consumed from areas ofwaterstressm3248347This metric considers water use across Draxs direct operations.The volume reported represents water use at our Londo

29、n office,the only location classified as baseline(current)“high”water stress.Total water abstracted Power Generationm344,491,59545,058,529Power generation covers Drax Power Station.Total water returned Power Generationm337,119,03641,223,516Power generation covers Drax Power Station.Total water abstr

30、acted and returned HydroGenerationm33,664,202,3833,515,581,216Hydro Generation covers Galloway and Lanark HydroScheme.Total water abstracted from reservoir PumpedStoragem3519,698,714465,042,239Pumped Storage covers Cruachan Power Station.Total water abstracted from LochAwe Pumped Storagem3509,603,58

31、6451,360,634Excluding volume of water collected via the aqueductsystem.Waste Unit2024 2023 NotesTotal waste generatedt51,88846,890Waste data has been collected from our owned sites and the waste has been listed as hazardous/non-hazardous according to local regulator approach.Where data is unavailabl

32、e,assumptions have been made based on European Waste Codes and volumes for comparable sites.The 2023 hazardous waste total(3,281t)has been amended to reflect an update in hazardous waste classifications in our reporting criteria and to ensure consistency with 2024 reported results.Total hazardous wa

33、ste generatedt581877Environment continued Drax Group plc ESG Performance Report 2024 5Environment continuedBiomassUnit2024 2023 NotesDrax Power StationProportion of woody biomass consumed at Drax Power Station withSBP Compliant claim%98.6*96.9Average biomass supply chain GHGemissionskgCO2e/MWh93.7*9

34、7.2(1)The 2023 GHG data has not been calculated for waste materials and therefore these arenot included inthe average total.*Limited external assurance by Bureau Veritas using the assurance standard ISAE 3000.For assurance statement see limited external assurance was obtained over this metric in pri

35、or year and the corresponding assurance statement can be found at Group sources of fibreCountrySawmill and other wood industry residues(t)Branches and tops(t)Thinnings(t)Low-grade roundwood(t)End-of-life trees(t)Agricultural residues(t)Country total(t)US2,351,50264,9311,342,8202,026,2662194,1105,979

36、,631Canada1,703,775173,2790214,4086,52902,097,990Latvia54,3806,83316428,73800489,967Brazil6,5270042,13784,3990133,062Estonia17,07337212,25663,4880093,189Portugal1,1367,41244,52810,659514064,249UK0000055,10355,103Bulgaria0000023,39423,394Lithuania6,444006,3340012,777Other European2,6230011,5610014,18

37、4Total4,143,459252,8271,399,6202,803,59191,443272,6088,963,549Pellet Production sources of fibreCountrySawmill and other wood industry residues(t)Branches and tops(t)Thinnings(t)Low-grade roundwood(t)End-of-life trees(t)Agricultural residues(t)Country total(t)US1,199,1620682,764192,726002,074,652Can

38、ada1,332,700146,0120205,398001,684,110Total2,531,862146,012682,764398,123003,758,762Drax Power Station sources of fibreCountrySawmill and other wood industry residues(t)Branches and tops(t)Thinnings(t)Low-grade roundwood(t)End-of-life trees(t)Agricultural residues(t)Country total(t)US2,257,84164,931

39、1,342,8202,026,2662194,1105,885,970Canada683,00267,243057,8936,5290814,667Latvia54,3806,83316428,73800489,967Brazil6,5270042,13784,3990133,062Estonia17,07337212,25663,4890093,190Portugal1,1367,41244,52810,659514064,249UK0000055,10355,103Bulgaria0000023,39423,394Lithuania6,444006,3340012,777Other Eur

40、opean2,6230011,5610014,184Total3,029,026146,7921,399,6202,647,07691,443272,6087,586,564Nature and environmental management continued Drax Group plc ESG Performance Report 2024 6Health and safetyOur peopleUnit20242023NotesHealth and safetyTotal Recordable Incident Rate(TRIR)Per 100,000 hours0.240.38(

41、1)TRIR is the total fatalities,lost time injuries,restricted work,and medical treatment injuries per 100,000 hours worked.Total includes both employees and contractors across our sites and offices.Near Miss and Hazard Identification Rate(NMHIR)Per 100,000 hours167.56129.26(1)NMHIR is the total near

