In 2024, Colbun 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).
Colbun 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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,469,171a | 4,166,056a | 5,847,489a | |
Total Scope 2 | ||||
Market-Based | 0a | 0a | 0a | |
Location-Based | 11,710a | 8,223a | 7,003a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 612,502a | 44,652a | 29,484a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.562a | 2,079.2656a | 2,962.2193a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Colbun amounted to 3,480,881 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 Colbun decreased by 16.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Colbun were 3,469,171 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Colbun's Scope 1 emissions have decreased by 28.82%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Colbun's Scope 1 emissions decreased by 16.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Colbun reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 11,710 tCO₂e using the location-based method.a
Compared to the previous year (2023), Colbun's Scope 2 emissions (Location-Based) rose by 42.41% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Colbun reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Colbun reported 612,502 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 Colbun includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Colbun reported total Scope 3 emissions of 612,502 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
Since 2019, Colbun's Scope 3 emissions have increased by 2,057.21%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Colbun's Scope 3 emissions increased by 1,271.72%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Colbun 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 Colbun's Scope 3 emissions were:a
In 2024, Colbun reported Scope 1 greenhouse gas (GHG) emissions of 3,469,171 tCO₂e and total revenues of USD 1.35 million millions. This translates into an emissions intensity of 2.56 tCO₂e per millions USD.a
In 2024, Colbun reported a Scope 1 emissions intensity of 2.56 tCO₂e per millions USD. Compared to the peer group median of 1,379, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Colbun ranked 3 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Colbun among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Colbun reported a total carbon footprint of 4,093,383 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.98% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Colbun's total carbon footprint was Scope 1 emissions, accounting for 84.75% of the company's total carbon footprint, followed by Scope 3 emissions at 14.96%.a