Carel Industries SpA

Common Name
Carel Industries
Country
Italy
Sector
Technology
Industry
Electronic Components
Employees
2,228
Ticker
CRL
Exchange
EURONEXT MILAN
Description
Carel Industries S.p.A. is a leading manufacturer specializing in advanced control solutions for air conditioning, refrigeration, and heating, as well as systems for humidification and evaporative coo...

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

Carel Industries's Scope 1 Emissions Over Time

20212022202306001.2 k1.8 k2.4 ktCO2e-8%+38%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Carel Industries's Scope 2 emissions?

In 2023, Carel Industries reported Scope 2 greenhouse gas (GHG) emissions of 1,872.63 tCOâ‚‚e using the market-based method, and 6,288.17 tCOâ‚‚e using the location-based method.

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.

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

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.

Carel Industries's Scope 2 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e
  • 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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

Carel Industries's Scope 3 Emissions Over Time

202302 M4 M6 M8 MtCO2e
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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:

  • Use of Sold Products (Cat. 11): 7,408,237.41 tCOâ‚‚e (98.1%)
  • Purchased Goods and Services (Cat. 1): 126,430.17 tCOâ‚‚e (1.67%)
  • Downstream Transportation and Distribution (Cat. 9): 7,604.44 tCOâ‚‚e (0.1%)

Carel Industries's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(1.7%)Use of Sold Products(Cat. 11)(98.1%)

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.