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Core Laboratories Inc
Core Laboratories's GHG Emissions Data Preview
In 2024, Core Laboratories 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).
Core Laboratories has also provided a category-level breakdown for 10 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.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Core Laboratories’s Greenhouse Gas (GHG) Emissions Data
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Insights into Core Laboratories's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCore Laboratories amounted to24,187metric 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 Core Laboratoriesincreased by 20.94%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Core Laboratories's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Core Laboratories's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Core Laboratories were 11,675 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Core Laboratories reduced its Scope 1 emissions over time?
Since 2022, Core Laboratories's Scope 1 emissions have increased by 13.54%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Core Laboratories's Scope 1 emissions increased by 20.19%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Core Laboratories's Scope 2 emissions?
In 2024, Core Laboratories reported Scope 2 greenhouse gas (GHG) emissions of 12,603 tCOâ‚‚e using the market-based method and 12,512 tCOâ‚‚e using the location-based method.a
Has Core Laboratories reduced its Scope 2 emissions over time?
Since 2022, Core Laboratories's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 12.95%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Core Laboratories's Scope 2 emissions(Location-Based) rose by 21.65% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Core Laboratories use for Scope 2 reporting?
In 2024, Core Laboratories reported its Scope 2 emissions using the market-based method and using the location-based method.a
Core Laboratories's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Core Laboratories's Value Chain Emissions
In 2024, Core Laboratories reported 26,822 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 Core Laboratories includes a breakdown across 10of 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
Core Laboratories's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Core Laboratories's Scope 3 emissions?
In 2024, Core Laboratories reported total Scope 3 emissions of 26,822 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 96.91%of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.09%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Core Laboratories reduced its Scope 3 emissions over time?
Since 2022, Core Laboratories's Scope 3 emissionshave decreased by 19.72%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Core Laboratories's Scope 3 emissions remained relatively stable, indicating that Core Laboratories's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Core Laboratories disclose?
In 2024, Core Laboratories reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Core Laboratories's Scope 3 emissions?
In 2024, the largest contributors to Core Laboratories's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 6,061 tCOâ‚‚e(22.6%)
- Fuel- and Energy-Related Services (Cat. 3): 5,863 tCOâ‚‚e(21.86%)
- Purchased Goods and Services (Cat. 1): 5,678 tCOâ‚‚e(21.17%)
Core Laboratories's Scope 3 Emissions by Categories
Insights into Core Laboratories’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Core Laboratories reported Scope 1 greenhouse gas (GHG) emissions of 11,675 tCOâ‚‚e and total revenues of USD 524 millions. This translates into an emissions intensity of 22.29 tCOâ‚‚e per millions USD.a
Core Laboratories's Scope 1 Emissions Intensity Compared to Peers
How does Core Laboratories's GHG emissions intensity compare to its peers?
In 2024, Core Laboratories reported a Scope 1 emissions intensity of 22.29 tCOâ‚‚e per millions USD. Compared to the peer group median of 26.26, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Core Laboratories rank on GHG emissions intensity within its industry?
In 2024, Core Laboratories ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Core Laboratories is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Core Laboratories's Total Carbon Footprint
In 2024, Core Laboratories reported a total carbon footprint of 51,009 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Core Laboratories's total carbon footprint was Scope 3 emissions, accounting for 52.58% of the company's total carbon footprint, followed by Scope 2 emissions at 24.53%.a