42、misses and hazard incidents per100,000 hours worked.Total includes both employees and contractors.Fatalitiesn00Total includes both employees andcontractors.This metric was subject to external independent limited assurance by PricewaterhouseCoopers LLP(PwC)as part of their assurance over metrics in t

43、he ESG Performance Report 2024.For the results of that assurance,refer to page 11 in the ESG Performance Report 2024.(1)Equivalent limited external assurance was obtained over this metric in prior year and results of that assurance can be found in the ESG Performance Report 2023.SocialUnit20242023No

44、tesWorkforce compositionTotal Group employeesn3,2433,551Total number of Group employees as at 31 December forreporting year.Total pay and benefits(50th percentile)75,40961,948Ratio of CEO earningsn:138:146:1Diversity,Equity and InclusionAll employees female%28.532.0Total workforce,including Board me

45、mbers andseniormanagers.All employees male%71.568.0Senior managers female%35.736.8Executive Committee,direct reports(excludingPersonalAssistants and Executive Assistants)and Subsidiary Directors.2023 figures donot contain Subsidiary Directors.Senior managers male%64.363.2Board members female%44.450.

46、0Board members male%56.650.0Workforce otherEmployees covered by collective bargainingagreement%10.711.4Employee engagement scoren7.47.9In 2024,we transitioned engagement survey providers and score calculation methodology.The 2023 figure is calculated as a%(79%).Employee turnover rate%21.613.4Total e

47、mployee turnover is calculated as the number ofleavers over the previous 12 months and divided bythe average headcount over the same period.Voluntary employee turnover rate%7.88.7Voluntary employee turnover is based on leaver categorisation,including resignation and retirement.Involuntary employee t

48、urnover rate%13.84.7Involuntary employee turnover is based on leaver categorisation,including dismissal and redundancy.Drax Group plc ESG Performance Report 2024 7Social valueUnit20242023NotesSocial valueTotal Donations(including Drax Foundation)3,618,1322,688,596Funding by CountryDrax Foundation To

49、tal funding to UK2,378,1901,316,741Drax Foundation Total funding to Canada267,222575,527Drax Foundation Total funding to US265,835671,328Funding by Focus Area Drax Foundation Total funding to STEM initiatives521,338746,508Drax Foundation Total funding to Renewable Energy and Energy Efficiency initia

50、tives2,122,778616,308Drax Foundation Total funding to Nature andCommunity Green Spaces initiatives262,130432,390Total funding to Crisis Fund initiatives11,538206,420Crisis Fund does not come out of the Drax Foundation.Drax Community Fund Total funding for ouroperating communities695,347686,970Donati

51、ons to local non-profit organisations and community groups in the communities where Drax operates.Social continued Drax Group plc ESG Performance Report 2024 8Unit20242023NotesSpeak Up(whistleblowing)Total number of Speak Up reports raisedn4949There were 49 reports raised through our Speak Up channe

52、ls during 2024.We seek to investigate all reports where sufficient information is provided.Of these 49 reports,45 were closed in 2024 11 could not be progressed due to insufficient information,29were investigated and found to be unsubstantiated,and 5 were investigated and found to be substantiated.T

53、here were 4 that remained open as of 31 December.eLearning and trainingEmployees that have received and completed an Annual Business Ethics Declaration%99.687.5Calculated as the proportion of permanent employeeswho have completed an Annual Business EthicsDeclaration,as of 31 January 2025,relativeto

54、the number invited to complete.Excludesemployees on long-term absence from Drax during thedeclaration period.Employees that have received and completed the Code of Conduct eLearning refresh%99.690.9Calculated as the proportion of permanent employeeswho have completed the Code of Conduct eLearningref

55、resh,as of 31 January 2025,relative to the numberinvited to complete.Excludes employees on long-termabsence from Drax.2023 data has been updated(as it was previously 92%),due to an error being found in themanual calculation.We have automated the process in 2024 to avoid any future manual errors.Cybe

56、r securityEmployees that received and completed Cyber Security Awareness training%99.697.7Ethics and integrityGovernance Drax Group plc ESG Performance Report 2024 9Directors Statement on Drax Group plcs ESG Performance Data(1)The following statements are made by senior management with delegated aut

57、hority from the Board of Drax Group plc.As the Senior Management of Drax Group plc we confirm that we are responsible for the preparation of the“Drax ESG Performance Report 2024”including this Directors Statement and for reporting the ESG Performance Data(1)as it appears in the Drax ESG Performance

