Coherent Corp
Coherent's GHG Emissions Data Preview
In 2023, 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 3 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Coherent's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Coherent amounted to 366,918 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Coherent increased by 12.48%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Coherent's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Coherent's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Coherent were 45,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Coherent reduced its Scope 1 emissions over time?
Since 2021, Coherent's Scope 1 emissions have increased by 28.65%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Coherent's Scope 1 emissions increased by 4.14%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Coherent's Scope 2 emissions?
In 2023, Coherent reported Scope 2 greenhouse gas (GHG) emissions of 190,690 tCOâ‚‚e using the market-based method, and 321,218 tCOâ‚‚e using the location-based method.
Has Coherent reduced its Scope 2 emissions over time?
Since 2021, Coherent's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 19.54%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Coherent's Scope 2 emissions (Location-Based) rose by 13.77% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Coherent use for Scope 2 reporting?
In 2023, Coherent reported its Scope 2 emissions using the market-based method and using the location-based method.
Coherent's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Coherent's Value Chain Emissions
In 2023, Coherent reported 180,474 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Coherent includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Coherent's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Coherent's Scope 3 emissions?
In 2023, Coherent reported total Scope 3 emissions of 180,474 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
What categories of Scope 3 emissions does Coherent disclose?
In 2023, Coherent reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Coherent's Scope 3 emissions?
In 2023, the largest contributors to Coherent's Scope 3 emissions were:
- Fuel- and Energy-Related Services (Cat. 3): 97,756 tCOâ‚‚e (54.17%)
- Business Travel (Cat. 6): 43,745 tCOâ‚‚e (24.24%)
- Employee Commuting (Cat. 7): 38,973 tCOâ‚‚e (21.59%)
Coherent's Scope 3 Emissions by Categories
Insights into Coherent's Total Carbon Footprint
In 2023, Coherent reported a total carbon footprint of 547,392 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 67.8% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Coherent's total carbon footprint was Scope 2 emissions, accounting for 58.68% of the company's total carbon footprint, followed by Scope 3 emissions at 32.97%.