In 2024, Flowco Holdings 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).
Flowco Holdings 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) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 7,158a | 6,598.9a |
Total Scope 2 | ||
Market-Based | 1,870a | 1,530a |
Location-Based | 1,370a | 1,230a |
Total Scope 3 | 667,107a | 1,006,877.65a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 13.3725a | 27.1199a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Flowco Holdings amounted to 8,528 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 Flowco Holdings increased by 8.93%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Flowco Holdings were 7,158 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Flowco Holdings's Scope 1 emissions increased by 8.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Flowco Holdings reported Scope 2 greenhouse gas (GHG) emissions of 1,870 tCO₂e using the market-based method and 1,370 tCO₂e using the location-based method.a
Compared to the previous year (2023), Flowco Holdings's Scope 2 emissions (Location-Based) rose by 11.38% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Flowco Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Flowco Holdings reported 667,107 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 Flowco Holdings includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Flowco Holdings reported total Scope 3 emissions of 667,107 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 1.66% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.34% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Flowco Holdings's Scope 3 emissions decreased by 33.74%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Flowco Holdings 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.
In 2024, the largest contributors to Flowco Holdings's Scope 3 emissions were:a
In 2024, Flowco Holdings reported Scope 1 greenhouse gas (GHG) emissions of 7,158 tCO₂e and total revenues of USD 535 millions. This translates into an emissions intensity of 13.37 tCO₂e per millions USD.a
In 2024, Flowco Holdings reported a Scope 1 emissions intensity of 13.37 tCO₂e per millions USD. Compared to the peer group median of 19.34, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Flowco Holdings ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Flowco Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Flowco Holdings reported a total carbon footprint of 675,635 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 33.42% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Flowco Holdings's total carbon footprint was Scope 3 emissions, accounting for 98.74% of the company's total carbon footprint, followed by Scope 1 emissions at 1.06%.a