58、Report 2024 in accordance with the reporting criteria set out on the following webpage:https:/ confirm,to the best of our knowledge and belief,that we have:designed,implemented and maintained internal controls and processes over information relevant to the measurement,evaluation and preparation of t

59、he ESG Performance Data(1)as it appears in the Drax ESG Performance Report that is free from material misstatement,whether due to fraud or error;established objective reporting criteria that is appropriate for preparing and presenting the ESG Performance Data(1)as it appears inthe Drax ESG Performan

60、ce Report 2024,including clear definition of the entitys organisational boundaries,and applied them consistently;presented information,including the reporting criteria,in a manner that provides relevant,complete,reliable,unbiased/neutral,comparable and understandable information;and reported the ESG

61、 Performance Data(1)as it appears in the Drax ESG Performance Report 2024 in accordance with the reporting criteria.Director Director For and on behalf of the Board of Directors of Drax Group plc For and on behalf of the Board of Directors of Drax Group plc26 February 2025 26 February 2025(1)“Sustai

62、nability performance data”is made up of the following:Group total Scope 1 greenhouse gas emissions;Group total Scope 2(location and market-based)greenhouse gas emissions;Group total Scope 3 greenhouse gas emissions;Proportion of Group emissions in the UK;Generation emissions per GWh of electricity g

63、eneration;Group emissions per GWh of electricity generation;Group total energy consumption;Total Recordable Incident Rate;and Near Miss and Hazard Identification RateIndependent Assurance StatementsAssurance Statements Drax Group plc ESG Performance Report 2024 10Independent Assurance StatementsAssu

64、rance Statements continuedIndependent Limited Assurance Report to the Directors of Drax Group plc on ESG Performance DataOur limited assurance conclusionBased on the procedures we have performed,as described under the“Summary of work performed”and the“Areas of Assurance Focus”sections below,and the

65、evidence we have obtained,nothing has come to our attention that causes us to believe that the information marked with the symbol in Drax Group plcs(“Drax”)ESG Performance Report for the year ended 31December 2024(the“Report”)and summarised below(together,the“Subject Matter Information”),has not bee

66、n prepared,in all material respects,in accordance with Draxs Environmental,Social and Governance(ESG)Databook,version 1(the“Reporting Criteria”)set out in the following link:https:/ we were engaged to assureThe Subject Matter Information needs to be read and understood together with the Reporting Cr

67、iteria which Draxs Directors are solely responsible for selecting and applying.The Subject Matter Information and the Reporting Criteria are as set out in the tablebelow:Subject Matter InformationLocation of Subject Matter InformationReporting Criteria Group total Scope 1 greenhouse gas emissions Pa

68、ge 3 of the ReportThe Reporting Criteria is available on Draxs website https:/ total Scope 2(location-based)greenhouse gas emissions Page 3 of the Report Group total Scope 2(market-based)greenhouse gas emissions Page 3 of the Report Group total Scope 3 greenhouse gas emissions Page 3 of the Report P

69、roportion of Group emissions in the UK Page 3 of the Report Generation emissions per GWh of electricity generation Page 3 of the Report Group emissions per GWh of electricity generation Page 3 of the Report Group total energy consumption Page 4 of the Report Total Recordable Incident Rate(TRIR)Page

70、7 of the Report Near Miss and Hazard Identification Rate(NMHIR)Page 7 of the Report(1)The maintenance and integrity of Draxs website is the responsibility of the Directors;the work carried out by us does not involve consideration of these matters and,accordingly,we accept no responsibility for any c

71、hanges that may have occurred to the reported Subject Matter Information or Reporting Criteria when presented on Draxs website.Drax Group plc ESG Performance Report 2024 11The scope of our work did not extend to information in respect ofearlier periods or to any other information included in,or link

72、edfrom,the Report.Our workProfessional standards appliedWe performed a limited assurance engagement in accordance with International Standard on Assurance Engagements 3000(Revised)Assurance Engagements other than Audits or Reviewsof Historical Financial Information and,in respect of thegreenhouse ga

73、s(GHG)emissions,in accordance with International Standard on Assurance Engagements 3410 Assurance Engagements on Greenhouse Gas Statements,issued by the International Auditing and Assurance Standards Board.Our independence and quality controlWe have complied with the Institute of Chartered Accountan

74、ts in England and Wales Code of Ethics,which includes independence and other requirements founded on fundamental principles of integrity,objectivity,professional competence and due care,confidentiality and professional behaviour,that are at least as demanding as the applicable provisions of the Inte

