In 2024, IDEAL 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).
IDEAL has also provided a category-level breakdown for 5 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 | 30,304a | 21,288b | 21,260b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 61,090a | 35,134b | 32,656b | |
Total Scope 3 | 2,830,316.81a | 6,758.38a | 6,466.06a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 22.6877a | 13.4532b | 17.2335b |
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In 2024, the total operational greenhouse gas (GHG) emissions of IDEAL amounted to 91,394 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 IDEAL increased by 61.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of IDEAL were 30,304 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, IDEAL's Scope 1 emissions have increased by 42.54%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), IDEAL's Scope 1 emissions increased by 42.35%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, IDEAL reported Scope 2 greenhouse gas (GHG) emissions of 61,090 tCO₂e without specifying the calculation method.a
Since 2022, IDEAL's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 87.07%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), IDEAL's Scope 2 emissions (Unspecified Calculation Method) rose by 73.88% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, IDEAL reported its Scope 2 emissions using an unspecified methodology.a
In 2024, IDEAL reported 2,830,316.81 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 IDEAL includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, IDEAL reported total Scope 3 emissions of 2,830,316.81 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.54% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.46% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, IDEAL's Scope 3 emissions have increased by 43,671.89%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), IDEAL's Scope 3 emissions increased by 41,778.63%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, IDEAL reported emissions for 5 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 IDEAL's Scope 3 emissions were:a
In 2024, IDEAL reported Scope 1 greenhouse gas (GHG) emissions of 30,304 tCO₂e and total revenues of USD 1,336 millions. This translates into an emissions intensity of 22.69 tCO₂e per millions USD.a
In 2024, IDEAL reported a Scope 1 emissions intensity of 22.69 tCO₂e per millions USD. Compared to the peer group median of 6.23, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, IDEAL ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
IDEAL is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, IDEAL reported a total carbon footprint of 2,921,710.81 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4,524.4% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to IDEAL's total carbon footprint was Scope 3 emissions, accounting for 96.87% of the company's total carbon footprint, followed by Scope 2 emissions at 2.09%.a