In 2025, 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) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,313a | 1,063a | 1,071a | |
Total Scope 2 | ||||
Market-Based | 2,542a | 796a | 479a | |
Location-Based | 683a | 730a | 141a | |
Total Scope 3 | 78,125a | 87,653a | 52,371a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 7.1563a | 8.3536a | 9.7959a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Karnell Group amounted to 1,996 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 2024, the total operational greenhouse gas (GHG) emissions of Karnell Group increased by 11.32%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Karnell Group were 1,313 metric tons of CO₂ equivalent (tCO₂e).a
Since 2023, Karnell Group's Scope 1 emissions have increased by 22.6%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Karnell Group's Scope 1 emissions increased by 23.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Karnell Group reported Scope 2 greenhouse gas (GHG) emissions of 2,542 tCO₂e using the market-based method and 683 tCO₂e using the location-based method.a
Since 2023, Karnell Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 384.4%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), Karnell Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Karnell Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, Karnell Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Karnell Group reported 78,125 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 2025 disclosure of Karnell Group includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Karnell Group reported total Scope 3 emissions of 78,125 metric tons of CO₂ equivalent (tCO₂e).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
Since 2023, Karnell Group's Scope 3 emissions have increased by 49.18%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), Karnell Group's Scope 3 emissions decreased by 10.87%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2025, 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 2025, the largest contributors to Karnell Group's Scope 3 emissions were:a
In 2025, Karnell Group reported Scope 1 greenhouse gas (GHG) emissions of 1,313 tCO₂e and total revenues of USD 183 millions. This translates into an emissions intensity of 7.16 tCO₂e per millions USD.a
In 2025, Karnell Group reported a Scope 1 emissions intensity of 7.16 tCO₂e per millions USD. Compared to the peer group median of 17.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, Karnell Group ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2025, Karnell Group reported a total carbon footprint of 80,121 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.43% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Karnell Group's total carbon footprint was Scope 3 emissions, accounting for 97.51% of the company's total carbon footprint, followed by Scope 1 emissions at 1.64%.a