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 |
|---|---|---|
Total Scope 1 | 3,455a | 2,757a |
Total Scope 2 | ||
Location-Based | 14,328a | 15,068a |
Total Scope 3 | 1,371a | 1,779a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 23.3254a | 18.7855a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2024, the total operational greenhouse gas (GHG) emissions of IQE amounted to 17,783 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 IQE decreased by 0.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of IQE were 3,455 metric tons of CO₂ equivalent (tCO₂e).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
In 2024, IQE reported Scope 2 greenhouse gas (GHG) emissions of 14,328 tCO₂e using the location-based method.a
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
In 2024, IQE reported its Scope 2 emissions using the location-based method.a
In 2024, IQE reported 1,371 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 IQE includes a breakdown across 0 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
In 2024, IQE reported Scope 1 greenhouse gas (GHG) emissions of 3,455 tCO₂e and total revenues of USD 148 millions. This translates into an emissions intensity of 23.33 tCO₂e per millions USD.a
In 2024, IQE reported a Scope 1 emissions intensity of 23.33 tCO₂e per millions USD. Compared to the peer group median of 1.91, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, IQE ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places IQE among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, IQE reported a total carbon footprint of 19,154 metric tons of CO₂ equivalent (tCO₂e) 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