In 2024, Himadri Speciality Chemical 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).
Himadri Speciality Chemical 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 409,576.4a | 385,750.52a | 415,144.64a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 0a | 0b | N/A | |
Total Scope 3 | 989,416.73a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 816.2247a | 759.1475a | 1,128.0036a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Himadri Speciality Chemical amounted to 409,576.4 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 Himadri Speciality Chemical increased by 6.18%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Himadri Speciality Chemical were 409,576.4 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Himadri Speciality Chemical's Scope 1 emissions have decreased by 1.34%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Himadri Speciality Chemical's Scope 1 emissions increased by 6.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Himadri Speciality Chemical reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e without specifying the calculation method.a
In 2024, Himadri Speciality Chemical reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Himadri Speciality Chemical reported 989,416.73 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 Himadri Speciality Chemical includes a breakdown across 8 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, Himadri Speciality Chemical reported total Scope 3 emissions of 989,416.73 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
In 2024, Himadri Speciality Chemical 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 2024, the largest contributors to Himadri Speciality Chemical's Scope 3 emissions were:a
In 2024, Himadri Speciality Chemical reported Scope 1 greenhouse gas (GHG) emissions of 409,576.4 tCO₂e and total revenues of USD 502 millions. This translates into an emissions intensity of 816.22 tCO₂e per millions USD.a
In 2024, Himadri Speciality Chemical reported a Scope 1 emissions intensity of 816.22 tCO₂e per millions USD. Compared to the peer group median of 15.82, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Himadri Speciality Chemical ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Himadri Speciality Chemical among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Himadri Speciality Chemical reported a total carbon footprint of 1,398,993.13 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 262.67% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Himadri Speciality Chemical's total carbon footprint was Scope 3 emissions, accounting for 70.72% of the company's total carbon footprint, followed by Scope 1 emissions at 29.28%.a