HLB Inc
HLB's GHG Emissions Data Preview
In 2024, HLB 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) and Scope 2 (indirect emissions from purchased energy).
However, HLB has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind HLB’s Greenhouse Gas (GHG) Emissions Data
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Insights into HLB's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of HLB amounted to 590.894 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 HLB increased by 20.89%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
HLB's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HLB's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HLB were 130.93 metric tons of CO₂ equivalent (tCO₂e). a
Has HLB reduced its Scope 1 emissions over time?
Since 2021, HLB's Scope 1 emissions have increased by 6.45%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), HLB's Scope 1 emissions increased by 40.28%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are HLB's Scope 2 emissions?
In 2024, HLB reported Scope 2 greenhouse gas (GHG) emissions of 391.052 tCO₂e using the market-based method and 459.964 tCO₂e using the location-based method. a
What methodology does HLB use for Scope 2 reporting?
In 2024, HLB reported its Scope 2 emissions using the market-based method and using the location-based method. a
HLB's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into HLB’s GHG Emissions Intensity Compared to Industry Peers
In 2024, HLB reported Scope 1 greenhouse gas (GHG) emissions of 130.93 tCO₂e and total revenues of USD 46 millions. This translates into an emissions intensity of 2.82 tCO₂e per millions USD. a
HLB's Scope 1 Emissions Intensity Compared to Peers
How does HLB's GHG emissions intensity compare to its peers?
In 2024, HLB reported a Scope 1 emissions intensity of 2.82 tCO₂e per millions USD. Compared to the peer group median of 3.97 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does HLB rank on GHG emissions intensity within its industry?
In 2024, HLB ranked 10 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
HLB is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a