In 2024, Hill and Smith 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).
Hill and Smith has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 38,601a | 38,700a | 38,420a | |
Total Scope 2 | ||||
Market-Based | 9,532a | 10,692a | 10,905a | |
Location-Based | 14,058a | 13,906a | 13,306a | |
Total Scope 3 | 1,016,734a | 862,259a | 1,007,641a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 35.9724a | 36.6246a | 43.5284a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hill and Smith amounted to 52,659 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 2023, the total operational greenhouse gas (GHG) emissions of Hill and Smith increased by 0.1%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Hill and Smith were 38,601 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Hill and Smith's Scope 1 emissions have decreased by 5.29%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Hill and Smith's Scope 1 emissions remained relatively stable, indicating that Hill and Smith's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Hill and Smith reported Scope 2 greenhouse gas (GHG) emissions of 9,532 tCO₂e using the market-based method and 14,058 tCO₂e using the location-based method.a
Since 2020, Hill and Smith's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Hill and Smith's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Hill and Smith's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hill and Smith's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Hill and Smith reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Hill and Smith reported 1,016,734 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 2024 disclosure of Hill and Smith includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Hill and Smith reported total Scope 3 emissions of 1,016,734 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 44.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 55.47% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Hill and Smith's Scope 3 emissions increased by 17.92%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Hill and Smith reported emissions for 12 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 2024, the largest contributors to Hill and Smith's Scope 3 emissions were:a
In 2024, Hill and Smith reported Scope 1 greenhouse gas (GHG) emissions of 38,601 tCO₂e and total revenues of USD 1,073 millions. This translates into an emissions intensity of 35.97 tCO₂e per millions USD.a
In 2024, Hill and Smith reported a Scope 1 emissions intensity of 35.97 tCO₂e per millions USD. Compared to the peer group median of 6.34, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Hill and Smith ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hill and Smith is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Hill and Smith reported a total carbon footprint of 1,069,393 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.89% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hill and Smith's total carbon footprint was Scope 3 emissions, accounting for 95.08% of the company's total carbon footprint, followed by Scope 1 emissions at 3.61%.a