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In 2024, Crete Plastics 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).
Crete Plastics has also provided a category-level breakdown for 4 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 ofCrete Plastics amounted to42,910.83metric 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 Crete Plasticsincreased by 6.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Crete Plastics were 1,587.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Crete Plastics's Scope 1 emissions increased by 19.96%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Crete Plastics reported Scope 2 greenhouse gas (GHG) emissions of 35,776.37 tCOâ‚‚e using the market-based method and 41,323.41 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2023), Crete Plastics's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Crete Plastics's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Crete Plastics reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Crete Plastics reported 377,721.87 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 Crete Plastics includes a breakdown across 4of 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, Crete Plastics reported total Scope 3 emissions of 377,721.87 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
In 2024, Crete Plastics reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Crete Plastics's Scope 3 emissions were:a
In 2024, Crete Plastics reported Scope 1 greenhouse gas (GHG) emissions of 1,587.42 tCOâ‚‚e and total revenues of USD 401 millions. This translates into an emissions intensity of 3.96 tCOâ‚‚e per millions USD.a
In 2024, Crete Plastics reported a Scope 1 emissions intensity of 3.96 tCOâ‚‚e per millions USD. Compared to the peer group median of 41.68, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Crete Plastics ranked 3 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Crete Plastics among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Crete Plastics reported a total carbon footprint of 420,632.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 943.37% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Crete Plastics's total carbon footprint was Scope 3 emissions, accounting for 89.8% of the company's total carbon footprint, followed by Scope 2 emissions at 9.82%.a