In 2023, Lifco 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).
Lifco has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Lifco amounted to 16,033 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 2022, the total operational greenhouse gas (GHG) emissions of Lifco decreased by 1.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Lifco were 8,609 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Lifco's Scope 1 emissions have increased by 36.05%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Lifco's Scope 1 emissions increased by 11.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Lifco reported Scope 2 greenhouse gas (GHG) emissions of 7,424 tCO₂e using the market-based method. a
Since 2019, Lifco's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 31.57%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Lifco's Scope 2 emissions (Market-Based) fell by 13.82% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, Lifco reported its Scope 2 emissions using the market-based method. a
In 2023, Lifco reported 13,251 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 2023 disclosure of Lifco includes a breakdown across 3 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. a
In 2023, Lifco reported total Scope 3 emissions of 13,251 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 2019, Lifco's Scope 3 emissions have increased by 20.58%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Lifco's Scope 3 emissions remained relatively stable, indicating that Lifco 's emissions have plateaued with no significant change in its value chain footprint. a
In 2023, Lifco reported emissions for 3 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 2023, the largest contributors to Lifco's Scope 3 emissions were: a
In 2023, Lifco reported a total carbon footprint of 29,284 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.83% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Lifco's total carbon footprint was Scope 3 emissions, accounting for 45.25% of the company's total carbon footprint, followed by Scope 1 emissions at 29.4%. a