Coats Group PLC
Coats Group's GHG Emissions Data Preview
In 2023, Coats Group 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, Coats Group 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.  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.  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 |
Verified Sources Behind Coats Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into Coats Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Coats Group amounted to 223,900 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 Coats Group decreased by 14.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Coats Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Coats Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Coats Group were 51,700 metric tons of CO₂ equivalent (tCO₂e). a
Has Coats Group reduced its Scope 1 emissions over time?
Since 2019, Coats Group's Scope 1 emissions have decreased by 29.66%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Coats Group's Scope 1 emissions decreased by 13.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Coats Group's Scope 2 emissions?
In 2023, Coats Group reported Scope 2 greenhouse gas (GHG) emissions of 59,400 tCO₂e using the market-based method and 172,200 tCO₂e using the location-based method. a
Has Coats Group reduced its Scope 2 emissions over time?
Since 2019, Coats Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 25.97%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Coats Group's Scope 2 emissions (Location-Based) fell by 14.71% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Coats Group use for Scope 2 reporting?
In 2023, Coats Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
Coats Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Coats Group's Value Chain Emissions
In 2023, Coats Group reported 882,800 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 Coats Group 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
Coats Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Coats Group's Scope 3 emissions?
In 2023, Coats Group reported total Scope 3 emissions of 882,800 metric tons of CO₂ equivalent (tCO₂e). a
Has Coats Group reduced its Scope 3 emissions over time?
Since 2019, Coats Group's Scope 3 emissions have decreased by 16.78%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Coats Group's Scope 3 emissions decreased by 11.65%, highlighting the company's efforts to lower indirect emissions from its value chain. a
Insights into Coats Group’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Coats Group reported Scope 1 greenhouse gas (GHG) emissions of 51,700 tCO₂e and total revenues of USD 1,028 millions. This translates into an emissions intensity of 50.28 tCO₂e per millions USD. a
Coats Group's Scope 1 Emissions Intensity Compared to Peers
How does Coats Group's GHG emissions intensity compare to its peers?
In 2023, Coats Group reported a Scope 1 emissions intensity of 50.28 tCO₂e per millions USD. Compared to the peer group median of 3.36 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Coats Group rank on GHG emissions intensity within its industry?
In 2023, Coats Group ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Coats Group among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Coats Group's Total Carbon Footprint
In 2023, Coats Group reported a total carbon footprint of 1,106,700 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.22% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Coats Group's total carbon footprint was Scope 3 emissions, accounting for 79.77% of the company's total carbon footprint, followed by Scope 2 emissions at 15.56%. a