General Dynamics Corp

Common Name
General Dynamics
Country
United States
Sector
Industrials
Industry
Aerospace & Defense
Employees
117,000
Ticker
GD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
www.gd.com
Description
General Dynamics Corporation is a prominent American aerospace and defense company renowned for its diverse offerings across multiple segments. It primarily focuses on providing services and products ...

General Dynamics's GHG Emissions Data Preview

In 2023, General Dynamics 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).

General Dynamics has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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c
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d
0000000
Total Scope 2
Market-Based
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a
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c
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d
0000000
Location-Based
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b
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c
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d
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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c
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d
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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c
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d
0000000
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Verified Sources Behind General Dynamics’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 General Dynamics’s data sources below and access millions more through our Disclosure Search.

a. General Dynamics's Sustainability Report 2024
a. General Dynamics's Sustainability Report 2024
b. General Dynamics's Verification report 2023
b. General Dynamics's Verification report 2023
c. General Dynamics's CDP Climate sourced from company’s website 2023
c. General Dynamics's CDP Climate sourced from company’s website 2023
d. General Dynamics's CDP Climate sourced from company’s website 2022
d. General Dynamics's CDP Climate sourced from company’s website 2022
e. General Dynamics's Sustainability Report 2022
e. General Dynamics's Sustainability Report 2022

Insights into General Dynamics's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of General Dynamics amounted to 731,366 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 b

Compared to 2022, the total operational greenhouse gas (GHG) emissions of General Dynamics increased by 2.12%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b c

General Dynamics's Scope 1 Emissions Over Time

201820192020202120222023085 k170 k255 k340 ktCO2e+4%-7%+4%+1%+5%
  • Total Scope 1
  • Year-over-Year Change

What are General Dynamics's Scope 1 emissions?

In 2023, the total Scope 1 emissions of General Dynamics were 323,044 metric tons of CO₂ equivalent (tCO₂e). a

Has General Dynamics reduced its Scope 1 emissions over time?

Since 2018, General Dynamics's Scope 1 emissions have increased by 5.92%, reflecting a rising long-term trend in Scope 1 emissions over time. a e

Compared to the previous year (2022), General Dynamics's Scope 1 emissions increased by 5.1%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a c

What are General Dynamics's Scope 2 emissions?

In 2023, General Dynamics reported Scope 2 greenhouse gas (GHG) emissions of 390,830 tCO₂e using the market-based method and 408,322 tCO₂e using the location-based method. a b

Has General Dynamics reduced its Scope 2 emissions over time?

Compared to the previous year (2022), General Dynamics's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that General Dynamics 's emissions have plateaued with no significant change in its energy consumption footprint. b c

What methodology does General Dynamics use for Scope 2 reporting?

In 2023, General Dynamics reported its Scope 2 emissions using the market-based method and using the location-based method. a b

General Dynamics's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into General Dynamics's Value Chain Emissions

In 2023, General Dynamics reported 268,025 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 General Dynamics includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

General Dynamics's Scope 3 Emissions Over Time

2019202120222023070 k140 k210 k280 ktCO2e-21%+2%+36%
  • Total Scope 3
  • Year-over-Year Change

What are General Dynamics's Scope 3 emissions?

In 2023, General Dynamics reported total Scope 3 emissions of 268,025 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

Compared to the previous year (2022), General Dynamics's Scope 3 emissions increased by 36.39%, suggesting that the company faced challenges in reducing emissions across its value chain. a c

What categories of Scope 3 emissions does General Dynamics disclose?

In 2023, General Dynamics reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of General Dynamics's Scope 3 emissions?

In 2023, the largest contributors to General Dynamics's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 183,908 tCO₂e (68.62%)
  • Business Travel (Cat. 6): 56,881 tCO₂e (21.22%)
  • Waste Generated in Operations (Cat. 5): 27,236 tCO₂e (10.16%)

General Dynamics's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(21.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(68.6%)Waste Generated inOperations (Cat. 5)(10.2%)

Insights into General Dynamics’s GHG Emissions Intensity Compared to Industry Peers

In 2023, General Dynamics reported Scope 1 greenhouse gas (GHG) emissions of 323,044 tCO₂e and total revenues of USD 42,272 millions. This translates into an emissions intensity of 7.64 tCO₂e per millions USD. a

