In 2024, Advantech completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Advantech has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Advantech amounted to 28,569.508 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Advantech decreased by 9.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Advantech were 3,565.04 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Advantech's Scope 1 emissions have increased by 65.25%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Advantech's Scope 1 emissions increased by 10.43%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Advantech reported Scope 2 greenhouse gas (GHG) emissions of 22,726.644 tCO₂e using the market-based method and 25,004.469 tCO₂e using the location-based method. a
Compared to the previous year (2023), Advantech's Scope 2 emissions (Location-Based) fell by 11.46% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2024, Advantech reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Advantech reported 758,269.572 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Advantech includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, Advantech reported total Scope 3 emissions of 758,269.572 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Advantech's Scope 3 emissions decreased by 22.34%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2024, Advantech reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Advantech's Scope 3 emissions were: a
In 2024, Advantech reported Scope 1 greenhouse gas (GHG) emissions of 3,565.04 tCO₂e and total revenues of USD 1,825 millions. This translates into an emissions intensity of 1.95 tCO₂e per millions USD. a
In 2024, Advantech reported a Scope 1 emissions intensity of 1.95 tCO₂e per millions USD. Compared to the peer group median of 0.56 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Advantech ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Advantech among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Advantech reported a total carbon footprint of 786,839.081 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.93% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Advantech's total carbon footprint was Scope 3 emissions, accounting for 96.37% of the company's total carbon footprint, followed by Scope 2 emissions at 3.18%. a