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Garmin Ltd

Common Name
Garmin
Country
Switzerland
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
23,000
Ticker
GRMN
Exchange
New York Stock Exchange
Description
Garmin Ltd. is a technology company that develops and markets navigation, communication, and information devices, primarily enabled by Global Positioning System (GPS) technology. The company serves bo...

Garmin's GHG Emissions Data Preview

In 2025, Garmin 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).

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

Metric (tCO2e)20252024
Total Scope 1
9,860a
9,865a
Total Scope 2
Market-Based
49,007a
45,326a
Location-Based
N/AN/A
Total Scope 3
1,108,089a
960,295a
Total Scope 1 Revenue Intensity (tCO2e/$M)
1.3608a
1.5666a
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Verified Sources Behind Garmin’s Greenhouse Gas (GHG) Emissions Data

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a. Garmin's DEF 14A 2025

Insights into Garmin's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Garmin amounted to 58,867 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 2024, the total operational greenhouse gas (GHG) emissions of Garmin increased by 6.66%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Garmin's Scope 1 Emissions Over Time

2024202502.5 k5 k7.5 k10 ktCO2e0%
  • Total Scope 1
  • Year-over-Year Change

What are Garmin's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Garmin were 9,860 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), Garmin's Scope 1 emissions remained relatively stable, indicating that Garmin's emissions have plateaued with no significant change in its operational footprint.a

What are Garmin's Scope 2 emissions?

In 2025, Garmin reported Scope 2 greenhouse gas (GHG) emissions of 49,007 tCO₂e using the market-based method.a

Has Garmin reduced its Scope 2 emissions over time?

Compared to the previous year (2024), Garmin's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Garmin's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Garmin use for Scope 2 reporting?

In 2025, Garmin reported its Scope 2 emissions using the market-based method.a

Garmin's Scope 2 Emissions Over Time

20242025015 k30 k45 k60 ktCO2e
  • Total Scope 2 Market-Based

Insights into Garmin's Value Chain Emissions

In 2025, Garmin reported 1,108,089 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 2025 disclosure of Garmin includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Garmin's Scope 3 Emissions Over Time

202420250300 k600 k900 k1.2 MtCO2e+15%
  • Total Scope 3
  • Year-over-Year Change

What are Garmin's Scope 3 emissions?

In 2025, Garmin reported total Scope 3 emissions of 1,108,089 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), Garmin's Scope 3 emissions increased by 15.39%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into Garmin’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Garmin reported Scope 1 greenhouse gas (GHG) emissions of 9,860 tCO₂e and total revenues of USD 7,246 millions. This translates into an emissions intensity of 1.36 tCO₂e per millions USD.a

Garmin's Scope 1 Emissions Intensity Compared to Peers

505002,00020,000200,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)VontierYear: 2024Scope 1: 10,931 tCO2eRevenue: $M 2,979Scope 1 Intensity: 3.67 tCO2e/$MRenishawYear: 2025Scope 1: 3,141 tCO2eRevenue: $M 979Scope 1 Intensity: 3.21 tCO2e/$MCodanYear: 2025Scope 1: 456 tCO2eRevenue: $M 444Scope 1 Intensity: 1.03 tCO2e/$MSpectrisYear: 2024Scope 1: 4,327 tCO2eRevenue: $M 1,630Scope 1 Intensity: 2.65 tCO2e/$MNovantaYear: 2024Scope 1: 3,027 tCO2eRevenue: $M 949Scope 1 Intensity: 3.19 tCO2e/$MSensata Technologies HoldingYear: 2024Scope 1: 4,590 tCO2eRevenue: $M 3,933Scope 1 Intensity: 1.17 tCO2e/$MShimadzuYear: 2024Scope 1: 2,871 tCO2eRevenue: $M 3,380Scope 1 Intensity: 0.85 tCO2e/$MESCO TechnologiesYear: 2025Scope 1: 6,113 tCO2eRevenue: $M 1,095Scope 1 Intensity: 5.58 tCO2e/$MCognexYear: 2024Scope 1: 2,021 tCO2eRevenue: $M 915Scope 1 Intensity: 2.21 tCO2e/$MSdi GroupYear: 2024Scope 1: 696 tCO2eRevenue: $M 83Scope 1 Intensity: 8.42 tCO2e/$MTrimbleYear: 2024Scope 1: 2,648 tCO2eRevenue: $M 3,683Scope 1 Intensity: 0.72 tCO2e/$MChroma ATEYear: 2024Scope 1: 493 tCO2eRevenue: $M 659Scope 1 Intensity: 0.75 tCO2e/$MJudges ScientificYear: 2024Scope 1: 241 tCO2eRevenue: $M 168Scope 1 Intensity: 1.44 tCO2e/$MFortiveYear: 2025Scope 1: 5,294 tCO2eRevenue: $M 4,159Scope 1 Intensity: 1.27 tCO2e/$MAVIC Chengdu AircraftYear: 2025Scope 1: 55,808 tCO2eRevenue: $M 10,764Scope 1 Intensity: 5.18 tCO2e/$MKeyenceYear: 2026Scope 1: 190 tCO2eRevenue: $M 7,336Scope 1 Intensity: 0.03 tCO2e/$MMKSYear: 2025Scope 1: 7,548 tCO2eRevenue: $M 3,931Scope 1 Intensity: 1.92 tCO2e/$MTeledyne TechnologiesYear: 2024Scope 1: 58,970 tCO2eRevenue: $M 5,670Scope 1 Intensity: 10.40 tCO2e/$MHexagonYear: 2025Scope 1: 14,154 tCO2eRevenue: $M 68,146Scope 1 Intensity: 0.21 tCO2e/$MKeysight TechnologiesYear: 2025Scope 1: 12,876 tCO2eRevenue: $M 5,375Scope 1 Intensity: 2.40 tCO2e/$MCoherentYear: 2025Scope 1: 38,146 tCO2eRevenue: $M 5,810Scope 1 Intensity: 6.57 tCO2e/$MDatacolorYear: 2023Scope 1: 226 tCO2eRevenue: $M 93Scope 1 Intensity: 2.42 tCO2e/$MSensirion HoldingYear: 2024Scope 1: 989 tCO2eRevenue: $M 305Scope 1 Intensity: 3.24 tCO2e/$MComet HoldingYear: 2025Scope 1: 779 tCO2eRevenue: $M 577Scope 1 Intensity: 1.35 tCO2e/$MInficon HoldingYear: 2025Scope 1: 1,343 tCO2eRevenue: $M 674Scope 1 Intensity: 1.99 tCO2e/$MGarminYear: 2025Scope 1: 9,860 tCO2eRevenue: $M 7,246Scope 1 Intensity: 1.36 tCO2e/$M

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

In 2025, Garmin reported a Scope 1 emissions intensity of 1.36 tCO₂e per millions USD. Compared to the peer group median of 2.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Garmin rank on GHG emissions intensity within its industry?

In 2025, Garmin ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Garmin is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Garmin's Total Carbon Footprint

In 2025, Garmin reported a total carbon footprint of 1,166,956 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.92% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Garmin's total carbon footprint was Scope 3 emissions, accounting for 94.96% of the company's total carbon footprint, followed by Scope 2 emissions at 4.2%.a

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