In 2023, Giant Manufacturing 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).
Giant Manufacturing has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Giant Manufacturing amounted to 86,967.49 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 2022, the total operational greenhouse gas (GHG) emissions of Giant Manufacturing decreased by 18.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Giant Manufacturing were 27,520.64 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Giant Manufacturing's Scope 1 emissions have decreased by 22.37%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Giant Manufacturing's Scope 1 emissions decreased by 14.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Giant Manufacturing reported Scope 2 greenhouse gas (GHG) emissions of 59,446.85 tCO₂e using the market-based method and 59,446.85 tCO₂e using the location-based method. a
Since 2021, Giant Manufacturing's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.53%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Giant Manufacturing's Scope 2 emissions (Location-Based) fell by 20.81% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, Giant Manufacturing reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Giant Manufacturing reported 642,484.83 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 Giant Manufacturing includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Giant Manufacturing reported total Scope 3 emissions of 642,484.83 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 90.81% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.19% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2021, Giant Manufacturing's Scope 3 emissions have decreased by 73.84%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Giant Manufacturing's Scope 3 emissions decreased by 40.43%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, Giant Manufacturing reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2023, the largest contributors to Giant Manufacturing's Scope 3 emissions were: a
In 2023, Giant Manufacturing reported Scope 1 greenhouse gas (GHG) emissions of 27,520.64 tCO₂e and total revenues of USD 2,509 millions. This translates into an emissions intensity of 10.97 tCO₂e per millions USD. a
In 2023, Giant Manufacturing reported a Scope 1 emissions intensity of 10.97 tCO₂e per millions USD. Compared to the peer group median of 6.68 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Giant Manufacturing ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Giant Manufacturing is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, Giant Manufacturing reported a total carbon footprint of 729,452.32 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38.49% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Giant Manufacturing's total carbon footprint was Scope 3 emissions, accounting for 88.08% of the company's total carbon footprint, followed by Scope 2 emissions at 8.15%. a