Exel Composites Oyj

Common Name
Exel Composites
Country
Finland
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
624
Ticker
EXL1V
Exchange
NASDAQ HELSINKI LTD
Description
Exel Composites Oyj is a prominent company focused on the design, manufacturing, and marketing of composite materials, particularly for industrial applications. Known for their versatility, strength, ...

Exel Composites's GHG Emissions Data Preview

In 2024, Exel Composites 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) and Scope 2 (indirect emissions from purchased energy).

However, Exel Composites has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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b
0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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Verified Sources Behind Exel Composites’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Exel Composites’s data sources below and access millions more through our Disclosure Search.

a. Exel Composites's Annual Report 2024
a. Exel Composites's Annual Report 2024
b. Exel Composites's Annual Report 2023
b. Exel Composites's Annual Report 2023

Insights into Exel Composites's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Exel Composites amounted to 4,916 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 Exel Composites increased by 48.74%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Exel Composites's Scope 1 Emissions Over Time

201820222023202402505007501 ktCO2e-28%-14%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Exel Composites's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Exel Composites were 553 metric tons of CO₂ equivalent (tCO₂e). a

Has Exel Composites reduced its Scope 1 emissions over time?

Since 2018, Exel Composites's Scope 1 emissions have decreased by 38.83%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Exel Composites's Scope 1 emissions remained relatively stable, indicating that Exel Composites's emissions have plateaued with no significant change in its operational footprint. a

What are Exel Composites's Scope 2 emissions?

In 2024, Exel Composites reported Scope 2 greenhouse gas (GHG) emissions of 3,194 tCO₂e using the market-based method and 4,363 tCO₂e using the location-based method. a

Has Exel Composites reduced its Scope 2 emissions over time?

Since 2018, Exel Composites's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 24%, reflecting a declining long-term trend in Scope 2 emissions over time. a

What methodology does Exel Composites use for Scope 2 reporting?

In 2024, Exel Composites reported its Scope 2 emissions using the market-based method and using the location-based method. a

Exel Composites's Scope 2 Emissions Over Time

201820222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Exel Composites’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Exel Composites reported Scope 1 greenhouse gas (GHG) emissions of 553 tCO₂e and total revenues of USD 104 millions. This translates into an emissions intensity of 5.33 tCO₂e per millions USD. a

Exel Composites's Scope 1 Emissions Intensity Compared to Peers

201,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)501,00020,0001,000,00020,000,000Revenues (Millions of USD)AZCKNGGNMIYear: 2023Scope 1: 53 tCO2eRevenue: $M 164Scope 1 Intensity: 0.32 tCO2e/$MAAAsia PolymerYear: 2023Scope 1: 9,920 tCO2eRevenue: $M 219Scope 1 Intensity: 45.30 tCO2e/$MZZZhongfu Shenying Carbon FiberYear: 2023Scope 1: 4,642 tCO2eRevenue: $M 318Scope 1 Intensity: 14.60 tCO2e/$MCCChina General PlasticsYear: 2023Scope 1: 151,239 tCO2eRevenue: $M 447Scope 1 Intensity: 338.47 tCO2e/$MKKKB ComponentsYear: 2024Scope 1: 51 tCO2eRevenue: $M 247Scope 1 Intensity: 0.21 tCO2e/$MNNNantex IndustryYear: 2023Scope 1: 1,378 tCO2eRevenue: $M 291Scope 1 Intensity: 4.73 tCO2e/$MLaxmi Organic IndustriesYear: 2023Scope 1: 251,824 tCO2eRevenue: $M 339Scope 1 Intensity: 741.88 tCO2e/$MLinde IndiaYear: 2025Scope 1: 2,864 tCO2eRevenue: $M 291Scope 1 Intensity: 9.84 tCO2e/$MHexpolYear: 2024Scope 1: 18,918 tCO2eRevenue: $M 1,855Scope 1 Intensity: 10.20 tCO2e/$MEternal MaterialsYear: 2023Scope 1: 81,591 tCO2eRevenue: $M 1,384Scope 1 Intensity: 58.96 tCO2e/$MSQMYear: 2024Scope 1: 504,928 tCO2eRevenue: $M 4,352,828Scope 1 Intensity: 0.12 tCO2e/$MSOLYear: 2024Scope 1: 59,050 tCO2eRevenue: $M 1,676Scope 1 Intensity: 35.24 tCO2e/$MGGGuangdong Hongda Holdings GroupYear: 2023Scope 1: 19,327 tCO2eRevenue: $M 1,624Scope 1 Intensity: 11.90 tCO2e/$MCSRCYear: 2023Scope 1: 909,611 tCO2eRevenue: $M 583Scope 1 Intensity: 1,561.04 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 4,160Scope 1 Intensity: 3,236.80 tCO2e/$MIFFYear: 2023Scope 1: 694,072 tCO2eRevenue: $M 11,479Scope 1 Intensity: 60.46 tCO2e/$MHimadri Speciality ChemicalYear: 2024Scope 1: 409,576 tCO2eRevenue: $M 502Scope 1 Intensity: 816.22 tCO2e/$MPidilite IndustriesYear: 2025Scope 1: 8,690 tCO2eRevenue: $M 1,532Scope 1 Intensity: 5.67 tCO2e/$MTokai CarbonYear: 2023Scope 1: 1,900,000 tCO2eRevenue: $M 2,573Scope 1 Intensity: 738.34 tCO2e/$MSolar Industries IndiaYear: 2024Scope 1: 49,286 tCO2eRevenue: $M 709Scope 1 Intensity: 69.56 tCO2e/$MAir LiquideYear: 2024Scope 1: 14,868,470 tCO2eRevenue: $M 28,157Scope 1 Intensity: 528.06 tCO2e/$MSumitomo BakeliteYear: 2023Scope 1: 79,554 tCO2eRevenue: $M 2,139Scope 1 Intensity: 37.19 tCO2e/$MAshland IncYear: 2021Scope 1: 332,256 tCO2eRevenue: $M 2,111Scope 1 Intensity: 157.39 tCO2e/$MKumho Petro ChemicalYear: 2023Scope 1: 3,009,402 tCO2eRevenue: $M 4,948Scope 1 Intensity: 608.23 tCO2e/$MExel CompositesYear: 2024Scope 1: 553 tCO2eRevenue: $M 104Scope 1 Intensity: 5.33 tCO2e/$M

How does Exel Composites's GHG emissions intensity compare to its peers?

In 2024, Exel Composites reported a Scope 1 emissions intensity of 5.33 tCO₂e per millions USD. Compared to the peer group median of 52.13 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Exel Composites rank on GHG emissions intensity within its industry?

In 2024, Exel Composites ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Exel Composites among the top performers, with one of the lowest emissions intensities relative to peers. a

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