In 2024, Elma Electronic 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).
Elma Electronic has also provided a category-level breakdown for 10 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 | 1,322a | 1,468a | 1,470a | |
Total Scope 2 | ||||
Market-Based | 1,348a | 1,500a | 1,305a | |
Location-Based | 1,305a | 1,297a | 1,286a | |
Total Scope 3 | 84,109a | 97,037a | 141,452a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.7342a | 7.3893a | 8.7849a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Elma Electronic amounted to 2,627 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 Elma Electronic decreased by 4.99%, 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 Elma Electronic were 1,322 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Elma Electronic's Scope 1 emissions have decreased by 6.64%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Elma Electronic's Scope 1 emissions decreased by 9.95%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Elma Electronic reported Scope 2 greenhouse gas (GHG) emissions of 1,348 tCO₂e using the market-based method and 1,305 tCO₂e using the location-based method.a
Since 2021, Elma Electronic's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Elma Electronic's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Elma Electronic's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Elma Electronic's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Elma Electronic reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Elma Electronic reported 84,109 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 Elma Electronic includes a breakdown across 10 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, Elma Electronic reported total Scope 3 emissions of 84,109 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 25.78% of these emissions originated from upstream activities such as purchased goods and capital goods, while 74.22% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Elma Electronic's Scope 3 emissions have decreased by 19.37%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Elma Electronic's Scope 3 emissions decreased by 13.32%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Elma Electronic reported emissions for 10 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 Elma Electronic's Scope 3 emissions were:a
In 2024, Elma Electronic reported Scope 1 greenhouse gas (GHG) emissions of 1,322 tCO₂e and total revenues of USD 196 millions. This translates into an emissions intensity of 6.73 tCO₂e per millions USD.a
In 2024, Elma Electronic reported a Scope 1 emissions intensity of 6.73 tCO₂e per millions USD. Compared to the peer group median of 0.65, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Elma Electronic ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Elma Electronic among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Elma Electronic reported a total carbon footprint of 86,736 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.09% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Elma Electronic's total carbon footprint was Scope 3 emissions, accounting for 96.97% of the company's total carbon footprint, followed by Scope 1 emissions at 1.52%.a