Believe SA
Believe's GHG Emissions Data Preview
In 2024, Believe 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).
Believe has also provided a category-level breakdown for 4 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 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature. | 0000000 |
b
b
b
bVerified Sources Behind Believe’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Believe’s data sources below and access millions more through our Disclosure Search.
Insights into Believe's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Believe amounted to 1,257.6 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 Believe decreased by 17.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Believe's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Believe's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Believe were 188.6 metric tons of CO₂ equivalent (tCO₂e).a
Has Believe reduced its Scope 1 emissions over time?
Since 2022, Believe's Scope 1 emissions have decreased by 38.41%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Believe's Scope 1 emissions increased by 47.81%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Believe's Scope 2 emissions?
In 2024, Believe reported Scope 2 greenhouse gas (GHG) emissions of 690.4 tCO₂e using the market-based method and 1,069 tCO₂e using the location-based method.a
What methodology does Believe use for Scope 2 reporting?
In 2024, Believe reported its Scope 2 emissions using the market-based method and using the location-based method.a
Believe's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Believe's Value Chain Emissions
In 2024, Believe reported 23,027 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 Believe includes a breakdown across 4 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
Believe's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Believe's Scope 3 emissions?
In 2024, Believe reported total Scope 3 emissions of 23,027 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Believe reduced its Scope 3 emissions over time?
Since 2022, Believe's Scope 3 emissions have increased by 9,677.92%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Believe's Scope 3 emissions decreased by 63.22%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does Believe disclose?
In 2024, Believe reported emissions for 4 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.
What are the main sources of Believe's Scope 3 emissions?
In 2024, the largest contributors to Believe's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 16,095 tCO₂e (69.9%)
- Upstream Transportation and Distribution (Cat. 4): 4,152 tCO₂e (18.03%)
- Employee Commuting (Cat. 7): 1,863 tCO₂e (8.09%)
Believe's Scope 3 Emissions by Categories
Insights into Believe’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Believe reported Scope 1 greenhouse gas (GHG) emissions of 188.6 tCO₂e and total revenues of USD 1,029 millions. This translates into an emissions intensity of 0.18 tCO₂e per millions USD.a
Believe's Scope 1 Emissions Intensity Compared to Peers
How does Believe's GHG emissions intensity compare to its peers?
In 2024, Believe reported a Scope 1 emissions intensity of 0.18 tCO₂e per millions USD. Compared to the peer group median of 1.59, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Believe rank on GHG emissions intensity within its industry?
In 2024, Believe ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Believe among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Believe's Total Carbon Footprint
In 2024, Believe reported a total carbon footprint of 24,284.6 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 62.13% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Believe's total carbon footprint was Scope 3 emissions, accounting for 94.82% of the company's total carbon footprint, followed by Scope 2 emissions at 4.4%.a