Luotea Oyj
Luotea's GHG Emissions Data Preview
In 2024, Luotea 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).
Luotea has also provided a category-level breakdown for 7 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 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
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aVerified Sources Behind Luotea’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 Luotea’s data sources below and access millions more through our Disclosure Search.
Insights into Luotea's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Luotea amounted to 29,480 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 Luotea decreased by 9.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Luotea's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Luotea's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Luotea were 26,450 metric tons of CO₂ equivalent (tCO₂e).a
Has Luotea reduced its Scope 1 emissions over time?
Since 2019, Luotea's Scope 1 emissions have decreased by 36.27%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Luotea's Scope 1 emissions decreased by 12.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Luotea's Scope 2 emissions?
In 2024, Luotea reported Scope 2 greenhouse gas (GHG) emissions of 760 tCO₂e using the market-based method and 3,030 tCO₂e using the location-based method.a
Has Luotea reduced its Scope 2 emissions over time?
Since 2019, Luotea's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 53.38%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Luotea's Scope 2 emissions (Location-Based) rose by 40.28% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Luotea use for Scope 2 reporting?
In 2024, Luotea reported its Scope 2 emissions using the market-based method and using the location-based method.a
Luotea's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Luotea's Value Chain Emissions
In 2024, Luotea reported 262,200 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 Luotea includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Luotea's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Luotea's Scope 3 emissions?
In 2024, Luotea reported total Scope 3 emissions of 262,200 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 54.85% of these emissions originated from upstream activities such as purchased goods and capital goods, while 45.15% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Luotea reduced its Scope 3 emissions over time?
Since 2019, Luotea's Scope 3 emissions have increased by 1,220.51%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Luotea's Scope 3 emissions remained relatively stable, indicating that Luotea's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Luotea disclose?
In 2024, Luotea reported emissions for 7 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 Luotea's Scope 3 emissions?
In 2024, the largest contributors to Luotea's Scope 3 emissions were:a
- End-of-Life Treatment of Sold Products (Cat. 12): 118,400 tCO₂e (45.15%)
- Purchased Goods and Services (Cat. 1): 103,200 tCO₂e (39.36%)
- Upstream Transportation and Distribution (Cat. 4): 20,970 tCO₂e (8%)
Luotea's Scope 3 Emissions by Categories
Insights into Luotea’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Luotea reported Scope 1 greenhouse gas (GHG) emissions of 26,450 tCO₂e and total revenues of USD 802 millions. This translates into an emissions intensity of 32.98 tCO₂e per millions USD.a
Luotea's Scope 1 Emissions Intensity Compared to Peers
How does Luotea's GHG emissions intensity compare to its peers?
In 2024, Luotea reported a Scope 1 emissions intensity of 32.98 tCO₂e per millions USD. Compared to the peer group median of 2.82, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Luotea rank on GHG emissions intensity within its industry?
In 2024, Luotea ranked 21 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Luotea among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Luotea's Total Carbon Footprint
In 2024, Luotea reported a total carbon footprint of 291,680 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.45% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Luotea's total carbon footprint was Scope 3 emissions, accounting for 89.89% of the company's total carbon footprint, followed by Scope 1 emissions at 9.07%.a