In 2024, Hunting 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).
Hunting has also provided a category-level breakdown for 4 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 | 3,630a | 4,169a | 5,778a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 18,603a | 18,430a | 16,644a | |
Total Scope 3 | 534,835a | 353,346a | 277,143a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.4608a | 4.4871a | 10.7995a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hunting amounted to 22,233 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 Hunting decreased by 1.62%, 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 Hunting were 3,630 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Hunting's Scope 1 emissions have decreased by 48.87%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Hunting's Scope 1 emissions decreased by 12.93%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Hunting reported Scope 2 greenhouse gas (GHG) emissions of 18,603 tCO₂e without specifying the calculation method.a
Since 2019, Hunting's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 35.35%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Hunting's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hunting's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Hunting reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Hunting reported 534,835 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 Hunting includes a breakdown across 4 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, Hunting reported total Scope 3 emissions of 534,835 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
Compared to the previous year (2023), Hunting's Scope 3 emissions increased by 51.36%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Hunting reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Hunting's Scope 3 emissions were:a
In 2024, Hunting reported Scope 1 greenhouse gas (GHG) emissions of 3,630 tCO₂e and total revenues of USD 1,049 millions. This translates into an emissions intensity of 3.46 tCO₂e per millions USD.a
In 2024, Hunting reported a Scope 1 emissions intensity of 3.46 tCO₂e per millions USD. Compared to the peer group median of 23.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Hunting ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Hunting among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Hunting reported a total carbon footprint of 557,068 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 48.18% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hunting's total carbon footprint was Scope 3 emissions, accounting for 96.01% of the company's total carbon footprint, followed by Scope 2 emissions at 3.34%.a