Gentex Corp

Common Name
Gentex
Country
United States
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
6,184
Ticker
GNTX
Exchange
NASDAQ/NGS
Description
Gentex Corporation specializes in the design and manufacture of automatic-dimming rearview mirrors and electronics for the automotive industry. As a leading supplier, its products enhance vehicle safe...

Gentex's GHG Emissions Data Preview

In 2023, Gentex 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, Gentex 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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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Gentex's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gentex amounted to 116,748 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gentex increased by 8.32%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Gentex's Scope 1 Emissions Over Time

20182019202020212022202303 k6 k9 k12 ktCO2e-9%+17%+3%+17%0%
  • Total Scope 1
  • Year-over-Year Change

What are Gentex's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gentex were 11,751 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Gentex reduced its Scope 1 emissions over time?

Since 2018, Gentex's Scope 1 emissions have increased by 28.69%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Gentex's Scope 1 emissions remained relatively stable, indicating that Gentex's emissions have plateaued with no significant change in its operational footprint.

What are Gentex's Scope 2 emissions?

In 2023, Gentex reported Scope 2 greenhouse gas (GHG) emissions of 99,614 tCOâ‚‚e using the market-based method, and 104,997 tCOâ‚‚e using the location-based method.

Has Gentex reduced its Scope 2 emissions over time?

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

What methodology does Gentex use for Scope 2 reporting?

In 2023, Gentex reported its Scope 2 emissions using the market-based method and using the location-based method.

Gentex's Scope 2 Emissions Over Time

201820192020202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)