In 2024, IDEX 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) and Scope 2 (indirect emissions from purchased energy).
However, IDEX has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 17,116a | 15,151a | 13,178a | |
Total Scope 2 | ||||
Market-Based | 50,977a | 51,648a | 29,000a | |
Location-Based | 46,014a | 49,009a | 40,344a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.2362a | 4.6278a | 4.1416a |
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In 2024, the total operational greenhouse gas (GHG) emissions of IDEX amounted to 63,130 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 IDEX decreased by 1.61%, 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 IDEX were 17,116 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, IDEX's Scope 1 emissions have increased by 211.47%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), IDEX's Scope 1 emissions increased by 12.97%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, IDEX reported Scope 2 greenhouse gas (GHG) emissions of 50,977 tCO₂e using the market-based method and 46,014 tCO₂e using the location-based method.a
Compared to the previous year (2023), IDEX's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that IDEX's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, IDEX reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, IDEX reported Scope 1 greenhouse gas (GHG) emissions of 17,116 tCO₂e and total revenues of USD 3,269 millions. This translates into an emissions intensity of 5.24 tCO₂e per millions USD.a
In 2024, IDEX reported a Scope 1 emissions intensity of 5.24 tCO₂e per millions USD. Compared to the peer group median of 6.49, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, IDEX ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
IDEX is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a