In 2024, Keysight Technologies 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).
Keysight Technologies has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 13,298a | 16,161b | 13,179b | |
Total Scope 2 | ||||
Market-Based | 81,780a | 84,493b | 85,707b | |
Location-Based | 82,172a | 82,267b | 79,955b | |
Total Scope 3 | 2,536,332a | 3,625,686c | 3,256,706b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.6708a | 2.9577b | 2.4315b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Keysight Technologies amounted to 95,470 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 Keysight Technologies decreased by 3.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Keysight Technologies were 13,298 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Keysight Technologies's Scope 1 emissions have decreased by 11.65%, reflecting a declining long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2023), Keysight Technologies's Scope 1 emissions decreased by 17.72%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Keysight Technologies reported Scope 2 greenhouse gas (GHG) emissions of 81,780 tCO₂e using the market-based method and 82,172 tCO₂e using the location-based method.a
Since 2019, Keysight Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Keysight Technologies's emissions have plateaued with no significant change in its energy consumption footprint.ad
Compared to the previous year (2023), Keysight Technologies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Keysight Technologies's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Keysight Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Keysight Technologies reported 2,536,332 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 Keysight Technologies includes a breakdown across 11 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, Keysight Technologies reported total Scope 3 emissions of 2,536,332 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 8.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.87% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Keysight Technologies's Scope 3 emissions have increased by 2,206.97%, reflecting a rising long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2023), Keysight Technologies's Scope 3 emissions decreased by 30.05%, highlighting the company's efforts to lower indirect emissions from its value chain.ac
In 2024, Keysight Technologies reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Keysight Technologies's Scope 3 emissions were:a
In 2024, Keysight Technologies reported Scope 1 greenhouse gas (GHG) emissions of 13,298 tCO₂e and total revenues of USD 4,979 millions. This translates into an emissions intensity of 2.67 tCO₂e per millions USD.a
In 2024, Keysight Technologies reported a Scope 1 emissions intensity of 2.67 tCO₂e per millions USD. Compared to the peer group median of 1.5, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Keysight Technologies ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Keysight Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Keysight Technologies reported a total carbon footprint of 2,631,802 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.33% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.abc
The largest contributor to Keysight Technologies's total carbon footprint was Scope 3 emissions, accounting for 96.37% of the company's total carbon footprint, followed by Scope 2 emissions at 3.12%.a