Air Products and Chemicals Inc

Common Name
Air Products and Chemicals
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
21,850
Ticker
APD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Air Products and Chemicals Inc. is a prominent player in the industrial gases sector, providing essential products that serve a myriad of industries worldwide. This global entity specializes in offeri...

Air Products and Chemicals's GHG Emissions Data Preview

In 2023, Air Products and Chemicals 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).

Air Products and Chemicals has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Air Products and Chemicals's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Air Products and Chemicals amounted to 27,100,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Air Products and Chemicals increased by 1.88%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Air Products and Chemicals's Scope 1 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e+1%+3%-6%-1%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Air Products and Chemicals's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Air Products and Chemicals were 16,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Air Products and Chemicals reduced its Scope 1 emissions over time?

Since 2018, Air Products and Chemicals's Scope 1 emissions have remained relatively, stable, indicating that Air Products and Chemicals's emissions have plateaued with no significant change in its operational footprint.

Compared to the previous year (2022), Air Products and Chemicals's Scope 1 emissions increased by 3.14%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Air Products and Chemicals's Scope 2 emissions?

In 2023, Air Products and Chemicals reported Scope 2 greenhouse gas (GHG) emissions of 10,700,000 tCOâ‚‚e using the location-based method.

Has Air Products and Chemicals reduced its Scope 2 emissions over time?

Since 2018, Air Products and Chemicals's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 11.46%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Air Products and Chemicals's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Air Products and Chemicals 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Air Products and Chemicals use for Scope 2 reporting?

In 2023, Air Products and Chemicals reported its Scope 2 emissions using the location-based method.

Air Products and Chemicals's Scope 2 Emissions Over Time

20182019202020212022202303 M6 M9 M12 MtCO2e
  • Total Scope 2 Location-Based

Insights into Air Products and Chemicals's Value Chain Emissions

In 2023, Air Products and Chemicals reported 8,300,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Air Products and Chemicals includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Air Products and Chemicals's Scope 3 Emissions Over Time

2018202020212022202302.5 M5 M7.5 M10 MtCO2e+42%+16%-6%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Air Products and Chemicals's Scope 3 emissions?

In 2023, Air Products and Chemicals reported total Scope 3 emissions of 8,300,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 46.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.66% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Air Products and Chemicals reduced its Scope 3 emissions over time?

Since 2018, Air Products and Chemicals's Scope 3 emissions have increased by 59.62%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Air Products and Chemicals's Scope 3 emissions remained relatively stable, indicating that Air Products and Chemicals 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Air Products and Chemicals disclose?

In 2023, Air Products and Chemicals reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Air Products and Chemicals's Scope 3 emissions?

In 2023, the largest contributors to Air Products and Chemicals's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 3,800,000 tCOâ‚‚e (46.34%)
  • Use of Sold Products (Cat. 11): 2,500,000 tCOâ‚‚e (30.49%)
  • Investments (Cat. 15): 1,900,000 tCOâ‚‚e (23.17%)

Air Products and Chemicals's Scope 3 Emissions by Categories

Investments(Cat. 15)(23.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(46.3%)Use of Sold Products(Cat. 11)(30.5%)

Insights into Air Products and Chemicals's Total Carbon Footprint

In 2023, Air Products and Chemicals reported a total carbon footprint of 35,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.02% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Air Products and Chemicals's total carbon footprint was Scope 1 emissions, accounting for 46.33% of the company's total carbon footprint, followed by Scope 2 emissions at 30.23%.