In 2023, CMC Magnetics 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).
However, CMC Magnetics has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of CMC Magnetics amounted to 81,221.364 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 CMC Magnetics decreased by 26.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of CMC Magnetics were 103.005 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), CMC Magnetics's Scope 1 emissions decreased by 3.79%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, CMC Magnetics reported Scope 2 greenhouse gas (GHG) emissions of 81,118.359 tCO₂e without specifying the calculation method. a
Since 2020, CMC Magnetics's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 41.26%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), CMC Magnetics's Scope 2 emissions (Unspecified Calculation Method) fell by 26.32% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, CMC Magnetics reported its Scope 2 emissions using an unspecified methodology. a
In 2023, CMC Magnetics reported 110.773 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 CMC Magnetics includes a breakdown across 0 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
In 2023, CMC Magnetics reported total Scope 3 emissions of 110.773 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), CMC Magnetics's Scope 3 emissions decreased by 23.85%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, CMC Magnetics reported Scope 1 greenhouse gas (GHG) emissions of 103.005 tCO₂e and total revenues of USD 241 millions. This translates into an emissions intensity of 0.43 tCO₂e per millions USD. a
In 2023, CMC Magnetics reported a Scope 1 emissions intensity of 0.43 tCO₂e per millions USD. Compared to the peer group median of 0.65 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, CMC Magnetics ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
CMC Magnetics is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, CMC Magnetics reported a total carbon footprint of 81,332.138 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.3% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to CMC Magnetics's total carbon footprint was Scope 2 emissions, accounting for 99.74% of the company's total carbon footprint, followed by Scope 3 emissions at 0.14%. a