In 2023, Hub24 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).
Hub24 has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 2.35a | 2.35a |
Total Scope 2 | ||
Location-Based | 239.89a | 233.14a |
Total Scope 3 | 7,029.62a | 4,924.19a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0128a | 0.018a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.
In 2023, the total operational greenhouse gas (GHG) emissions of Hub24 amounted to 242.24 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 Hub24 increased by 2.87%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Hub24 were 2.35 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Hub24's Scope 1 emissions remained relatively stable, indicating that Hub24's emissions have plateaued with no significant change in its operational footprint.a
In 2023, Hub24 reported Scope 2 greenhouse gas (GHG) emissions of 239.89 tCO₂e using the location-based method.a
Compared to the previous year (2022), Hub24's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hub24's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Hub24 reported its Scope 2 emissions using the location-based method.a
In 2023, Hub24 reported 7,029.62 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 Hub24 includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Hub24 reported total Scope 3 emissions of 7,029.62 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.58% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.42% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), Hub24's Scope 3 emissions increased by 42.76%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2023, Hub24 reported emissions for 10 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 2023, the largest contributors to Hub24's Scope 3 emissions were:a
In 2023, Hub24 reported Scope 1 greenhouse gas (GHG) emissions of 2.35 tCO₂e and total revenues of USD 184 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD.a
In 2023, Hub24 reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 0.26, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Hub24 ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Hub24 among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2023, Hub24 reported a total carbon footprint of 7,271.86 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.94% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hub24's total carbon footprint was Scope 3 emissions, accounting for 96.67% of the company's total carbon footprint, followed by Scope 2 emissions at 3.3%.a