In 2024, ALM. Brand A/S 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).
ALM. Brand A/S 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 599a | 1,773b | 1,907b | |
Total Scope 2 | ||||
Market-Based | 1,591a | 1,683b | 1,716b | |
Location-Based | 255a | 471b | 672b | |
Total Scope 3 | 258,504a | 61,661b | 115,424b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.3039a | 0.8184b | 1.252b |
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In 2024, the total operational greenhouse gas (GHG) emissions of ALM. Brand A/S amounted to 854 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 ALM. Brand A/S decreased by 61.94%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of ALM. Brand A/S were 599 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), ALM. Brand A/S's Scope 1 emissions decreased by 66.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, ALM. Brand A/S reported Scope 2 greenhouse gas (GHG) emissions of 1,591 tCO₂e using the market-based method and 255 tCO₂e using the location-based method.a
Compared to the previous year (2023), ALM. Brand A/S's Scope 2 emissions (Location-Based) fell by 45.86% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, ALM. Brand A/S reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, ALM. Brand A/S reported 258,504 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 ALM. Brand A/S includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, ALM. Brand A/S reported total Scope 3 emissions of 258,504 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 14.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.38% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, ALM. Brand A/S's Scope 3 emissions have increased by 2,341.25%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), ALM. Brand A/S's Scope 3 emissions increased by 319.23%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, ALM. Brand A/S reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to ALM. Brand A/S's Scope 3 emissions were:a
In 2024, ALM. Brand A/S reported Scope 1 greenhouse gas (GHG) emissions of 599 tCO₂e and total revenues of USD 1,971 millions. This translates into an emissions intensity of 0.3 tCO₂e per millions USD.a
In 2024, ALM. Brand A/S reported a Scope 1 emissions intensity of 0.3 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, ALM. Brand A/S ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
ALM. Brand A/S is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, ALM. Brand A/S reported a total carbon footprint of 259,358 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 305.85% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to ALM. Brand A/S's total carbon footprint was Scope 3 emissions, accounting for 99.67% of the company's total carbon footprint, followed by Scope 1 emissions at 0.23%.a