In 2024, H.U. Group Holdings 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.U. Group Holdings has also provided a category-level breakdown for 15 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 | 7,367a | 8,933a | 14,020a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 28,664a | 32,486a | 34,561a | |
Total Scope 3 | 270,047.411a | 259,462.629a | 329,040.951a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.7084a | 4.5606a | 6.2677a |
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In 2024, the total operational greenhouse gas (GHG) emissions of H.U. Group Holdings amounted to 36,031 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 H.U. Group Holdings decreased by 13.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of H.U. Group Holdings were 7,367 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, H.U. Group Holdings's Scope 1 emissions have decreased by 34%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), H.U. Group Holdings's Scope 1 emissions decreased by 17.53%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, H.U. Group Holdings reported Scope 2 greenhouse gas (GHG) emissions of 28,664 tCO₂e without specifying the calculation method.a
Since 2019, H.U. Group Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 29.77%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), H.U. Group Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 11.77% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, H.U. Group Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, H.U. Group Holdings reported 270,047.411 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 H.U. Group Holdings includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, H.U. Group Holdings reported total Scope 3 emissions of 270,047.411 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 95% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, H.U. Group Holdings's Scope 3 emissions have decreased by 18.51%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), H.U. Group Holdings's Scope 3 emissions remained relatively stable, indicating that H.U. Group Holdings's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, H.U. Group Holdings reported emissions for 15 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 H.U. Group Holdings's Scope 3 emissions were:a
In 2024, H.U. Group Holdings reported Scope 1 greenhouse gas (GHG) emissions of 7,367 tCO₂e and total revenues of USD 1,565 millions. This translates into an emissions intensity of 4.71 tCO₂e per millions USD.a
In 2024, H.U. Group Holdings reported a Scope 1 emissions intensity of 4.71 tCO₂e per millions USD. Compared to the peer group median of 4.65, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, H.U. Group Holdings ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
H.U. Group Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, H.U. Group Holdings reported a total carbon footprint of 306,078.411 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.73% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to H.U. Group Holdings's total carbon footprint was Scope 3 emissions, accounting for 88.23% of the company's total carbon footprint, followed by Scope 2 emissions at 9.36%.a