In 2023, Credo 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) and Scope 2 (indirect emissions from purchased energy).
However, Credo has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 |
|---|---|
Total Scope 1 | 93.361a |
Total Scope 2 | |
Unspecified Calculation Method | 1,235.032a |
Total Scope 3 | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.5069a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Credo amounted to 1,328.392 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
In 2023, the total Scope 1 emissions of Credo were 93.361 metric tons of CO₂ equivalent (tCO₂e).a
In 2023, Credo reported Scope 2 greenhouse gas (GHG) emissions of 1,235.032 tCO₂e without specifying the calculation method.a
In 2023, Credo reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Credo reported Scope 1 greenhouse gas (GHG) emissions of 93.361 tCO₂e and total revenues of USD 184 millions. This translates into an emissions intensity of 0.51 tCO₂e per millions USD.a
In 2023, Credo reported a Scope 1 emissions intensity of 0.51 tCO₂e per millions USD. Compared to the peer group median of 2.06, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Credo ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Credo is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a