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IQE PLC
IQE's GHG Emissions Data Preview
In 2024, IQE 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, IQE 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind IQE’s Greenhouse Gas (GHG) Emissions Data
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Insights into IQE's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofIQE amounted to17,783metric 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 IQEdecreased by 0.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
IQE's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are IQE's Scope 1 emissions?
In 2024, the total Scope 1 emissions of IQE were 3,455 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), IQE's Scope 1 emissions increased by 25.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are IQE's Scope 2 emissions?
In 2024, IQE reported Scope 2 greenhouse gas (GHG) emissions of 14,328 tCOâ‚‚e using the location-based method.a
Has IQE reduced its Scope 2 emissions over time?
Compared to the previous year(2023), IQE's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that IQE's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does IQE use for Scope 2 reporting?
In 2024, IQE reported its Scope 2 emissions using the location-based method.a
IQE's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into IQE's Value Chain Emissions
In 2024, IQE reported 1,371 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of IQE includes a breakdown across 0of 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
IQE's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
Insights into IQE’s GHG Emissions Intensity Compared to Industry Peers
In 2024, IQE reported Scope 1 greenhouse gas (GHG) emissions of 3,455 tCOâ‚‚e and total revenues of USD 148 millions. This translates into an emissions intensity of 23.33 tCOâ‚‚e per millions USD.a
IQE's Scope 1 Emissions Intensity Compared to Peers
How does IQE's GHG emissions intensity compare to its peers?
In 2024, IQE reported a Scope 1 emissions intensity of 23.33 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.43, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does IQE rank on GHG emissions intensity within its industry?
In 2024, IQE ranked 21 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places IQE among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into IQE's Total Carbon Footprint
In 2024, IQE reported a total carbon footprint of 19,154 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.3% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to IQE's total carbon footprint was Scope 2 emissions, accounting for 74.8% of the company's total carbon footprint, followed by Scope 1 emissions at 18.04%.a