In 2024, Chroma ATE 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).
Chroma ATE has also provided a category-level breakdown for 2 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 | 492.842a | 465.345a | 398.703a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 7,993.15a | 8,310.006a | 8,607.333a | |
Total Scope 3 | 176.325a | 93.368b | 1,692.778c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.7473a | N/A | 0.5552a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Chroma ATE amounted to 8,485.992 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 Chroma ATE decreased by 3.3%, 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 Chroma ATE were 492.842 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Chroma ATE's Scope 1 emissions have decreased by 95.73%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Chroma ATE's Scope 1 emissions increased by 5.91%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Chroma ATE reported Scope 2 greenhouse gas (GHG) emissions of 7,993.15 tCO₂e without specifying the calculation method.a
Since 2021, Chroma ATE's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Chroma ATE's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Chroma ATE's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Chroma ATE's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Chroma ATE reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Chroma ATE reported 176.325 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 Chroma ATE includes a breakdown across 2 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, Chroma ATE reported total Scope 3 emissions of 176.325 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Chroma ATE's Scope 3 emissions increased by 88.85%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Chroma ATE reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Chroma ATE's Scope 3 emissions were:a
In 2024, Chroma ATE reported Scope 1 greenhouse gas (GHG) emissions of 492.842 tCO₂e and total revenues of USD 659 millions. This translates into an emissions intensity of 0.75 tCO₂e per millions USD.a
In 2024, Chroma ATE reported a Scope 1 emissions intensity of 0.75 tCO₂e per millions USD. Compared to the peer group median of 1.96, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Chroma ATE ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Chroma ATE among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Chroma ATE reported a total carbon footprint of 8,662.317 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.33% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Chroma ATE's total carbon footprint was Scope 2 emissions, accounting for 92.27% of the company's total carbon footprint, followed by Scope 1 emissions at 5.69%.a