Gentherm Inc

Common Name
Gentherm
Country
United States
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
14,000
Ticker
THRM
Exchange
NASDAQ/NGS
Description
Gentherm Inc. is a global technology and manufacturing company that specializes in the design and production of thermal management technologies. Its primary purpose is to develop climate comfort solut...

Gentherm's GHG Emissions Data Preview

In 2022, Gentherm 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).

Gentherm has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 Gentherm's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Gentherm amounted to 33,889 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 2021, the total operational greenhouse gas (GHG) emissions of Gentherm increased by 3.63%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Gentherm's Scope 1 Emissions Over Time

201920202021202205001 k1.5 k2 ktCO2e+12%+37%
  • Total Scope 1
  • Year-over-Year Change

What are Gentherm's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Gentherm were 1,934 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2021), Gentherm's Scope 1 emissions increased by 37.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Gentherm's Scope 2 emissions?

In 2022, Gentherm reported Scope 2 greenhouse gas (GHG) emissions of 31,955 tCOâ‚‚e without specifying the calculation method.

Has Gentherm reduced its Scope 2 emissions over time?

Since 2019, Gentherm's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 11.95%, reflecting a rising long-term trend in Scope 2 emissions over time.

What methodology does Gentherm use for Scope 2 reporting?

In 2022, Gentherm reported its Scope 2 emissions using an unspecified methodology.

Gentherm's Scope 2 Emissions Over Time

201920202021202208 k16 k24 k32 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Gentherm's Value Chain Emissions

In 2022, Gentherm reported 2,057,855 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Gentherm includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, down from 14 in 2021, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Gentherm's Scope 3 Emissions Over Time

202120220550 k1.1 M1.65 M2.2 MtCO2e+15%
  • Total Scope 3
  • Year-over-Year Change

What are Gentherm's Scope 3 emissions?

In 2022, Gentherm reported total Scope 3 emissions of 2,057,855 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 34.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 65.02% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2021), Gentherm's Scope 3 emissions increased by 14.69%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Gentherm disclose?

In 2022, Gentherm reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2022, the largest contributors to Gentherm's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 1,320,884 tCOâ‚‚e (64.19%)
  • Purchased Goods and Services (Cat. 1): 592,510 tCOâ‚‚e (28.79%)
  • Upstream Transportation and Distribution (Cat. 4): 75,796 tCOâ‚‚e (3.68%)

Gentherm's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(64.2%)UpstreamTransportation andDistribution(Cat. 4)(3.7%)Purchased Goods andServices (Cat. 1)(28.8%)

Insights into Gentherm's Total Carbon Footprint

In 2022, Gentherm reported a total carbon footprint of 2,091,744 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.49% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Gentherm's total carbon footprint was Scope 3 emissions, accounting for 98.38% of the company's total carbon footprint, followed by Scope 2 emissions at 1.53%.