EDAG Engineering Group AG

Common Name
EDAG Engineering Group
Country
Switzerland
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
9,133
Ticker
ED4
Exchange
XETRA
Description
Edag Engineering Group AG is a prominent engineering service provider specializing in the automotive industry. The company offers a comprehensive range of engineering solutions, encompassing vehicle e...

EDAG Engineering Group's GHG Emissions Data Preview

In 2023, EDAG Engineering 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).

EDAG Engineering Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into EDAG Engineering Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of EDAG Engineering Group amounted to 5,732 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of EDAG Engineering Group decreased by 19.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

EDAG Engineering Group's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-37%-16%+18%+1%
  • Total Scope 1
  • Year-over-Year Change

What are EDAG Engineering Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of EDAG Engineering Group were 3,247 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has EDAG Engineering Group reduced its Scope 1 emissions over time?

Since 2019, EDAG Engineering Group's Scope 1 emissions have decreased by 37.21%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), EDAG Engineering Group's Scope 1 emissions remained relatively stable, indicating that EDAG Engineering Group's emissions have plateaued with no significant change in its operational footprint.

What are EDAG Engineering Group's Scope 2 emissions?

In 2023, EDAG Engineering Group reported Scope 2 greenhouse gas (GHG) emissions of 2,485 tCOâ‚‚e without specifying the calculation method.

Has EDAG Engineering Group reduced its Scope 2 emissions over time?

Since 2019, EDAG Engineering Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 83.69%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), EDAG Engineering Group's Scope 2 emissions (Unspecified Calculation Method) fell by 36.61% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does EDAG Engineering Group use for Scope 2 reporting?

In 2023, EDAG Engineering Group reported its Scope 2 emissions using an unspecified methodology.

EDAG Engineering Group's Scope 2 Emissions Over Time

2019202020212022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into EDAG Engineering Group's Value Chain Emissions

In 2023, EDAG Engineering Group reported 4,596 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of EDAG Engineering Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

EDAG Engineering Group's Scope 3 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-28%-20%+39%+12%
  • Total Scope 3
  • Year-over-Year Change

What are EDAG Engineering Group's Scope 3 emissions?

In 2023, EDAG Engineering Group reported total Scope 3 emissions of 4,596 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has EDAG Engineering Group reduced its Scope 3 emissions over time?

Since 2019, EDAG Engineering Group's Scope 3 emissions have decreased by 10.71%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), EDAG Engineering Group's Scope 3 emissions increased by 11.72%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does EDAG Engineering Group disclose?

In 2023, EDAG Engineering Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of EDAG Engineering Group's Scope 3 emissions?

In 2023, the largest contributors to EDAG Engineering Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 57.2 tCOâ‚‚e (60.02%)
  • Waste Generated in Operations (Cat. 5): 38.1 tCOâ‚‚e (39.98%)

EDAG Engineering Group's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(40.0%)Purchased Goods andServices (Cat. 1)(60.0%)

Insights into EDAG Engineering Group's Total Carbon Footprint

In 2023, EDAG Engineering Group reported a total carbon footprint of 10,328 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.24% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to EDAG Engineering Group's total carbon footprint was Scope 3 emissions, accounting for 44.5% of the company's total carbon footprint, followed by Scope 1 emissions at 31.44%.