In 2024, Compeq Manufacturing 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).
Compeq Manufacturing 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 | 19,004a | 17,633a | 16,539a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 421,795a | 437,897a | 633,514a | |
Total Scope 3 | 204,699.7a | 139,232b | 593,694b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 8.5914a | 8.0641a | 6.6505a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Compeq Manufacturing amounted to 440,799 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 Compeq Manufacturing decreased by 3.23%, 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 Compeq Manufacturing were 19,004 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Compeq Manufacturing's Scope 1 emissions have decreased by 89.32%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Compeq Manufacturing's Scope 1 emissions increased by 7.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Compeq Manufacturing reported Scope 2 greenhouse gas (GHG) emissions of 421,795 tCO₂e without specifying the calculation method.a
Since 2020, Compeq Manufacturing's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 31.5%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Compeq Manufacturing's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Compeq Manufacturing's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Compeq Manufacturing reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Compeq Manufacturing reported 204,699.7 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 Compeq Manufacturing includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Compeq Manufacturing reported total Scope 3 emissions of 204,699.7 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), Compeq Manufacturing's Scope 3 emissions increased by 47.02%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Compeq Manufacturing 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 Compeq Manufacturing's Scope 3 emissions were:a
In 2024, Compeq Manufacturing reported Scope 1 greenhouse gas (GHG) emissions of 19,004 tCO₂e and total revenues of USD 2,212 millions. This translates into an emissions intensity of 8.59 tCO₂e per millions USD.a
In 2024, Compeq Manufacturing reported a Scope 1 emissions intensity of 8.59 tCO₂e per millions USD. Compared to the peer group median of 3.17, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Compeq Manufacturing ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Compeq Manufacturing is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Compeq Manufacturing reported a total carbon footprint of 645,498.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Compeq Manufacturing's total carbon footprint was Scope 2 emissions, accounting for 65.34% of the company's total carbon footprint, followed by Scope 3 emissions at 31.71%.a