Everest Group Ltd
Everest Group's GHG Emissions Data Preview
In 2023, Everest Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Everest Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. b | Copy restricted. Please purchase to unlock this data. b | 0000000 |
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Verified Sources Behind Everest Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into Everest Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Everest Group amounted to 1,771.3 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Everest Group increased by 0.56%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
What are Everest Group's Scope 2 emissions?
In 2023, Everest Group reported Scope 2 greenhouse gas (GHG) emissions of 2,185.6 tCO₂e using the market-based method and 1,771.3 tCO₂e using the location-based method. a
Has Everest Group reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Everest Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Everest Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b
What methodology does Everest Group use for Scope 2 reporting?
In 2023, Everest Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
Everest Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Everest Group's Value Chain Emissions
In 2023, Everest Group reported 84,066.6 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 2023 disclosure of Everest Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Everest Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Everest Group's Scope 3 emissions?
In 2023, Everest Group reported total Scope 3 emissions of 84,066.6 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Everest Group reduced its Scope 3 emissions over time?
Since 2021, Everest Group's Scope 3 emissions have increased by 32,146.49%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Everest Group's Scope 3 emissions increased by 92.51%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Everest Group disclose?
In 2023, Everest Group reported emissions for 6 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.
What are the main sources of Everest Group's Scope 3 emissions?
In 2023, the largest contributors to Everest Group's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 66,438.1 tCO₂e (79.03%)
- Business Travel (Cat. 6): 9,022 tCO₂e (10.73%)
- Employee Commuting (Cat. 7): 6,300.7 tCO₂e (7.49%)