75、rnational Code of Ethics for Professional Accountants(including International Independence Standards)issued by the International Ethics Standards Board for Accountants(IESBA Code).We apply International Standard on Quality Management(UK)1 and accordingly maintain a comprehensive system of quality ma

76、nagement including documented policies and procedures regarding compliance with ethical requirements,professional standards and applicable legal and regulatory requirements.Independent Assurance Statements continuedAssurance Statements continued Drax Group plc ESG Performance Report 2024 12Independe

77、nt Assurance StatementsSummary of work performedWe performed a limited assurance engagement.Because the level of assurance obtained in a limited assurance can vary,we give more detail about the procedures performed,so that the intended users of the Subject Matter Information can understand the natur

78、e,timing and extent of procedures we performed as context for our conclusion.These procedures performed vary in nature and timing from,and are less in extent than for,a reasonable assurance engagement.Consequently,the level of assurance obtained in a limited assurance engagement is substantially low

79、er than the assurance that would have been obtained had a reasonable assurance engagement been performed.In performing our assurance procedures,which were based on ourprofessional judgement,we performed the following:evaluated the suitability in the circumstances of Draxs use ofthe Reporting Criteri

80、a as the basis for preparing the Subject Matter Information including the associated reporting boundaries;through inquiries,obtained an understanding of Draxs control environment,processes and systems relevant to the preparation of the Subject Matter Information.Our procedures did not include evalua

81、ting the suitability of design,obtaining evidence about their implementation or testing operating effectiveness of particular control activities;evaluated whether Draxs methods for developing estimates areappropriate and had been consistently applied,noting that our procedures did not involve testin

82、g the data on which the estimates are based or separately developing our own estimates against which to evaluate Draxs estimates;compared year on year movements and obtained explanations from management for significant differences we identified;performed limited substantive testing of the Subject Ma

83、tter Information,which is aggregated from information submitted byDraxs operations within the UK.Testing involved agreeing arithmetical accuracy of calculations,and agreeing data points to or from source information to check that the underlying subject matter had been appropriately evaluated or meas

84、ured,recorded,collated and reported;undertook a site visit at Drax Power Station,Cruachan and Lanark to understand the operations within the electricity generation processes;and evaluated the disclosures in,and overall presentation of,theSubject Matter Information.Our assurance procedures specifical

85、ly did not include testing tosource evidence the accuracy of average biomass supply chain emissions,which are assured separately and for which Drax has obtained an ISAE 3000(R)limited assurance report.MaterialityWe are required to plan and perform our work to address the areaswhere we have identifie

86、d that a material misstatement ofthe Subject Matter Information is likely to arise.We set certain quantitative thresholds for materiality.These,together with qualitative considerations,helped us to determine the nature,timing and extent of our procedures in support of our conclusion.We believe that

87、it is important that the intended users have the information they need to understand the concept and the level ofmateriality to place our conclusion in context.Based on our professional judgement,we determined materiality for the Subject Matter Information as follows:We also agreed to report to the

88、Directors misstatements(“reportable misstatements”)identified during our work at a level below overall materiality,as well as misstatements below that lower level that in our view warranted reporting for qualitative reasons.The Directors are responsible for deciding whether adjustments should be mad

89、e to the Subject Matter Information inrespect of those items.Materiality may differ depending upon the nature of the Subject Matter Information.We apply professional judgement to consider the most appropriate materiality benchmark for each aspect of the Subject Matter Information,having considered h

90、ow the intended users may use the information.For each metric,materiality has been set at 5%of the total reported figure.This threshold means that a misstatement of 5%in the reported figure,of either an individual misstatement,or as anaggregate of smaller misstatements,would lead us to conclude that

91、 the Subject Matter Information had not been prepared in all material respects in accordance with the Reporting Criteria.When the metric is a percentage,any misstatement in eitherthe numerator or denominator has been considered simultaneously in order to identify if the movement in the reported figu

92、re is larger than 5%.Overall materialityAssurance Statements continued Drax Group plc ESG Performance Report 2024 13Areas of Assurance FocusThe Areas of Assurance Focus are those areas of our work that,inour professional judgement,require additional procedures.Inthe case of limited assurance,that me

93、ans our procedures may be towards the upper end of those that might be expected for limited assurance.These areas were identified as part of our risk assessment and result of the assurance procedures performed,and include those areas of significant risk,areas that involved significant judgement or o

