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Festi's GHG Emissions Data Preview
In 2024, Festi 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).
Festi has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind Festi’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 Festi’s data sources below and access millions more through our Disclosure Search.
Insights into Festi's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Festi amounted to 3,560 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 Festi decreased by 26.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Festi's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Festi's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Festi were 3,126 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Festi's Scope 1 emissions decreased by 29.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Festi's Scope 2 emissions?
In 2024, Festi reported Scope 2 greenhouse gas (GHG) emissions of 249 tCO₂e using the market-based method and 434 tCO₂e using the location-based method.a
Has Festi reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Festi's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Festi's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Festi use for Scope 2 reporting?
In 2024, Festi reported its Scope 2 emissions using the market-based method and using the location-based method.a
Festi's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Festi's Value Chain Emissions
In 2024, Festi reported 901,509 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 Festi includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Festi's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Festi's Scope 3 emissions?
In 2024, Festi reported total Scope 3 emissions of 901,509 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 37.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 62.65% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Festi's Scope 3 emissions remained relatively stable, indicating that Festi's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Festi disclose?
In 2024, Festi reported emissions for 9 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 Festi's Scope 3 emissions?
In 2024, the largest contributors to Festi's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 564,722 tCO₂e (62.64%)
- Purchased Goods and Services (Cat. 1): 333,051 tCO₂e (36.94%)
- Upstream Transportation and Distribution (Cat. 4): 2,402 tCO₂e (0.27%)
Festi's Scope 3 Emissions by Categories
Insights into Festi’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Festi reported Scope 1 greenhouse gas (GHG) emissions of 3,126 tCO₂e and total revenues of USD 1,229 millions. This translates into an emissions intensity of 2.54 tCO₂e per millions USD.a
Festi's Scope 1 Emissions Intensity Compared to Peers
How does Festi's GHG emissions intensity compare to its peers?
In 2024, Festi reported a Scope 1 emissions intensity of 2.54 tCO₂e per millions USD. Compared to the peer group median of 2.64, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Festi rank on GHG emissions intensity within its industry?
In 2024, Festi ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Festi is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Festi's Total Carbon Footprint
In 2024, Festi reported a total carbon footprint of 905,069 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.19% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Festi's total carbon footprint was Scope 3 emissions, accounting for 99.61% of the company's total carbon footprint, followed by Scope 1 emissions at 0.35%.a