In 2024, CP Axtra 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).
CP Axtra 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 CP Axtra amounted to 908,698.75 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 CP Axtra increased by 1.13%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of CP Axtra were 108,555.28 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, CP Axtra's Scope 1 emissions have decreased by 16.12%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), CP Axtra's Scope 1 emissions decreased by 23.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, CP Axtra reported Scope 2 greenhouse gas (GHG) emissions of 705,786.71 tCO₂e using the market-based method and 800,143.47 tCO₂e using the location-based method. a
Since 2020, CP Axtra's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 11.82%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), CP Axtra's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CP Axtra 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, CP Axtra reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, CP Axtra reported 8,430,568.96 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 CP Axtra 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, CP Axtra reported total Scope 3 emissions of 8,430,568.96 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 97.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.48% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, CP Axtra's Scope 3 emissions have increased by 66.26%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), CP Axtra's Scope 3 emissions remained relatively stable, indicating that CP Axtra 's emissions have plateaued with no significant change in its value chain footprint. a
In 2024, CP Axtra 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 CP Axtra's Scope 3 emissions were: a
In 2024, CP Axtra reported Scope 1 greenhouse gas (GHG) emissions of 108,555.28 tCO₂e and total revenues of USD 14,817 millions. This translates into an emissions intensity of 7.33 tCO₂e per millions USD. a
In 2024, CP Axtra reported a Scope 1 emissions intensity of 7.33 tCO₂e per millions USD. Compared to the peer group median of 15.51 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, CP Axtra ranked 6 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
CP Axtra is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, CP Axtra reported a total carbon footprint of 9,339,267.71 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.18% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to CP Axtra's total carbon footprint was Scope 3 emissions, accounting for 90.27% of the company's total carbon footprint, followed by Scope 2 emissions at 8.57%. a