In 2024, Essentra 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).
Essentra has also provided a category-level breakdown for 11 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 | 2,783a | 3,174a | N/A | |
Total Scope 2 | ||||
Market-Based | 8,470a | 10,591a | N/A | |
Location-Based | 15,343a | 15,394a | N/A | |
Total Scope 3 | 124,059a | 131,733a | 188,184a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 7.3336a | 7.8803a | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Essentra amounted to 18,126 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 Essentra decreased by 2.38%, 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 Essentra were 2,783 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Essentra's Scope 1 emissions have decreased by 18.67%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Essentra's Scope 1 emissions decreased by 12.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Essentra reported Scope 2 greenhouse gas (GHG) emissions of 8,470 tCO₂e using the market-based method and 15,343 tCO₂e using the location-based method.a
Since 2019, Essentra's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 32.07%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Essentra's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Essentra's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Essentra reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Essentra reported 124,059 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 Essentra includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Essentra reported total Scope 3 emissions of 124,059 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 81.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.65% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Essentra's Scope 3 emissions remained relatively stable, indicating that Essentra's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Essentra reported emissions for 11 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 Essentra's Scope 3 emissions were:a
In 2024, Essentra reported Scope 1 greenhouse gas (GHG) emissions of 2,783 tCO₂e and total revenues of USD 379 millions. This translates into an emissions intensity of 7.33 tCO₂e per millions USD.a
In 2024, Essentra reported a Scope 1 emissions intensity of 7.33 tCO₂e per millions USD. Compared to the peer group median of 37.03, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Essentra ranked 6 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Essentra is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Essentra reported a total carbon footprint of 142,185 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.4% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Essentra's total carbon footprint was Scope 3 emissions, accounting for 87.25% of the company's total carbon footprint, followed by Scope 2 emissions at 10.79%.a