In 2024, BayWa 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).
BayWa has also provided a category-level breakdown for 6 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 | 113,978a | 112,578b | 113,591b | |
Total Scope 2 | ||||
Market-Based | 2,841a | 1,446b | 1,333b | |
Location-Based | 51,131a | 46,208b | 76,354b | |
Total Scope 3 | 44,761,600a | 36,438,523b | 38,358,420b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.0716a | 4.1764b | 3.8673b |
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In 2024, the total operational greenhouse gas (GHG) emissions of BayWa amounted to 165,109 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 BayWa increased by 3.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of BayWa were 113,978 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, BayWa's Scope 1 emissions have decreased by 11.06%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), BayWa's Scope 1 emissions increased by 1.24%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, BayWa reported Scope 2 greenhouse gas (GHG) emissions of 2,841 tCO₂e using the market-based method and 51,131 tCO₂e using the location-based method.a
Since 2019, BayWa's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 49.29%, reflecting a declining long-term trend in Scope 2 emissions over time.ad
Compared to the previous year (2023), BayWa's Scope 2 emissions (Location-Based) rose by 10.65% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, BayWa reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, BayWa reported 44,761,600 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 BayWa includes a breakdown across 6 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, BayWa reported total Scope 3 emissions of 44,761,600 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 67.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 32.86% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, BayWa's Scope 3 emissions have increased by 384.12%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), BayWa's Scope 3 emissions increased by 22.84%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, BayWa reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to BayWa's Scope 3 emissions were:a
In 2024, BayWa reported Scope 1 greenhouse gas (GHG) emissions of 113,978 tCO₂e and total revenues of USD 22,474 millions. This translates into an emissions intensity of 5.07 tCO₂e per millions USD.a
In 2024, BayWa reported a Scope 1 emissions intensity of 5.07 tCO₂e per millions USD. Compared to the peer group median of 32.76, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, BayWa ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places BayWa among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, BayWa reported a total carbon footprint of 44,926,709 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.76% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to BayWa's total carbon footprint was Scope 3 emissions, accounting for 99.63% of the company's total carbon footprint, followed by Scope 1 emissions at 0.25%.a