In 2024, 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 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 2024, the total operational greenhouse gas (GHG) emissions of Lifco amounted to 18,778 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 Lifco decreased by 1.24%, 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 Lifco were 8,330 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Lifco's Scope 1 emissions have increased by 31.64%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Lifco's Scope 1 emissions decreased by 3.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Lifco reported Scope 2 greenhouse gas (GHG) emissions of 5,142 tCO₂e using the market-based method and 10,448 tCO₂e using the location-based method. a
Compared to the previous year (2023), Lifco's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Lifco 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Lifco reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Lifco reported 4,832,533 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 Lifco 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, Lifco reported total Scope 3 emissions of 4,832,533 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 7.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 92.26% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Lifco's Scope 3 emissions have increased by 43,876.09%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Lifco's Scope 3 emissions increased by 19.13%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Lifco 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 Lifco's Scope 3 emissions were: a
In 2024, Lifco reported Scope 1 greenhouse gas (GHG) emissions of 8,330 tCO₂e and total revenues of USD 2,372 millions. This translates into an emissions intensity of 3.51 tCO₂e per millions USD. a
In 2024, Lifco reported a Scope 1 emissions intensity of 3.51 tCO₂e per millions USD. Compared to the peer group median of 6.46 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Lifco ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Lifco is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Lifco reported a total carbon footprint of 4,851,311 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.03% increase compared to 2023, 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 99.61% of the company's total carbon footprint, followed by Scope 2 emissions at 0.22%. a