Iveco Group NV
Iveco Group's GHG Emissions Data Preview
In 2024, Iveco Group 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).
Iveco Group has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| 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.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 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.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Iveco Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into Iveco Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Iveco Group amounted to 241,226.23 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 Iveco Group increased by 28.2%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Iveco Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Iveco Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Iveco Group were 130,791.38 metric tons of CO₂ equivalent (tCO₂e). a
Has Iveco Group reduced its Scope 1 emissions over time?
Since 2020, Iveco Group's Scope 1 emissions have increased by 131.99%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Iveco Group's Scope 1 emissions increased by 119.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Iveco Group's Scope 2 emissions?
In 2024, Iveco Group reported Scope 2 greenhouse gas (GHG) emissions of 38,388.95 tCO₂e using the market-based method and 110,434.85 tCO₂e using the location-based method. a
Has Iveco Group reduced its Scope 2 emissions over time?
Since 2020, Iveco Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 17.15%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), Iveco Group's Scope 2 emissions (Location-Based) fell by 14.05% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b
What methodology does Iveco Group use for Scope 2 reporting?
In 2024, Iveco Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
Iveco Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Iveco Group's Value Chain Emissions
In 2024, Iveco Group reported 64,975,487.17 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 Iveco Group includes a breakdown across 7 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
Iveco Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Iveco Group's Scope 3 emissions?
In 2024, Iveco Group reported total Scope 3 emissions of 64,975,487.17 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 6.47% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.53% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Iveco Group reduced its Scope 3 emissions over time?
Since 2020, Iveco Group's Scope 3 emissions have increased by 60,929.9%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), Iveco Group's Scope 3 emissions remained relatively stable, indicating that Iveco Group 's emissions have plateaued with no significant change in its value chain footprint. a b
What categories of Scope 3 emissions does Iveco Group disclose?
In 2024, Iveco Group reported emissions for 7 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 Iveco Group's Scope 3 emissions?
In 2024, the largest contributors to Iveco Group's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 60,357,066.94 tCO₂e (92.89%)
- Purchased Goods and Services (Cat. 1): 3,968,982 tCO₂e (6.11%)
- End-of-Life Treatment of Sold Products (Cat. 12): 415,386 tCO₂e (0.64%)
Iveco Group's Scope 3 Emissions by Categories
Insights into Iveco Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Iveco Group reported Scope 1 greenhouse gas (GHG) emissions of 130,791.38 tCO₂e and total revenues of USD 15,910 millions. This translates into an emissions intensity of 8.22 tCO₂e per millions USD. a
Iveco Group's Scope 1 Emissions Intensity Compared to Peers
How does Iveco Group's GHG emissions intensity compare to its peers?
In 2024, Iveco Group reported a Scope 1 emissions intensity of 8.22 tCO₂e per millions USD. Compared to the peer group median of 7.8 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Iveco Group rank on GHG emissions intensity within its industry?
In 2024, Iveco Group ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Iveco Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Iveco Group's Total Carbon Footprint
In 2024, Iveco Group reported a total carbon footprint of 65,216,713.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.48% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Iveco Group's total carbon footprint was Scope 3 emissions, accounting for 99.63% of the company's total carbon footprint, followed by Scope 1 emissions at 0.2%. a