In 2024, Etex 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).
Etex 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 |
|---|---|---|
Total Scope 1 | 792,872a | 870,446a |
Total Scope 2 | ||
Market-Based | 144,892a | 148,471a |
Location-Based | 216,170a | 222,396a |
Total Scope 3 | 2,642,355.26a | 2,659,518a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 201.7257a | 206.5283a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Etex amounted to 1,009,042 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 Etex decreased by 7.67%, 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 Etex were 792,872 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Etex's Scope 1 emissions decreased by 8.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Etex reported Scope 2 greenhouse gas (GHG) emissions of 144,892 tCO₂e using the market-based method and 216,170 tCO₂e using the location-based method.a
Compared to the previous year (2023), Etex's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Etex's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Etex reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Etex reported 2,642,355.26 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 Etex includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, down from 11 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, Etex reported total Scope 3 emissions of 2,642,355.26 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.51% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.49% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Etex's Scope 3 emissions remained relatively stable, indicating that Etex's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Etex 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 Etex's Scope 3 emissions were:a
In 2024, Etex reported Scope 1 greenhouse gas (GHG) emissions of 792,872 tCO₂e and total revenues of USD 3,930 millions. This translates into an emissions intensity of 201.73 tCO₂e per millions USD.a
In 2024, Etex reported a Scope 1 emissions intensity of 201.73 tCO₂e per millions USD. Compared to the peer group median of 14.06, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Etex ranked 23 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Etex among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Etex reported a total carbon footprint of 3,651,397.26 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.69% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Etex's total carbon footprint was Scope 3 emissions, accounting for 72.37% of the company's total carbon footprint, followed by Scope 1 emissions at 21.71%.a