94、ther areas where significant assurance effort was needed.This approach provides transparency about where we deemed it necessary to perform extra work.However,this does not imply for limited assurance the same level of assurance as would have been obtained under a reasonable assurance engagement.We c

95、onsidered the following areas to be Areas of Assurance Focus and discussed these with Draxs management.Independent Assurance Statements continuedScope 2 Purchased ElectricityNature of the issueDrax is both a generator and a consumer of electricity it produces.Whilst some of its electricity is consum

96、ed instantly and never leaves the boundary of Drax Power Station,the majority is first exported to the national grid and then imported back by purchasing the electricity from another group entity.As reporting of emissions within either Scope 1 or Scope 2 depends on electricity leaving the organisati

97、onal boundary,inclusion of emissions for consumption of energy in Scope 2 could result in double counting of emissions included from the generation of electricity in Scope 1.In addition,a risk of double counting of Renewable Energy Guarantees of Origin(REGOs)arises,where REGOs have been generated fo

98、r use against Draxs own electricity purchases and their supplies to the wider market.How our work addressed the areas of assurance focus Obtained an understanding of the reporting boundaries and the accounting methods and evaluated the appropriateness of the reporting criteria.Considered GHG Protoco

99、l Scope 2 guidance.As part of our testing,we have considered the appropriateness of treatment of internally generated REGOs and that they have been removed from Scope 2 Location-Based reporting inthe current period when comparing to historical reported Scope 2 figures.Element(s)of the Subject Matter

100、 Information most significantly impactedGroup total Scope 2(location based)greenhouse gas emissions to 31 December 2024.Scope 3 supply chainNature of the issueA significant proportion of Drax Scope 3 emissions comes from the Biomass Pellets supply chain.Drax uses actual data from a number of upstrea

101、m suppliers,to calculate greenhouse gas emissions associated with the biomass supply chain.The calculation of the emissions is calculated using Draxs bespoke“Biomass Carbon Calculator”.This calculation is complex and incorporates a high number of varied inputs and emission factors from across the su

102、pply chain.How our work addressed the areas of assurance focusThe engagement team has validated the appropriateness of the Scope 3 boundary against GHG protocol Scope 3 guidance.To consider the appropriateness of the calculation used to calculate the“emissions from the Biomass Pellets”the engagement

103、 team has:Obtained an understanding of each step of the calculation through discussions with management.Agreed applied emission factors to recognised third party sources.For a selected number of pellet supplier calculations,traced Drax inputs into the calculator to third party SBP Audit Report(SAR).

104、For a selected number of pellet supplier calculations,performed an end-to-end check of the calculations within the Draxs Biomass Carbon Calculator,inspecting the arithmetical accuracy of the calculations as well as validating the calculation methodology against the Reporting Criteria.Element(s)of th

105、e Subject Matter Information most significantly impactedGroup total Scope 3 greenhouse gas emissions to 31 December 2024.Assurance Statements continued Drax Group plc ESG Performance Report 2024 14Independent Assurance StatementsChallenges of non-financial informationThe absence of a significant bod

106、y of established practice upon which to draw to evaluate and measure non-financial information allows for different,but acceptable,evaluation and measurement techniques that can affect comparability between entities,and over time.Non-financial information is subject to more inherent limitations than

107、 financial information,given the characteristics of the underlying subject matter and the methods used for measuring orevaluating it.The precision of different measurement techniques may also vary.In particular:The number of recorded incidents that are included within both“Total recordable incident

108、rate”and“Near miss hazard identification rate”are reliant on employees and contractors reporting incidents in line with documented policy when they have been subject to an incident,near miss or hazard;The total number of hours worked by Drax employees and contractors,which is part of the denominator

109、 in both the“Totalrecordable incident rate”and“Near miss hazard identification rate”is reliant on employees recording their absences within Draxs workforce management system and contractors recording the number of hours they spent providing their services to Drax;and The emission factor of 0 gCO2e/M

110、Wh used in the calculation oflocation and market based emissions is based on Draxs commitment to retain and retire enough REGO certificates tocover all of the energy it has applied this emissions factor toin its reporting.Reporting on Other InformationThe other information comprises all of the infor

111、mation in the Report other than the Subject Matter Information and our assurance report.The Directors are responsible for the other information.As explained above,our conclusion does not extend to the other information and,accordingly,we do not express any form of assurance thereon.In connection wit

