In 2024, Inchcape 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).
However, Inchcape 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 | 20,418a | 21,733a | 27,298b | |
Total Scope 2 | ||||
Market-Based | 16,825a | 18,528a | 22,610b | |
Location-Based | 26,576a | 29,105a | 33,205b | |
Total Scope 3 | 14,500,000a | 15,225,451b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.7565a | 1.8191a | 2.784b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Inchcape amounted to 46,994 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 Inchcape decreased by 7.56%, 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 Inchcape were 20,418 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Inchcape's Scope 1 emissions decreased by 6.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Inchcape reported Scope 2 greenhouse gas (GHG) emissions of 16,825 tCO₂e using the market-based method and 26,576 tCO₂e using the location-based method.a
Compared to the previous year (2023), Inchcape's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Inchcape's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Inchcape reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Inchcape reported 14,500,000 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 Inchcape includes a breakdown across 0 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, Inchcape reported total Scope 3 emissions of 14,500,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Inchcape's Scope 3 emissions have decreased by 22.48%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Inchcape's Scope 3 emissions remained relatively stable, indicating that Inchcape's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, Inchcape reported Scope 1 greenhouse gas (GHG) emissions of 20,418 tCO₂e and total revenues of USD 11,624 millions. This translates into an emissions intensity of 1.76 tCO₂e per millions USD.a
In 2024, Inchcape reported a Scope 1 emissions intensity of 1.76 tCO₂e per millions USD. Compared to the peer group median of 2.37, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Inchcape ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Inchcape is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Inchcape reported a total carbon footprint of 14,546,994 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.77% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Inchcape's total carbon footprint was Scope 3 emissions, accounting for 99.68% of the company's total carbon footprint, followed by Scope 2 emissions at 0.18%.a