Iochpe Maxion SA

Common Name
Iochpe Maxion
Country
Brazil
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
5,056
Ticker
MYPK3
Exchange
B3 S.A.
Description
Iochpe-Maxion S.A. is a Brazilian industrial company prominently engaged in the manufacturing of automotive components. The company specializes in producing wheels and structural components for vehicl...

Iochpe Maxion's GHG Emissions Data Preview

In 2023, Iochpe Maxion 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).

Iochpe Maxion has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Iochpe Maxion’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 Iochpe Maxion’s data sources below and access millions more through our Disclosure Search.

a. Iochpe Maxion's Sustainability Report 2023
a. Iochpe Maxion's Sustainability Report 2023
b. Iochpe Maxion's Sustainability Report 2022
b. Iochpe Maxion's Sustainability Report 2022

Insights into Iochpe Maxion's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Iochpe Maxion amounted to 416,672.9 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 2022, the total operational greenhouse gas (GHG) emissions of Iochpe Maxion increased by 6.7%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Iochpe Maxion's Scope 1 Emissions Over Time

20192020202120222023050 k100 k150 k200 ktCO2e-22%+20%-2%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Iochpe Maxion's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Iochpe Maxion were 174,516.8 metric tons of CO₂ equivalent (tCO₂e). a

Has Iochpe Maxion reduced its Scope 1 emissions over time?

Since 2019, Iochpe Maxion's Scope 1 emissions have decreased by 6.41%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Iochpe Maxion's Scope 1 emissions increased by 2.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Iochpe Maxion's Scope 2 emissions?

In 2023, Iochpe Maxion reported Scope 2 greenhouse gas (GHG) emissions of 114,599.3 tCO₂e using the market-based method and 242,156.1 tCO₂e using the location-based method. a

Has Iochpe Maxion reduced its Scope 2 emissions over time?

Since 2019, Iochpe Maxion's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Iochpe Maxion 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Iochpe Maxion's Scope 2 emissions (Location-Based) rose by 10.33% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Iochpe Maxion use for Scope 2 reporting?

In 2023, Iochpe Maxion reported its Scope 2 emissions using the market-based method and using the location-based method. a

Iochpe Maxion's Scope 2 Emissions Over Time

20192020202120222023070 k140 k210 k280 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Iochpe Maxion's Value Chain Emissions

In 2023, Iochpe Maxion reported 3,559,753.3 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 2023 disclosure of Iochpe Maxion includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Iochpe Maxion's Scope 3 Emissions Over Time

2019202020212022202301.5 M3 M4.5 M6 MtCO2e-74%+97%+58%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Iochpe Maxion's Scope 3 emissions?

In 2023, Iochpe Maxion reported total Scope 3 emissions of 3,559,753.3 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 Iochpe Maxion reduced its Scope 3 emissions over time?

Since 2019, Iochpe Maxion's Scope 3 emissions have decreased by 17.01%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Iochpe Maxion's Scope 3 emissions remained relatively stable, indicating that Iochpe Maxion 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Iochpe Maxion disclose?

In 2023, Iochpe Maxion reported emissions for 6 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.

What are the main sources of Iochpe Maxion's Scope 3 emissions?

In 2023, the largest contributors to Iochpe Maxion's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,570,274.4 tCO₂e (99.18%)
  • Downstream Transportation and Distribution (Cat. 9): 14,557.5 tCO₂e (0.4%)
  • Employee Commuting (Cat. 7): 9,386 tCO₂e (0.26%)

Iochpe Maxion's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(99.2%)

Insights into Iochpe Maxion’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Iochpe Maxion reported Scope 1 greenhouse gas (GHG) emissions of 174,516.8 tCO₂e and total revenues of USD 3,083 millions. This translates into an emissions intensity of 56.6 tCO₂e per millions USD. a

