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Glaston Oyj Abp

Country
Finland
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
792
Ticker
GLA1V
Exchange
NASDAQ HELSINKI LTD
Description
Glaston Oyj Abp is a Finnish industrial machinery company specializing in the development, manufacturing, and servicing of advanced glass processing machines and equipment. Established in 1870 and hea...

Glaston Oyj Abp's GHG Emissions Data Preview

In 2023, Glaston Oyj Abp 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).

Glaston Oyj Abp 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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0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Glaston Oyj Abp’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 Glaston Oyj Abp’s data sources below and access millions more through our Disclosure Search.

a. Glaston Oyj Abp's Sustainability Report 2023
a. Glaston Oyj Abp's Sustainability Report 2023
b. Glaston Oyj Abp's Sustainability Report 2022
b. Glaston Oyj Abp's Sustainability Report 2022

Insights into Glaston Oyj Abp's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofGlaston Oyj Abp amounted to1,238metric 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 Glaston Oyj Abpdecreased by 16.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Glaston Oyj Abp's Scope 1 Emissions Over Time

20202021202220230200400600800tCO2e+4%-15%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Glaston Oyj Abp's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Glaston Oyj Abp were 552 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Glaston Oyj Abp reduced its Scope 1 emissions over time?

Since 2020, Glaston Oyj Abp's Scope 1 emissions have decreased by 18.58%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2022), Glaston Oyj Abp's Scope 1 emissions decreased by 8.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Glaston Oyj Abp's Scope 2 emissions?

In 2023, Glaston Oyj Abp reported Scope 2 greenhouse gas (GHG) emissions of 686 tCOâ‚‚e without specifying the calculation method.a

Has Glaston Oyj Abp reduced its Scope 2 emissions over time?

Since 2020, Glaston Oyj Abp's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 67.32%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2022), Glaston Oyj Abp's Scope 2 emissions(Unspecified Calculation Method) fell by 22.57% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Glaston Oyj Abp use for Scope 2 reporting?

In 2023, Glaston Oyj Abp reported its Scope 2 emissions using an unspecified methodology.a

Glaston Oyj Abp's Scope 2 Emissions Over Time

202020212022202305501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Glaston Oyj Abp's Value Chain Emissions

In 2023, Glaston Oyj Abp reported 322,644 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Glaston Oyj Abp includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Glaston Oyj Abp's Scope 3 Emissions Over Time

2021202220230200 k400 k600 k800 ktCO2e+138%-53%
  • Total Scope 3
  • Year-over-Year Change

What are Glaston Oyj Abp's Scope 3 emissions?

In 2023, Glaston Oyj Abp reported total Scope 3 emissions of 322,644 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 17.35%of these emissions originated from upstream activities such as purchased goods and capital goods, while 82.65%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2022), Glaston Oyj Abp's Scope 3 emissions decreased by 52.84%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Glaston Oyj Abp disclose?

In 2023, Glaston Oyj Abp 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 Glaston Oyj Abp's Scope 3 emissions?

In 2023, the largest contributors to Glaston Oyj Abp's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 261,341.64 tCOâ‚‚e(81%)
  • Purchased Goods and Services (Cat. 1): 54,849.48 tCOâ‚‚e(17%)
  • Other/Unspecified Sources: 6,452.88 tCOâ‚‚e(2%)

Glaston Oyj Abp's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(17.0%)Use of Sold Products(Cat. 11)(81.0%)Other/UnspecifiedSources(2.0%)

Insights into Glaston Oyj Abp’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Glaston Oyj Abp reported Scope 1 greenhouse gas (GHG) emissions of 552 tCOâ‚‚e and total revenues of USD 243 millions. This translates into an emissions intensity of 2.27 tCOâ‚‚e per millions USD.a

Glaston Oyj Abp's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)ConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MValmetYear: 2024Scope 1: 20,395 tCO2eRevenue: $M 5,577Scope 1 Intensity: 3.66 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MPonsseYear: 2024Scope 1: 3,497 tCO2eRevenue: $M 781Scope 1 Intensity: 4.48 tCO2e/$MKreate GroupYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 287Scope 1 Intensity: 13.25 tCO2e/$MDovre GroupYear: 2024Scope 1: 1,710 tCO2eRevenue: $M 103Scope 1 Intensity: 16.54 tCO2e/$MKalmarYear: 2024Scope 1: 8,100 tCO2eRevenue: $M 1,790Scope 1 Intensity: 4.52 tCO2e/$MKoneYear: 2024Scope 1: 112,500 tCO2eRevenue: $M 11,549Scope 1 Intensity: 9.74 tCO2e/$MWartsila Oyj AbpYear: 2024Scope 1: 37,066 tCO2eRevenue: $M 6,711Scope 1 Intensity: 5.52 tCO2e/$MAspoYear: 2024Scope 1: 179,675 tCO2eRevenue: $M 617Scope 1 Intensity: 291.36 tCO2e/$MScanfilYear: 2024Scope 1: 1,706 tCO2eRevenue: $M 812Scope 1 Intensity: 2.10 tCO2e/$MEtteplanYear: 2024Scope 1: 362 tCO2eRevenue: $M 376Scope 1 Intensity: 0.96 tCO2e/$MRauteYear: 2023Scope 1: 365 tCO2eRevenue: $M 161Scope 1 Intensity: 2.27 tCO2e/$MSitowise GroupYear: 2024Scope 1: 96 tCO2eRevenue: $M 201Scope 1 Intensity: 0.48 tCO2e/$MViking Line AbpYear: 2024Scope 1: 252,448 tCO2eRevenue: $M 500Scope 1 Intensity: 504.99 tCO2e/$MLassila & TikanojaYear: 2024Scope 1: 26,450 tCO2eRevenue: $M 802Scope 1 Intensity: 32.98 tCO2e/$MComponentaYear: 2024Scope 1: 4,037 tCO2eRevenue: $M 101Scope 1 Intensity: 39.93 tCO2e/$MSRV YhtiotYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 675Scope 1 Intensity: 1.69 tCO2e/$MHiabYear: 2024Scope 1: 13,627 tCO2eRevenue: $M 1,714Scope 1 Intensity: 7.95 tCO2e/$MEnento GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 156Scope 1 Intensity: 0.09 tCO2e/$MFinnairYear: 2024Scope 1: 3,459,576 tCO2eRevenue: $M 3,173Scope 1 Intensity: 1,090.45 tCO2e/$MGlaston Oyj AbpYear: 2023Scope 1: 552 tCO2eRevenue: $M 243Scope 1 Intensity: 2.27 tCO2e/$M

How does Glaston Oyj Abp's GHG emissions intensity compare to its peers?

In 2023, Glaston Oyj Abp reported a Scope 1 emissions intensity of 2.27 tCOâ‚‚e per millions USD. Compared to the peer group median of 6, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Glaston Oyj Abp rank on GHG emissions intensity within its industry?

In 2023, Glaston Oyj Abp ranked 7 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Glaston Oyj Abp's Total Carbon Footprint

In 2023, Glaston Oyj Abp reported a total carbon footprint of 323,882 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52.76% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Glaston Oyj Abp's total carbon footprint was Scope 3 emissions, accounting for 99.62% of the company's total carbon footprint, followed by Scope 2 emissions at 0.21%.a

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