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In 2023, H+H International 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).
H+H International has also provided a category-level breakdown for 4 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 ofH+H International amounted to122,971metric 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 H+H Internationaldecreased by 34.48%, 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 H+H International were 93,602 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, H+H International's Scope 1 emissions have decreased by 39.17%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2022), H+H International's Scope 1 emissions decreased by 34.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, H+H International reported Scope 2 greenhouse gas (GHG) emissions of 15,198 tCOâ‚‚e using the market-based method and 29,369 tCOâ‚‚e using the location-based method.a
Since 2019, H+H International's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 50.31%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2022), H+H International's Scope 2 emissions(Location-Based) fell by 35.74% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, H+H International reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, H+H International reported 442,582 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 H+H International includes a breakdown across 4of 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, H+H International reported total Scope 3 emissions of 442,582 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, H+H International's Scope 3 emissionshave decreased by 41.64%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), H+H International's Scope 3 emissions decreased by 35.69%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, H+H International reported emissions for 4 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.
In 2023, the largest contributors to H+H International's Scope 3 emissions were:a
In 2023, H+H International reported Scope 1 greenhouse gas (GHG) emissions of 93,602 tCOâ‚‚e and total revenues of USD 396 millions. This translates into an emissions intensity of 236.56 tCOâ‚‚e per millions USD.a
In 2023, H+H International reported a Scope 1 emissions intensity of 236.56 tCOâ‚‚e per millions USD. Compared to the peer group median of 4,331.65, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, H+H International ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
H+H International is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, H+H International reported a total carbon footprint of 565,553 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35.43% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to H+H International's total carbon footprint was Scope 3 emissions, accounting for 78.26% of the company's total carbon footprint, followed by Scope 1 emissions at 16.55%.a