In 2024, Elementis 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).
Elementis has also provided a category-level breakdown for 13 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 | 48,889a | 41,861a | 47,666a | |
Total Scope 2 | ||||
Market-Based | 28,020a | 23,394a | 19,401a | |
Location-Based | 48,897a | 44,623a | 42,956a | |
Total Scope 3 | 599,233a | 603,921a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 80.9689a | 58.6782a | 64.7284a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Elementis amounted to 97,786 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 Elementis increased by 13.07%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Elementis were 48,889 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Elementis's Scope 1 emissions have decreased by 16.38%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Elementis's Scope 1 emissions increased by 16.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Elementis reported Scope 2 greenhouse gas (GHG) emissions of 28,020 tCO₂e using the market-based method and 48,897 tCO₂e using the location-based method.a
Since 2019, Elementis's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 24.14%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Elementis's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Elementis's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Elementis reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Elementis reported 599,233 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 Elementis includes a breakdown across 13 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, Elementis reported total Scope 3 emissions of 599,233 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 88.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.64% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Elementis's Scope 3 emissions remained relatively stable, indicating that Elementis's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Elementis reported emissions for 13 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 Elementis's Scope 3 emissions were:a
In 2024, Elementis reported Scope 1 greenhouse gas (GHG) emissions of 48,889 tCO₂e and total revenues of USD 604 millions. This translates into an emissions intensity of 80.97 tCO₂e per millions USD.a
In 2024, Elementis reported a Scope 1 emissions intensity of 80.97 tCO₂e per millions USD. Compared to the peer group median of 15.8, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Elementis ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Elementis is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Elementis reported a total carbon footprint of 697,019 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.96% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Elementis's total carbon footprint was Scope 3 emissions, accounting for 85.97% of the company's total carbon footprint, followed by Scope 2 emissions at 7.02%.a