In 2023, Hidrovias do Brasil 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).
Hidrovias do Brasil has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 200,874.56a | 211,255.13a | 158,049b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 795.79a | 874.16a | 2,011b | |
Total Scope 3 | 1,196,917.46a | 191,560.5a | 115,009b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 506.2914a | 631.483a | 789.2695b |
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In 2023, the total operational greenhouse gas (GHG) emissions of Hidrovias do Brasil amounted to 201,670.35 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 Hidrovias do Brasil decreased by 4.93%, 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 Hidrovias do Brasil were 200,874.56 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Hidrovias do Brasil's Scope 1 emissions have increased by 27.1%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Hidrovias do Brasil's Scope 1 emissions decreased by 4.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Hidrovias do Brasil reported Scope 2 greenhouse gas (GHG) emissions of 795.79 tCO₂e without specifying the calculation method.a
Since 2021, Hidrovias do Brasil's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 60.43%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Hidrovias do Brasil's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hidrovias do Brasil's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Hidrovias do Brasil reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Hidrovias do Brasil reported 1,196,917.46 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 Hidrovias do Brasil includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Hidrovias do Brasil reported total Scope 3 emissions of 1,196,917.46 metric tons of CO₂ equivalent (tCO₂e).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 2021, Hidrovias do Brasil's Scope 3 emissions have increased by 940.72%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Hidrovias do Brasil's Scope 3 emissions increased by 524.82%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2023, Hidrovias do Brasil reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2023, the largest contributors to Hidrovias do Brasil's Scope 3 emissions were:a
In 2023, Hidrovias do Brasil reported Scope 1 greenhouse gas (GHG) emissions of 200,874.56 tCO₂e and total revenues of USD 397 millions. This translates into an emissions intensity of 506.29 tCO₂e per millions USD.a
In 2023, Hidrovias do Brasil reported a Scope 1 emissions intensity of 506.29 tCO₂e per millions USD. Compared to the peer group median of 26.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Hidrovias do Brasil ranked 26 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Hidrovias do Brasil among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, Hidrovias do Brasil reported a total carbon footprint of 1,398,587.81 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 246.45% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hidrovias do Brasil's total carbon footprint was Scope 3 emissions, accounting for 85.58% of the company's total carbon footprint, followed by Scope 1 emissions at 14.36%.a