In 2024, Huber+Suhner 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).
Huber+Suhner has also provided a category-level breakdown for 7 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 | 3,150a | 3,638a | 3,572a | |
Total Scope 2 | ||||
Market-Based | 2,978a | 4,097a | 5,931a | |
Location-Based | 10,016a | 8,862a | 9,274a | |
Total Scope 3 | 209,384a | 189,920a | 182,454a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.1911a | 3.5963a | 3.4588a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Huber+Suhner amounted to 13,166 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 Huber+Suhner increased by 5.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Huber+Suhner were 3,150 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Huber+Suhner's Scope 1 emissions have decreased by 10.59%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Huber+Suhner's Scope 1 emissions decreased by 13.41%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Huber+Suhner reported Scope 2 greenhouse gas (GHG) emissions of 2,978 tCO₂e using the market-based method and 10,016 tCO₂e using the location-based method.a
Compared to the previous year (2023), Huber+Suhner's Scope 2 emissions (Location-Based) rose by 13.02% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Huber+Suhner reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Huber+Suhner reported 209,384 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 Huber+Suhner includes a breakdown across 7 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, Huber+Suhner reported total Scope 3 emissions of 209,384 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
Since 2019, Huber+Suhner's Scope 3 emissions have increased by 257.1%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Huber+Suhner's Scope 3 emissions increased by 10.25%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Huber+Suhner reported emissions for 7 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 Huber+Suhner's Scope 3 emissions were:a
In 2024, Huber+Suhner reported Scope 1 greenhouse gas (GHG) emissions of 3,150 tCO₂e and total revenues of USD 987 millions. This translates into an emissions intensity of 3.19 tCO₂e per millions USD.a
In 2024, Huber+Suhner reported a Scope 1 emissions intensity of 3.19 tCO₂e per millions USD. Compared to the peer group median of 0.88, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Huber+Suhner ranked 17 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Huber+Suhner is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Huber+Suhner reported a total carbon footprint of 222,550 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.94% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Huber+Suhner's total carbon footprint was Scope 3 emissions, accounting for 94.08% of the company's total carbon footprint, followed by Scope 2 emissions at 4.5%.a