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) | 2024 | 2023 | 2022 | 2021 - 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 | ||||
Market-Based | 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 |
Location-Based | 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 2024, the total operational greenhouse gas (GHG) emissions of Coherent amounted to 353,640 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 2023, the total operational greenhouse gas (GHG) emissions of Coherent increased by 2.19%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Coherent were 49,811 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Coherent's Scope 1 emissions have increased by 40.22%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
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
In 2024, Coherent reported Scope 2 greenhouse gas (GHG) emissions of 69,681 tCO₂e using the market-based method and 303,829 tCO₂e using the location-based method. a
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. a b
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
In 2024, Coherent reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Coherent reported 1,027,934 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 Coherent includes a breakdown across 6 of 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 chain a
In 2024, Coherent reported total Scope 3 emissions of 1,027,934 metric tons of CO₂ equivalent (tCO₂e). 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
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.
In 2024, the largest contributors to Coherent's Scope 3 emissions were: a
In 2024, Coherent reported Scope 1 greenhouse gas (GHG) emissions of 49,811 tCO₂e and total revenues of USD 4,708 millions. This translates into an emissions intensity of 10.58 tCO₂e per millions USD. a
In 2024, Coherent reported a Scope 1 emissions intensity of 10.58 tCO₂e per millions USD. Compared to the peer group median of 1.99 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Coherent ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Coherent among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Coherent reported a total carbon footprint of 1,381,574 metric tons of CO₂ equivalent (tCO₂e) 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