In 2024, Cognex 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, Cognex has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 |
|---|---|
Total Scope 1 | 2,021a |
Total Scope 2 | |
Market-Based | 5,720a |
Location-Based | 5,418a |
Total Scope 3 | 97,473a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.2099a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Cognex amounted to 7,439 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
In 2024, the total Scope 1 emissions of Cognex were 2,021 metric tons of CO₂ equivalent (tCO₂e).a
In 2024, Cognex reported Scope 2 greenhouse gas (GHG) emissions of 5,720 tCO₂e using the market-based method and 5,418 tCO₂e using the location-based method.a
In 2024, Cognex reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Cognex reported 97,473 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 Cognex includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in , demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Cognex reported total Scope 3 emissions of 97,473 metric tons of CO₂ equivalent (tCO₂e).a
In 2024, Cognex reported Scope 1 greenhouse gas (GHG) emissions of 2,021 tCO₂e and total revenues of USD 915 millions. This translates into an emissions intensity of 2.21 tCO₂e per millions USD.a
In 2024, Cognex reported a Scope 1 emissions intensity of 2.21 tCO₂e per millions USD. Compared to the peer group median of 2.19, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Cognex ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Cognex is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Cognex reported a total carbon footprint of 104,912 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions.a
The largest contributor to Cognex's total carbon footprint was Scope 3 emissions, accounting for 92.91% of the company's total carbon footprint, followed by Scope 2 emissions at 5.16%.a