In 2024, LIG Defense & Aerospace 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).
LIG Defense & Aerospace has also provided a category-level breakdown for 8 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 | 6,327a | 5,841a | 4,945a | |
Total Scope 2 | ||||
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 1,633,025a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.8337a | 3.2331a | 2.8063a |
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In 2024, the total operational greenhouse gas (GHG) emissions of LIG Defense & Aerospace amounted to 26,876 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 LIG Defense & Aerospace increased by 10.29%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of LIG Defense & Aerospace were 6,327 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, LIG Defense & Aerospace's Scope 1 emissions have increased by 34.1%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), LIG Defense & Aerospace's Scope 1 emissions increased by 8.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, LIG Defense & Aerospace reported Scope 2 greenhouse gas (GHG) emissions of 20,549 tCO₂e using the location-based method.a
Compared to the previous year (2023), LIG Defense & Aerospace's Scope 2 emissions (Location-Based) rose by 10.91% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, LIG Defense & Aerospace reported its Scope 2 emissions using the location-based method.a
In 2024, LIG Defense & Aerospace reported 1,633,025 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 LIG Defense & Aerospace includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, LIG Defense & Aerospace reported total Scope 3 emissions of 1,633,025 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 18.49% of these emissions originated from upstream activities such as purchased goods and capital goods, while 81.51% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, LIG Defense & Aerospace reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to LIG Defense & Aerospace's Scope 3 emissions were:a
In 2024, LIG Defense & Aerospace reported Scope 1 greenhouse gas (GHG) emissions of 6,327 tCO₂e and total revenues of USD 2,233 millions. This translates into an emissions intensity of 2.83 tCO₂e per millions USD.a
In 2024, LIG Defense & Aerospace reported a Scope 1 emissions intensity of 2.83 tCO₂e per millions USD. Compared to the peer group median of 6.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, LIG Defense & Aerospace ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
LIG Defense & Aerospace is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, LIG Defense & Aerospace reported a total carbon footprint of 1,659,901 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6,711.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to LIG Defense & Aerospace's total carbon footprint was Scope 3 emissions, accounting for 98.38% of the company's total carbon footprint, followed by Scope 2 emissions at 1.24%.a