Carel Industries SpA
Carel Industries's GHG Emissions Data Preview
In 2023, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
a
a
a
a
a
a
a
a
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 2023, the total operational greenhouse gas (GHG) emissions of Carel Industries amounted to 8,580.89 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 2022, the total operational greenhouse gas (GHG) emissions of Carel Industries increased by 32.93%, suggesting that the company faced challenges in reducing its emissions from its core 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 2023, the total Scope 1 emissions of Carel Industries were 2,292.72 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 26.63%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Carel Industries's Scope 1 emissions increased by 37.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Carel Industries's Scope 2 emissions?
In 2023, Carel Industries reported Scope 2 greenhouse gas (GHG) emissions of 1,872.63 tCO₂e using the market-based method and 6,288.17 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 40.62%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Carel Industries's Scope 2 emissions (Location-Based) rose by 31.27% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Carel Industries use for Scope 2 reporting?
In 2023, 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 2023, Carel Industries reported 7,552,021.38 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 2023 disclosure of Carel Industries includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain 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 2023, Carel Industries reported total Scope 3 emissions of 7,552,021.38 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 1.9% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.1% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does Carel Industries disclose?
In 2023, Carel Industries reported emissions for 9 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.
What are the main sources of Carel Industries's Scope 3 emissions?
In 2023, the largest contributors to Carel Industries's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 7,408,237.41 tCO₂e (98.1%)
- Purchased Goods and Services (Cat. 1): 126,430.17 tCO₂e (1.67%)
- Downstream Transportation and Distribution (Cat. 9): 7,604.44 tCO₂e (0.1%)
Carel Industries's Scope 3 Emissions by Categories
Insights into Carel Industries’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Carel Industries reported Scope 1 greenhouse gas (GHG) emissions of 2,292.72 tCO₂e and total revenues of USD 725 millions. This translates into an emissions intensity of 3.16 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 2023, Carel Industries reported a Scope 1 emissions intensity of 3.16 tCO₂e per millions USD. Compared to the peer group median of 4.33 , 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 2023, Carel Industries ranked 11 out of 23 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 2023, Carel Industries reported a total carbon footprint of 7,560,602.27 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 117,020.59% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Carel Industries's total carbon footprint was Scope 3 emissions, accounting for 99.89% of the company's total carbon footprint, followed by Scope 2 emissions at 0.08%. a