LIG Nex1 Co Ltd
LIG Nex1's GHG Emissions Data Preview
In 2024, LIG Nex1 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 Nex1 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 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.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind LIG Nex1’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore LIG Nex1’s data sources below and access millions more through our Disclosure Search.
Insights into LIG Nex1's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of LIG Nex1 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 Nex1 increased by 10.29%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
LIG Nex1's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are LIG Nex1's Scope 1 emissions?
In 2024, the total Scope 1 emissions of LIG Nex1 were 6,327 metric tons of CO₂ equivalent (tCO₂e). a
Has LIG Nex1 reduced its Scope 1 emissions over time?
Since 2021, LIG Nex1's Scope 1 emissions have increased by 34.1%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), LIG Nex1'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
What are LIG Nex1's Scope 2 emissions?
In 2024, LIG Nex1 reported Scope 2 greenhouse gas (GHG) emissions of 20,549 tCO₂e using the location-based method. a
Has LIG Nex1 reduced its Scope 2 emissions over time?
Compared to the previous year (2023), LIG Nex1'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 energy a
What methodology does LIG Nex1 use for Scope 2 reporting?
In 2024, LIG Nex1 reported its Scope 2 emissions using the location-based method. a
LIG Nex1's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into LIG Nex1's Value Chain Emissions
In 2024, LIG Nex1 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 Nex1 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 chain a
LIG Nex1's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are LIG Nex1's Scope 3 emissions?
In 2024, LIG Nex1 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
What categories of Scope 3 emissions does LIG Nex1 disclose?
In 2024, LIG Nex1 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.
What are the main sources of LIG Nex1's Scope 3 emissions?
In 2024, the largest contributors to LIG Nex1's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 1,331,073 tCO₂e (81.51%)
- Purchased Goods and Services (Cat. 1): 273,587 tCO₂e (16.75%)
- Capital Goods (Cat. 2): 14,759 tCO₂e (0.9%)
LIG Nex1's Scope 3 Emissions by Categories
Insights into LIG Nex1’s GHG Emissions Intensity Compared to Industry Peers
In 2024, LIG Nex1 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
LIG Nex1's Scope 1 Emissions Intensity Compared to Peers
How does LIG Nex1's GHG emissions intensity compare to its peers?
In 2024, LIG Nex1 reported a Scope 1 emissions intensity of 2.83 tCO₂e per millions USD. Compared to the peer group median of 8 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does LIG Nex1 rank on GHG emissions intensity within its industry?
In 2024, LIG Nex1 ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
LIG Nex1 is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into LIG Nex1's Total Carbon Footprint
In 2024, LIG Nex1 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 Nex1'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