In 2024, 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,941a | 11,758a | 11,740a | |
Total Scope 2 | ||||
Market-Based | 103,747a | 99,972a | 93,291a | |
Location-Based | 108,997a | 105,185a | 96,225a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.7296a | 5.1139a | 6.1179a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Gentex amounted to 119,938 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 Gentex increased by 2.56%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Gentex were 10,941 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Gentex's Scope 1 emissions have increased by 12.83%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Gentex's Scope 1 emissions decreased by 6.95%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Gentex reported Scope 2 greenhouse gas (GHG) emissions of 103,747 tCO₂e using the market-based method and 108,997 tCO₂e using the location-based method.a
Since 2020, Gentex's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 31.65%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), 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.a
In 2024, Gentex reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Gentex reported Scope 1 greenhouse gas (GHG) emissions of 10,941 tCO₂e and total revenues of USD 2,313 millions. This translates into an emissions intensity of 4.73 tCO₂e per millions USD.a
In 2024, Gentex reported a Scope 1 emissions intensity of 4.73 tCO₂e per millions USD. Compared to the peer group median of 14.91, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Gentex ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Gentex is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a