Innofactor Oyj
Innofactor's GHG Emissions Data Preview
In 2024, Innofactor 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).
Innofactor 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind Innofactor’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Innofactor’s data sources below and access millions more through our Disclosure Search.
Insights into Innofactor's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Innofactor amounted to 210.4 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 Innofactor increased by 6.69%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Innofactor's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Innofactor's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Innofactor were 9.7 metric tons of CO₂ equivalent (tCO₂e).a
Has Innofactor reduced its Scope 1 emissions over time?
Since 2021, Innofactor's Scope 1 emissions have decreased by 25.38%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Innofactor's Scope 1 emissions increased by 3.19%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Innofactor's Scope 2 emissions?
In 2024, Innofactor reported Scope 2 greenhouse gas (GHG) emissions of 80.5 tCO₂e using the market-based method and 200.7 tCO₂e using the location-based method.a
What methodology does Innofactor use for Scope 2 reporting?
In 2024, Innofactor reported its Scope 2 emissions using the market-based method and using the location-based method.a
Innofactor's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Innofactor's Value Chain Emissions
In 2024, Innofactor reported 370.4 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 Innofactor includes a breakdown across 4 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
Innofactor's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Innofactor's Scope 3 emissions?
In 2024, Innofactor reported total Scope 3 emissions of 370.4 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
Has Innofactor reduced its Scope 3 emissions over time?
Since 2021, Innofactor's Scope 3 emissions have increased by 333.22%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Innofactor's Scope 3 emissions increased by 50.14%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Innofactor disclose?
In 2024, Innofactor 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.
What are the main sources of Innofactor's Scope 3 emissions?
In 2024, the largest contributors to Innofactor's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 156.5 tCO₂e (42.25%)
- Business Travel (Cat. 6): 155.5 tCO₂e (41.98%)
- Purchased Goods and Services (Cat. 1): 44.3 tCO₂e (11.96%)
Innofactor's Scope 3 Emissions by Categories
Insights into Innofactor’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Innofactor reported Scope 1 greenhouse gas (GHG) emissions of 9.7 tCO₂e and total revenues of USD 81 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD.a
Innofactor's Scope 1 Emissions Intensity Compared to Peers
How does Innofactor's GHG emissions intensity compare to its peers?
In 2024, Innofactor reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 0.29, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Innofactor rank on GHG emissions intensity within its industry?
In 2024, Innofactor ranked 5 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Innofactor among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Innofactor's Total Carbon Footprint
In 2024, Innofactor reported a total carbon footprint of 580.8 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.84% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Innofactor's total carbon footprint was Scope 3 emissions, accounting for 63.77% of the company's total carbon footprint, followed by Scope 2 emissions at 34.56%.a