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Coherent Corp

Common Name
Coherent
Country
United States
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
30,216
Ticker
COHR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Coherent Corp. is a prominent player in the photonics and laser technology industry, specializing in the development and manufacturing of optical and laser-based products. Its primary function involve...

Coherent's GHG Emissions Data Preview

In 2024, Coherent 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).

Coherent has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Coherent’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Coherent’s data sources below and access millions more through our Disclosure Search.

a. Coherent's ESG Report 2024
a. Coherent's ESG Report 2024
b. Coherent's ESG Report 2022
b. Coherent's ESG Report 2022

Insights into Coherent's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCoherent amounted to353,640metric 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 Coherentincreased by 2.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Coherent's Scope 1 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e-2%+56%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Coherent's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Coherent were 49,811 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Coherent reduced its Scope 1 emissions over time?

Since 2021, Coherent's Scope 1 emissions have increased by 40.22%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Coherent's Scope 1 emissions decreased by 8.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Coherent's Scope 2 emissions?

In 2024, Coherent reported Scope 2 greenhouse gas (GHG) emissions of 69,681 tCOâ‚‚e using the market-based method and 303,829 tCOâ‚‚e using the location-based method.a

Has Coherent reduced its Scope 2 emissions over time?

Since 2021, Coherent's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 13.07%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Coherent's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Coherent's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Coherent use for Scope 2 reporting?

In 2024, Coherent reported its Scope 2 emissions using the market-based method and using the location-based method.a

Coherent's Scope 2 Emissions Over Time

2021202220232024080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Coherent's Value Chain Emissions

In 2024, Coherent reported 1,027,934 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Coherent includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Coherent's Scope 3 Emissions Over Time

202320240300 k600 k900 k1.2 MtCO2e+470%
  • Total Scope 3
  • Year-over-Year Change

What are Coherent's Scope 3 emissions?

In 2024, Coherent reported total Scope 3 emissions of 1,027,934 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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), Coherent's Scope 3 emissions increased by 469.57%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Coherent disclose?

In 2024, Coherent reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Coherent's Scope 3 emissions?

In 2024, the largest contributors to Coherent's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 679,274 tCOâ‚‚e(66.08%)
  • Upstream Transportation and Distribution (Cat. 4): 105,636 tCOâ‚‚e(10.28%)
  • Fuel- and Energy-Related Services (Cat. 3): 104,815 tCOâ‚‚e(10.2%)

Coherent's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(10.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(10.2%)Purchased Goods andServices (Cat. 1)(66.1%)

Insights into Coherent’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Coherent reported Scope 1 greenhouse gas (GHG) emissions of 49,811 tCOâ‚‚e and total revenues of USD 4,708 millions. This translates into an emissions intensity of 10.58 tCOâ‚‚e per millions USD.a

Coherent's Scope 1 Emissions Intensity Compared to Peers

205005,000100,0002,000,000Scope 1 Emissions (tCO2e)2001,0002,00010,00020,000Revenues (Millions of USD)CorningYear: 2024Scope 1: 662,190 tCO2eRevenue: $M 13,118Scope 1 Intensity: 50.48 tCO2e/$MBadger MeterYear: 2024Scope 1: 1,988 tCO2eRevenue: $M 827Scope 1 Intensity: 2.41 tCO2e/$MWestern DigitalYear: 2024Scope 1: 144,046 tCO2eRevenue: $M 13,003Scope 1 Intensity: 11.08 tCO2e/$MZoom CommunicationsYear: 2024Scope 1: 59 tCO2eRevenue: $M 4,683Scope 1 Intensity: 0.01 tCO2e/$MTyler TechnologiesYear: 2024Scope 1: 2,226 tCO2eRevenue: $M 2,138Scope 1 Intensity: 1.04 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MFortiveYear: 2024Scope 1: 13,769 tCO2eRevenue: $M 6,232Scope 1 Intensity: 2.21 tCO2e/$MGen DigitalYear: 2025Scope 1: 414 tCO2eRevenue: $M 3,935Scope 1 Intensity: 0.11 tCO2e/$MTrimbleYear: 2024Scope 1: 2,648 tCO2eRevenue: $M 3,683Scope 1 Intensity: 0.72 tCO2e/$MMKSYear: 2024Scope 1: 7,254 tCO2eRevenue: $M 3,586Scope 1 Intensity: 2.02 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MSensata Technologies HoldingYear: 2024Scope 1: 4,590 tCO2eRevenue: $M 3,933Scope 1 Intensity: 1.17 tCO2e/$MMotorola SolutionsYear: 2024Scope 1: 14,181 tCO2eRevenue: $M 10,817Scope 1 Intensity: 1.31 tCO2e/$MF5Year: 2024Scope 1: 872 tCO2eRevenue: $M 2,817Scope 1 Intensity: 0.31 tCO2e/$MTeledyne TechnologiesYear: 2024Scope 1: 58,970 tCO2eRevenue: $M 5,670Scope 1 Intensity: 10.40 tCO2e/$MVontierYear: 2024Scope 1: 10,931 tCO2eRevenue: $M 2,979Scope 1 Intensity: 3.67 tCO2e/$MESCO TechnologiesYear: 2024Scope 1: 5,996 tCO2eRevenue: $M 1,027Scope 1 Intensity: 5.84 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MKeysight TechnologiesYear: 2024Scope 1: 13,298 tCO2eRevenue: $M 4,979Scope 1 Intensity: 2.67 tCO2e/$MItronYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 2,441Scope 1 Intensity: 1.56 tCO2e/$MCognexYear: 2024Scope 1: 2,021 tCO2eRevenue: $M 915Scope 1 Intensity: 2.21 tCO2e/$MPTCYear: 2024Scope 1: 963 tCO2eRevenue: $M 2,298Scope 1 Intensity: 0.42 tCO2e/$MTwilioYear: 2024Scope 1: 709 tCO2eRevenue: $M 4,459Scope 1 Intensity: 0.16 tCO2e/$MNovantaYear: 2024Scope 1: 3,027 tCO2eRevenue: $M 949Scope 1 Intensity: 3.19 tCO2e/$MCoherentYear: 2024Scope 1: 49,811 tCO2eRevenue: $M 4,708Scope 1 Intensity: 10.58 tCO2e/$M

How does Coherent's GHG emissions intensity compare to its peers?

In 2024, Coherent reported a Scope 1 emissions intensity of 10.58 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.43, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Coherent rank on GHG emissions intensity within its industry?

In 2024, Coherent ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Coherent among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Coherent's Total Carbon Footprint

In 2024, Coherent reported a total carbon footprint of 1,381,574 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 162.38% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Coherent's total carbon footprint was Scope 3 emissions, accounting for 74.4% of the company's total carbon footprint, followed by Scope 2 emissions at 21.99%.a

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