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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Iochpe Maxion's Scope 2 emissions?

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

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.

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

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

Iochpe Maxion's Scope 3 Emissions by Categories

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

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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