CMB.TECH NV
CMB.TECH's GHG Emissions Data Preview
In 2023, CMB.TECH 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).
CMB.TECH has also provided a category-level breakdown for 3 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 | ||||
Unspecified Calculation Method | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 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 |
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Verified Sources Behind CMB.TECH’s Greenhouse Gas (GHG) Emissions Data
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Insights into CMB.TECH's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of CMB.TECH amounted to 2,226,971 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 CMB.TECH increased by 3.29%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
CMB.TECH's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are CMB.TECH's Scope 1 emissions?
In 2023, the total Scope 1 emissions of CMB.TECH were 2,226,796 metric tons of CO₂ equivalent (tCO₂e). a
Has CMB.TECH reduced its Scope 1 emissions over time?
Since 2019, CMB.TECH's Scope 1 emissions have decreased by 28.85%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), CMB.TECH's Scope 1 emissions increased by 3.28%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are CMB.TECH's Scope 2 emissions?
In 2023, CMB.TECH reported Scope 2 greenhouse gas (GHG) emissions of 175 tCO₂e without specifying the calculation method. a
Has CMB.TECH reduced its Scope 2 emissions over time?
Since 2019, CMB.TECH's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 29.44%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), CMB.TECH's Scope 2 emissions (Unspecified Calculation Method) rose by 11.46% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does CMB.TECH use for Scope 2 reporting?
In 2023, CMB.TECH reported its Scope 2 emissions using an unspecified methodology. a
CMB.TECH's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into CMB.TECH's Value Chain Emissions
In 2023, CMB.TECH reported 789,791 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 CMB.TECH includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
CMB.TECH's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are CMB.TECH's Scope 3 emissions?
In 2023, CMB.TECH reported total Scope 3 emissions of 789,791 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 65.89% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.11% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has CMB.TECH reduced its Scope 3 emissions over time?
Since 2019, CMB.TECH's Scope 3 emissions have increased by 26.25%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), CMB.TECH's Scope 3 emissions increased by 20.9%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does CMB.TECH disclose?
In 2023, CMB.TECH reported emissions for 3 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.
What are the main sources of CMB.TECH's Scope 3 emissions?
In 2023, the largest contributors to CMB.TECH's Scope 3 emissions were: a
- Fuel- and Energy-Related Services (Cat. 3): 507,663 tCO₂e (64.28%)
- Downstream Leased Assets (Cat. 13): 269,371 tCO₂e (34.11%)
- Business Travel (Cat. 6): 12,757 tCO₂e (1.62%)
CMB.TECH's Scope 3 Emissions by Categories
Insights into CMB.TECH’s GHG Emissions Intensity Compared to Industry Peers
In 2023, CMB.TECH reported Scope 1 greenhouse gas (GHG) emissions of 2,226,796 tCO₂e and total revenues of USD 1,235 millions. This translates into an emissions intensity of 1,802.89 tCO₂e per millions USD. a
CMB.TECH's Scope 1 Emissions Intensity Compared to Peers
How does CMB.TECH's GHG emissions intensity compare to its peers?
In 2023, CMB.TECH reported a Scope 1 emissions intensity of 1,802.89 tCO₂e per millions USD. Compared to the peer group median of 495.87, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does CMB.TECH rank on GHG emissions intensity within its industry?
In 2023, CMB.TECH ranked 19 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places CMB.TECH among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into CMB.TECH's Total Carbon Footprint
In 2023, CMB.TECH reported a total carbon footprint of 3,016,762 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.38% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to CMB.TECH's total carbon footprint was Scope 1 emissions, accounting for 73.81% of the company's total carbon footprint, followed by Scope 3 emissions at 26.18%. a