In 2024, Elkem 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).
However, Elkem has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| 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 of Elkem amounted to 3,190,000 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 Elkem increased by 4.93%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Elkem were 2,030,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Elkem's Scope 1 emissions have decreased by 15.06%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Elkem's Scope 1 emissions decreased by 8.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Elkem reported Scope 2 greenhouse gas (GHG) emissions of 3,420,000 tCO₂e using the market-based method and 1,160,000 tCO₂e using the location-based method. a
Since 2020, Elkem's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 27.47%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Elkem's Scope 2 emissions (Location-Based) rose by 39.76% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2024, Elkem reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Elkem reported 8,340,000 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 Elkem includes a breakdown across 0 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, Elkem reported total Scope 3 emissions of 8,340,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Elkem's Scope 3 emissions have increased by 20%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Elkem's Scope 3 emissions increased by 22.47%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Elkem reported Scope 1 greenhouse gas (GHG) emissions of 2,030,000 tCO₂e and total revenues of USD 1,571 millions. This translates into an emissions intensity of 1,292.46 tCO₂e per millions USD. a
In 2024, Elkem reported a Scope 1 emissions intensity of 1,292.46 tCO₂e per millions USD. Compared to the peer group median of 62.67 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Elkem ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Elkem among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, Elkem reported a total carbon footprint of 11,530,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.06% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Elkem's total carbon footprint was Scope 3 emissions, accounting for 72.33% of the company's total carbon footprint, followed by Scope 1 emissions at 17.61%. a