General Dynamics's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)Waste Management IncYear: 2023Scope 1: 14,938,730 tCO2eRevenue: $M 20,426Scope 1 Intensity: 731.36 tCO2e/$MLockheed MartinYear: 2024Scope 1: 294,431 tCO2eRevenue: $M 71,043Scope 1 Intensity: 4.14 tCO2e/$MNorthrop GrummanYear: 2024Scope 1: 284,710 tCO2eRevenue: $M 41,033Scope 1 Intensity: 6.94 tCO2e/$MEmerson ElectricYear: 2024Scope 1: 64,976 tCO2eRevenue: $M 17,492Scope 1 Intensity: 3.71 tCO2e/$MCurtiss-WrightYear: 2024Scope 1: 16,477 tCO2eRevenue: $M 3,121Scope 1 Intensity: 5.28 tCO2e/$MTransDigm GroupYear: 2023Scope 1: 42,622 tCO2eRevenue: $M 6,585Scope 1 Intensity: 6.47 tCO2e/$MSpirit AeroSystems HoldingsYear: 2022Scope 1: 135,663 tCO2eRevenue: $M 5,030Scope 1 Intensity: 26.97 tCO2e/$MHowmet AerospaceYear: 2024Scope 1: 390,000 tCO2eRevenue: $M 7,430Scope 1 Intensity: 52.49 tCO2e/$MCarrier GlobalYear: 2024Scope 1: 147,343 tCO2eRevenue: $M 22,486Scope 1 Intensity: 6.55 tCO2e/$M3MYear: 2024Scope 1: 1,500,000 tCO2eRevenue: $M 24,575Scope 1 Intensity: 61.04 tCO2e/$MGeneral ElectricYear: 2024Scope 1: 283,359 tCO2eRevenue: $M 38,702Scope 1 Intensity: 7.32 tCO2e/$MFerguson EnterprisesYear: 2024Scope 1: 163,884 tCO2eRevenue: $M 29,635Scope 1 Intensity: 5.53 tCO2e/$MTextronYear: 2023Scope 1: 241,593 tCO2eRevenue: $M 13,683Scope 1 Intensity: 17.66 tCO2e/$MHuntington Ingalls IndustriesYear: 2024Scope 1: 80,948 tCO2eRevenue: $M 11,535Scope 1 Intensity: 7.02 tCO2e/$MStandardAeroYear: 2024Scope 1: 44,332 tCO2eRevenue: $M 5,237Scope 1 Intensity: 8.46 tCO2e/$ML3Harris TechnologiesYear: 2024Scope 1: 73,961 tCO2eRevenue: $M 21,325Scope 1 Intensity: 3.47 tCO2e/$MWW GraingerYear: 2023Scope 1: 30,000 tCO2eRevenue: $M 16,478Scope 1 Intensity: 1.82 tCO2e/$MQuanta ServicesYear: 2023Scope 1: 984,498 tCO2eRevenue: $M 20,882Scope 1 Intensity: 47.15 tCO2e/$MCumminsYear: 2023Scope 1: 294,863 tCO2eRevenue: $M 34,065Scope 1 Intensity: 8.66 tCO2e/$MBWX TechnologiesYear: 2024Scope 1: 28,506 tCO2eRevenue: $M 2,704Scope 1 Intensity: 10.54 tCO2e/$MRTXYear: 2024Scope 1: 542,229 tCO2eRevenue: $M 80,738Scope 1 Intensity: 6.72 tCO2e/$MHexcelYear: 2024Scope 1: 180,594 tCO2eRevenue: $M 1,903Scope 1 Intensity: 94.90 tCO2e/$MBoeingYear: 2024Scope 1: 517,000 tCO2eRevenue: $M 66,517Scope 1 Intensity: 7.77 tCO2e/$MMoogYear: 2024Scope 1: 12,538 tCO2eRevenue: $M 3,609Scope 1 Intensity: 3.47 tCO2e/$MGeneral DynamicsYear: 2023Scope 1: 323,044 tCO2eRevenue: $M 42,272Scope 1 Intensity: 7.64 tCO2e/$M

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

In 2023, General Dynamics reported a Scope 1 emissions intensity of 7.64 tCO₂e per millions USD. Compared to the peer group median of 7.17 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does General Dynamics rank on GHG emissions intensity within its industry?

In 2023, General Dynamics ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into General Dynamics's Total Carbon Footprint

In 2023, General Dynamics reported a total carbon footprint of 999,391 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.5% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b c

The largest contributor to General Dynamics's total carbon footprint was Scope 2 emissions, accounting for 40.86% of the company's total carbon footprint, followed by Scope 1 emissions at 32.32%. a b

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