112、h our assurance of the Subject Matter Information,our responsibility is to read the other information.In doing so,we consider whether the other information is materially inconsistent with the Subject Matter Information or our knowledge obtained during the assurance engagement,or otherwise appears to

113、 contain a material misstatement of fact.If we identify an apparent material inconsistency or material misstatement of fact,we are required toperform procedures to conclude whether there is a material misstatement of the Subject Matter Information or a material misstatement of the other information,

114、and to take appropriate actions in the circumstances.Contractor hoursNature of the issueContractor hours is an input into total hours which is used in the denominator of both“Total Recordable Incident Rate”(TRIR)and“Near Miss and Hazard Incident Rate”(NMHIR)metrics.Thetotal contractor hours figure i

115、s calculated from 8 different Business Units,each of which has adifferent individual who is responsible for the contractor hours.Each Business Unit has different sites,and a number of the sites also calculate or collate evidence of contractor hours in a different manner(e.g.sign in sheets,clock in c

116、lock out systems,internal diaries or external confirmations).How our work addressed the areas of assurance focus Obtained an understanding of the data collection and reporting processes used across each Business Unit;Performed a reconciliation of each Business Units total contractor hours to support

117、ing listings;and Sample tested hours from the two largest Business Units(Capital Projects and DPS),by the number of contractor hours,back to supporting documentation.Element(s)of the Subject Matter Information most significantly impacted Total Recordable Incident Rate for year ended 31 December 2024

118、.Near Miss and Hazard Identification Rate for year ended 31 December 2024.Assurance Statements continued Drax Group plc ESG Performance Report 2024 15Responsibilities of the DirectorsAs explained in the Directors Statement on page 10 of the Report,the Directors of Drax are responsible for:determinin

119、g appropriate reporting topics and selecting or establishing suitable criteria for measuring or evaluating the underlying subject matter;ensuring that those criteria are relevant and appropriate to Draxand the intended users of the Report;the preparation of the Subject Matter Information in accordan

120、ce with the Reporting Criteria including designing,implementing and maintaining systems,processes and internal controls over the evaluation or measurement of the underlying subject matter to result in Subject Matter Information that is free from material misstatement,whether due to fraud or error;do

121、cumenting and retaining underlying data and records to support the Subject Matter Information;producing the Report that provides a balanced reflection of Draxs performance in this area and discloses,with supporting rationale,matters relevant to the intended users of the Report;and producing a statem

122、ent of Directors responsibility.Our responsibilitiesWe are responsible for:planning and performing the engagement to obtain limited assurance about whether the Subject Matter Information is freefrom material misstatement,whether due to fraud or error;forming an independent conclusion,based on the pr

123、ocedures we have performed and the evidence we have obtained;and reporting our conclusion to the Directors of Drax.Use of our reportOur report,including our conclusion,has been prepared solely for the Directors of Drax in accordance with the agreement between us dated 19 December 2024(the“agreement”

124、).To the fullest extent permitted by law,we do not accept or assume responsibility or liability to anyone other than the Board of Directors and Drax for our work or our report except where terms are expressly agreed between us in writing.PricewaterhouseCoopers LLP Chartered Accountants Leeds 26 Febr

125、uary 2025Independent Assurance Statements continuedAssurance Statements continued Drax Group plc ESG Performance Report 2024 16Independent Assurance StatementsSummary Assurance Statement from Bureau Veritas UK LtdBureau Veritas UK Ltd has provided independent assurance toDrax Group Plc over the foll

126、owing for the period 1 January 31December 2024:Total volume of fibre(material consumed at Drax Power Station)(t);Proportion of woody biomass consumed at Drax power Station with a SBP Compliance claim(%);Average biomass supply chain GHG emissions(kgCO2e/MWh).The assurance process was conducted in acc

127、ordance with International Standard on Assurance Engagements(ISAE)3000 Revised,Assurance Engagements Other than Audits or Reviews ofHistorical Financial Information(effective for assurance reports dated on or after December 15,2015),issued by the International Auditing and Assurance Standards Board.

128、Bureau Veritas full assurance statement includes certain limitations,exclusions,and a detailed assurance methodology andscope of work.The full assurance statement with Bureau Veritas independent opinion can be found at Veritas UK LtdRegistered in England&Wales,Company Number:1758622Registered Office:Suite 206 Fort Dunlop,Fort Parkway,Birmingham,B24 9FDLondon,25 February 2025Assurance Statements continued Drax Group plc ESG Performance Report 2024 17