In 2024, CAP 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).
CAP has also provided a category-level breakdown for 13 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 | 1,130,455a | 1,829,458a | 1,894,456a | |
Total Scope 2 | ||||
Market-Based | 533,024a | 484,256a | 618,253a | |
Location-Based | 199,923a | 277,783a | 349,998a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 24,527,115a | 27,257,372a | 25,011,287a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 627.554a | 617.0389a | 630.215a |
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In 2024, the total operational greenhouse gas (GHG) emissions of CAP amounted to 1,330,378 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 CAP decreased by 36.87%, 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 CAP were 1,130,455 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, CAP's Scope 1 emissions have decreased by 21.05%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), CAP's Scope 1 emissions decreased by 38.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, CAP reported Scope 2 greenhouse gas (GHG) emissions of 533,024 tCO₂e using the market-based method and 199,923 tCO₂e using the location-based method.a
Compared to the previous year (2023), CAP's Scope 2 emissions (Location-Based) fell by 28.03% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, CAP reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, CAP reported 24,527,115 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 CAP includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, CAP reported total Scope 3 emissions of 24,527,115 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 22.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 77.98% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, CAP's Scope 3 emissions have increased by 4,304.54%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), CAP's Scope 3 emissions decreased by 10.02%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, CAP reported emissions for 13 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 CAP's Scope 3 emissions were:a
In 2024, CAP reported Scope 1 greenhouse gas (GHG) emissions of 1,130,455 tCO₂e and total revenues of USD 1,801 millions. This translates into an emissions intensity of 627.55 tCO₂e per millions USD.a
In 2024, CAP reported a Scope 1 emissions intensity of 627.55 tCO₂e per millions USD. Compared to the peer group median of 104.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, CAP ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
CAP is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, CAP reported a total carbon footprint of 25,857,493 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.94% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to CAP's total carbon footprint was Scope 3 emissions, accounting for 94.85% of the company's total carbon footprint, followed by Scope 1 emissions at 4.37%.a