In 2024, 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 75,850a | 86,296a | 87,983a | |
Total Scope 2 | ||||
Market-Based | 288,574a | 299,567a | 285,046a | |
Location-Based | N/A | N/A | N/A | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 8,864,627a | 9,493,459a | 8,813,780a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.2545a | 3.6773a | 4.2114a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Lear amounted to 364,424 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 Lear decreased by 5.56%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Lear were 75,850 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Lear's Scope 1 emissions have decreased by 31.75%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Lear's Scope 1 emissions decreased by 12.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Lear reported Scope 2 greenhouse gas (GHG) emissions of 288,574 tCO₂e using the market-based method.a
Since 2019, Lear's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 19.38%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), 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.a
In 2024, Lear reported its Scope 2 emissions using the market-based method.a
In 2024, Lear reported 8,864,627 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 Lear includes a breakdown across 10 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, Lear reported total Scope 3 emissions of 8,864,627 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 90.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.97% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Lear's Scope 3 emissionshave remained relatively stable, indicating that Lear's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Lear's Scope 3 emissions remained relatively stable, indicating that Lear's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Lear reported emissions for 10 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 Lear's Scope 3 emissions were:a
In 2024, Lear reported Scope 1 greenhouse gas (GHG) emissions of 75,850 tCO₂e and total revenues of USD 23,306 millions. This translates into an emissions intensity of 3.25 tCO₂e per millions USD.a
In 2024, Lear reported a Scope 1 emissions intensity of 3.25 tCO₂e per millions USD. Compared to the peer group median of 13.07, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Lear ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Lear among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Lear reported a total carbon footprint of 9,229,051 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.58% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Lear's total carbon footprint was Scope 3 emissions, accounting for 96.05% of the company's total carbon footprint, followed by Scope 2 emissions at 3.13%.a