Carel Industries SpA
Carel Industries's GHG Emissions Data Preview
In 2024, Carel Industries 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).
Carel Industries has also provided a category-level breakdown for 10 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.  a | 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.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 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.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
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aVerified Sources Behind Carel Industries’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 Carel Industries’s data sources below and access millions more through our Disclosure Search.
Insights into Carel Industries's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Carel Industries amounted to 8,448.18 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 Carel Industries decreased by 1.55%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Carel Industries's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Carel Industries's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Carel Industries were 2,113.22 metric tons of CO₂ equivalent (tCO₂e).a
Has Carel Industries reduced its Scope 1 emissions over time?
Since 2021, Carel Industries's Scope 1 emissions have increased by 16.72%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Carel Industries's Scope 1 emissions decreased by 7.83%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Carel Industries's Scope 2 emissions?
In 2024, Carel Industries reported Scope 2 greenhouse gas (GHG) emissions of 1,047.95 tCO₂e using the market-based method and 6,334.96 tCO₂e using the location-based method.a
Has Carel Industries reduced its Scope 2 emissions over time?
Since 2021, Carel Industries's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 41.67%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Carel Industries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Carel Industries's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Carel Industries use for Scope 2 reporting?
In 2024, Carel Industries reported its Scope 2 emissions using the market-based method and using the location-based method.a
Carel Industries's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Carel Industries's Value Chain Emissions
In 2024, Carel Industries reported 6,266,064.18 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 Carel Industries includes a breakdown across 10 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
Carel Industries's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Carel Industries's Scope 3 emissions?
In 2024, Carel Industries reported total Scope 3 emissions of 6,266,064.18 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Carel Industries's Scope 3 emissions remained relatively stable, indicating that Carel Industries's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Carel Industries disclose?
In 2024, Carel Industries reported emissions for 10 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.
What are the main sources of Carel Industries's Scope 3 emissions?
In 2024, the largest contributors to Carel Industries's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 6,140,554.26 tCO₂e (98%)
- Purchased Goods and Services (Cat. 1): 106,299.21 tCO₂e (1.7%)
- Downstream Transportation and Distribution (Cat. 9): 5,901.75 tCO₂e (0.09%)
Carel Industries's Scope 3 Emissions by Categories
Insights into Carel Industries’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Carel Industries reported Scope 1 greenhouse gas (GHG) emissions of 2,113.22 tCO₂e and total revenues of USD 607 millions. This translates into an emissions intensity of 3.48 tCO₂e per millions USD.a
Carel Industries's Scope 1 Emissions Intensity Compared to Peers
How does Carel Industries's GHG emissions intensity compare to its peers?
In 2024, Carel Industries reported a Scope 1 emissions intensity of 3.48 tCO₂e per millions USD. Compared to the peer group median of 6.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Carel Industries rank on GHG emissions intensity within its industry?
In 2024, Carel Industries ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Carel Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Carel Industries's Total Carbon Footprint
In 2024, Carel Industries reported a total carbon footprint of 6,274,512.36 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.05% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Carel Industries's total carbon footprint was Scope 3 emissions, accounting for 99.87% of the company's total carbon footprint, followed by Scope 2 emissions at 0.1%.a