In 2024, discoverIE Group 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).
discoverIE Group has also provided a category-level breakdown for 11 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 | 1,546a | 1,606a | 1,338a | |
Total Scope 2 | ||||
Market-Based | 2,006a | 2,820a | 4,392a | |
Location-Based | 6,749a | 6,736a | 8,710a | |
Total Scope 3 | 2,640,536a | 2,626,883a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.8019a | 2.8881a | 2.6855a |
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In 2024, the total operational greenhouse gas (GHG) emissions of discoverIE Group amounted to 8,295 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 discoverIE Group decreased by 0.56%, 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 discoverIE Group were 1,546 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, discoverIE Group's Scope 1 emissions have increased by 3.9%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), discoverIE Group's Scope 1 emissions decreased by 3.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, discoverIE Group reported Scope 2 greenhouse gas (GHG) emissions of 2,006 tCO₂e using the market-based method and 6,749 tCO₂e using the location-based method.a
Since 2021, discoverIE Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 27.93%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), discoverIE Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that discoverIE Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, discoverIE Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, discoverIE Group reported 2,640,536 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 discoverIE Group includes a breakdown across 11 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, discoverIE Group reported total Scope 3 emissions of 2,640,536 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 10.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.09% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), discoverIE Group's Scope 3 emissions remained relatively stable, indicating that discoverIE Group's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, discoverIE Group reported emissions for 11 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.
In 2024, the largest contributors to discoverIE Group's Scope 3 emissions were:a
In 2024, discoverIE Group reported Scope 1 greenhouse gas (GHG) emissions of 1,546 tCO₂e and total revenues of USD 552 millions. This translates into an emissions intensity of 2.8 tCO₂e per millions USD.a
In 2024, discoverIE Group reported a Scope 1 emissions intensity of 2.8 tCO₂e per millions USD. Compared to the peer group median of 1.62, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, discoverIE Group ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
discoverIE Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, discoverIE Group reported a total carbon footprint of 2,648,831 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.52% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to discoverIE Group's total carbon footprint was Scope 3 emissions, accounting for 99.69% of the company's total carbon footprint, followed by Scope 2 emissions at 0.25%.a