In 2024, Bodycote 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).
Bodycote has also provided a category-level breakdown for 11 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 | 118,000a | 134,300a | N/A | |
Total Scope 2 | ||||
Market-Based | 145,100a | 145,500a | N/A | |
Location-Based | 125,300a | 131,000a | N/A | |
Total Scope 3 | 169,174a | 177,980a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 124.1985a | 131.4214a | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Bodycote amounted to 243,300 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 Bodycote decreased by 8.29%, 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 Bodycote were 118,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Bodycote's Scope 1 emissions have decreased by 30.67%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Bodycote's Scope 1 emissions decreased by 12.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Bodycote reported Scope 2 greenhouse gas (GHG) emissions of 145,100 tCO₂e using the market-based method and 125,300 tCO₂e using the location-based method.a
Since 2019, Bodycote's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 32.78%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Bodycote's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Bodycote's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Bodycote reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Bodycote reported 169,174 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 Bodycote includes a breakdown across 11 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, Bodycote reported total Scope 3 emissions of 169,174 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.8% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Bodycote's Scope 3 emissions remained relatively stable, indicating that Bodycote's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Bodycote reported emissions for 11 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 Bodycote's Scope 3 emissions were:a
In 2024, Bodycote reported Scope 1 greenhouse gas (GHG) emissions of 118,000 tCO₂e and total revenues of USD 950 millions. This translates into an emissions intensity of 124.2 tCO₂e per millions USD.a
In 2024, Bodycote reported a Scope 1 emissions intensity of 124.2 tCO₂e per millions USD. Compared to the peer group median of 4.88, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Bodycote ranked 26 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Bodycote among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Bodycote reported a total carbon footprint of 412,474 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.95% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Bodycote's total carbon footprint was Scope 3 emissions, accounting for 41.01% of the company's total carbon footprint, followed by Scope 2 emissions at 30.38%.a