Lear Corp

Common Name
Lear
Country
United States
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
173,700
Ticker
LEA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Lear Corporation is a prominent global automotive technology company that specializes in seating and electrical and electronic systems. Serving a broad array of customers worldwide, Lear is instrument...

Lear's GHG Emissions Data Preview

In 2023, Lear 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).

Lear has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Lear's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lear amounted to 385,863 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Lear increased by 3.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Lear's Scope 1 Emissions Over Time

201820192020202120222023030 k60 k90 k120 ktCO2e-1%-21%+5%-4%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Lear's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lear were 86,296 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Lear reduced its Scope 1 emissions over time?

Since 2018, Lear's Scope 1 emissions have decreased by 22.85%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Lear's Scope 1 emissions decreased by 1.92%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Lear's Scope 2 emissions?

In 2023, Lear reported Scope 2 greenhouse gas (GHG) emissions of 299,567 tCOâ‚‚e using the market-based method.

Has Lear reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Lear's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Lear 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Lear use for Scope 2 reporting?

In 2023, Lear reported its Scope 2 emissions using the market-based method.

Lear's Scope 2 Emissions Over Time

2018201920202021202220230100 k200 k300 k400 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Lear's Value Chain Emissions

In 2023, Lear reported 9,493,459 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Lear includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Lear's Scope 3 Emissions Over Time

201920212022202302.5 M5 M7.5 M10 MtCO2e-9%+8%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Lear's Scope 3 emissions?

In 2023, Lear reported total Scope 3 emissions of 9,493,459 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 91.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.61% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Lear's Scope 3 emissions remained relatively stable, indicating that Lear 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Lear disclose?

In 2023, Lear reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Lear's Scope 3 emissions?

In 2023, the largest contributors to Lear's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 7,227,619 tCOâ‚‚e (76.13%)
  • Capital Goods (Cat. 2): 817,075 tCOâ‚‚e (8.61%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 712,108 tCOâ‚‚e (7.5%)

Lear's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(8.6%)Purchased Goods andServices (Cat. 1)(76.1%)End-of-LifeTreatment of SoldProducts (Cat. 12)(7.5%)

Insights into Lear's Total Carbon Footprint

In 2023, Lear reported a total carbon footprint of 9,879,322 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.53% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Lear's total carbon footprint was Scope 3 emissions, accounting for 96.09% of the company's total carbon footprint, followed by Scope 2 emissions at 3.03%.