In 2024, Innolux 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).
Innolux has also provided a category-level breakdown for 8 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 | 79,000a | 109,000b | 117,000a | |
Total Scope 2 | ||||
Market-Based | 2,155,000a | 2,475,000a | N/A | |
Location-Based | 2,224,000a | 2,535,000a | N/A | |
Unspecified Calculation Method | N/A | N/A | 2,605,000a | |
Total Scope 3 | 2,876,000a | 1,648,000a | 1,221,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 11.9534a | 15.7919b | 16.0708a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Innolux amounted to 2,303,000 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 Innolux decreased by 12.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Innolux were 79,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Innolux's Scope 1 emissions have decreased by 77.68%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Innolux's Scope 1 emissions decreased by 27.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Innolux reported Scope 2 greenhouse gas (GHG) emissions of 2,155,000 tCO₂e using the market-based method and 2,224,000 tCO₂e using the location-based method.a
Compared to the previous year (2023), Innolux's Scope 2 emissions (Location-Based) fell by 12.27% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Innolux reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Innolux reported 2,876,000 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 Innolux includes a breakdown across 8 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, Innolux reported total Scope 3 emissions of 2,876,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 98.05% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.95% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Innolux's Scope 3 emissions have increased by 8,887.5%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Innolux's Scope 3 emissions increased by 74.51%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Innolux reported emissions for 8 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 Innolux's Scope 3 emissions were:a
In 2024, Innolux reported Scope 1 greenhouse gas (GHG) emissions of 79,000 tCO₂e and total revenues of USD 6,609 millions. This translates into an emissions intensity of 11.95 tCO₂e per millions USD.a
In 2024, Innolux reported a Scope 1 emissions intensity of 11.95 tCO₂e per millions USD. Compared to the peer group median of 3.74, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Innolux ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Innolux is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Innolux reported a total carbon footprint of 5,179,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.67% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Innolux's total carbon footprint was Scope 3 emissions, accounting for 55.53% of the company's total carbon footprint, followed by Scope 2 emissions at 42.94%.a