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In 2024, Karnell 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).
Karnell Group has also provided a category-level breakdown for 4 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofKarnell Group amounted to1,791metric 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 Karnell Groupincreased by 47.77%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Karnell Group were 1,061 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Karnell Group's Scope 1 emissions remained relatively stable, indicating that Karnell Group's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Karnell Group reported Scope 2 greenhouse gas (GHG) emissions of 796 tCOâ‚‚e using the market-based method and 730 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2023), Karnell Group's Scope 2 emissions(Location-Based) rose by 417.73% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Karnell Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Karnell Group reported 87,653 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 Karnell Group includes a breakdown across 4of 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, Karnell Group reported total Scope 3 emissions of 87,653 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Compared to the previous year (2023), Karnell Group's Scope 3 emissions increased by 67.37%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Karnell Group reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Karnell Group's Scope 3 emissions were:a
In 2024, Karnell Group reported Scope 1 greenhouse gas (GHG) emissions of 1,061 tCOâ‚‚e and total revenues of USD 127 millions. This translates into an emissions intensity of 8.34 tCOâ‚‚e per millions USD.a
In 2024, Karnell Group reported a Scope 1 emissions intensity of 8.34 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.41, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Karnell Group ranked 15 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Karnell Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Karnell Group reported a total carbon footprint of 89,444 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 66.93% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Karnell Group's total carbon footprint was Scope 3 emissions, accounting for 98% of the company's total carbon footprint, followed by Scope 1 emissions at 1.19%.a