Iochpe Maxion's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)AZUNO MindaYear: 2024Scope 1: 348,704 tCO2eRevenue: $M 1,668Scope 1 Intensity: 209.05 tCO2e/$MJost WerkeYear: 2024Scope 1: 12,648 tCO2eRevenue: $M 1,113Scope 1 Intensity: 11.37 tCO2e/$MSaf-Holland SeYear: 2023Scope 1: 9,290 tCO2eRevenue: $M 2,331Scope 1 Intensity: 3.99 tCO2e/$MTS TechYear: 2023Scope 1: 7,083 tCO2eRevenue: $M 3,072Scope 1 Intensity: 2.31 tCO2e/$MREPT BATTERO EnergyYear: 2023Scope 1: 58,334 tCO2eRevenue: $M 1,761Scope 1 Intensity: 33.13 tCO2e/$MApollo TyresYear: 2025Scope 1: 275,903 tCO2eRevenue: $M 3,017Scope 1 Intensity: 91.44 tCO2e/$MSailun GroupYear: 2023Scope 1: 11,465 tCO2eRevenue: $M 3,655Scope 1 Intensity: 3.14 tCO2e/$MZhejiang Shuanghuan DrivelineYear: 2023Scope 1: 20,864 tCO2eRevenue: $M 1,136Scope 1 Intensity: 18.37 tCO2e/$MLinamarYear: 2023Scope 1: 160,057 tCO2eRevenue: $M 7,352Scope 1 Intensity: 21.77 tCO2e/$MAAAnhui Zhongding Sealing PartsYear: 2023Scope 1: 17,031 tCO2eRevenue: $M 2,426Scope 1 Intensity: 7.02 tCO2e/$MMRFYear: 2025Scope 1: 594,035 tCO2eRevenue: $M 3,274Scope 1 Intensity: 181.43 tCO2e/$MGarrett MotionYear: 2023Scope 1: 5,835 tCO2eRevenue: $M 3,886Scope 1 Intensity: 1.50 tCO2e/$MDorman ProductsYear: 2024Scope 1: 15,593 tCO2eRevenue: $M 2,009Scope 1 Intensity: 7.76 tCO2e/$MGentexYear: 2024Scope 1: 10,941 tCO2eRevenue: $M 2,313Scope 1 Intensity: 4.73 tCO2e/$MHyundai WiaYear: 2023Scope 1: 17,009 tCO2eRevenue: $M 6,723Scope 1 Intensity: 2.53 tCO2e/$MMAHLE Metal LeveYear: 2023Scope 1: 186,000 tCO2eRevenue: $M 895Scope 1 Intensity: 207.92 tCO2e/$MGenthermYear: 2022Scope 1: 1,934 tCO2eRevenue: $M 1,205Scope 1 Intensity: 1.61 tCO2e/$MFuyao Glass Industry GroupYear: 2023Scope 1: 1,030,353 tCO2eRevenue: $M 4,666Scope 1 Intensity: 220.82 tCO2e/$MBremboYear: 2024Scope 1: 108,135 tCO2eRevenue: $M 4,015Scope 1 Intensity: 26.93 tCO2e/$MHanon SystemsYear: 2024Scope 1: 52,321 tCO2eRevenue: $M 6,814Scope 1 Intensity: 7.68 tCO2e/$MZZZongshenYear: 2023Scope 1: 15,034 tCO2eRevenue: $M 1,147Scope 1 Intensity: 13.11 tCO2e/$MCheng Shin Rubber Ind.Year: 2024Scope 1: 72,989 tCO2eRevenue: $M 2,938Scope 1 Intensity: 24.84 tCO2e/$MMabuchi MotorYear: 2023Scope 1: 2,926 tCO2eRevenue: $M 1,263Scope 1 Intensity: 2.32 tCO2e/$MNifcoYear: 2023Scope 1: 666 tCO2eRevenue: $M 2,415Scope 1 Intensity: 0.28 tCO2e/$MIochpe MaxionYear: 2023Scope 1: 174,517 tCO2eRevenue: $M 3,083Scope 1 Intensity: 56.60 tCO2e/$M

How does Iochpe Maxion's GHG emissions intensity compare to its peers?

In 2023, Iochpe Maxion reported a Scope 1 emissions intensity of 56.6 tCO₂e per millions USD. Compared to the peer group median of 9.56 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Iochpe Maxion rank on GHG emissions intensity within its industry?

In 2023, Iochpe Maxion ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Iochpe Maxion among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Iochpe Maxion's Total Carbon Footprint

In 2023, Iochpe Maxion reported a total carbon footprint of 3,976,426.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.31% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Iochpe Maxion's total carbon footprint was Scope 3 emissions, accounting for 89.52% of the company's total carbon footprint, followed by Scope 2 emissions at 6.09%. a

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