In 2025, ElvalHalcor 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).
ElvalHalcor has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 224,499a | 203,705a | 194,418a | |
Total Scope 2 | ||||
Market-Based | 158,931a | 168,908a | 243,081a | |
Location-Based | 135,180a | 134,015a | 168,927a | |
Total Scope 3 | 4,447,200a | 4,225,700a | 3,693,200a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 52.8302a | 56.931a | 53.335a |
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In 2025, the total operational greenhouse gas (GHG) emissions of ElvalHalcor amounted to 359,679 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 2024, the total operational greenhouse gas (GHG) emissions of ElvalHalcor increased by 6.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of ElvalHalcor were 224,499 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, ElvalHalcor's Scope 1 emissions have increased by 15.5%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), ElvalHalcor's Scope 1 emissions increased by 10.21%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, ElvalHalcor reported Scope 2 greenhouse gas (GHG) emissions of 158,931 tCO₂e using the market-based method and 135,180 tCO₂e using the location-based method.a
Since 2022, ElvalHalcor's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 34.41%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2024), ElvalHalcor's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that ElvalHalcor's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, ElvalHalcor reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, ElvalHalcor reported 4,447,200 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 2025 disclosure of ElvalHalcor includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, ElvalHalcor reported total Scope 3 emissions of 4,447,200 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 92.51% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.49% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, ElvalHalcor's Scope 3 emissions have increased by 406.63%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), ElvalHalcor's Scope 3 emissions remained relatively stable, indicating that ElvalHalcor's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, ElvalHalcor reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to ElvalHalcor's Scope 3 emissions were:a
In 2025, ElvalHalcor reported Scope 1 greenhouse gas (GHG) emissions of 224,499 tCO₂e and total revenues of USD 4,249 millions. This translates into an emissions intensity of 52.83 tCO₂e per millions USD.a
In 2025, ElvalHalcor reported a Scope 1 emissions intensity of 52.83 tCO₂e per millions USD. Compared to the peer group median of 19.85, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, ElvalHalcor ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
ElvalHalcor is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, ElvalHalcor reported a total carbon footprint of 4,806,879 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.34% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to ElvalHalcor's total carbon footprint was Scope 3 emissions, accounting for 92.52% of the company's total carbon footprint, followed by Scope 1 emissions at 4.67%.a