In 2024, Macfarlane Group 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).
Macfarlane Group has also provided a category-level breakdown for 11 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 | 4,535a | 4,969a | 5,267a | |
Total Scope 2 | ||||
Market-Based | 168a | 114a | 237a | |
Location-Based | 919a | 783a | 644a | |
Total Scope 3 | 28a | 21a | 195,802a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 13.3628a | 13.9008a | 15.042a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Macfarlane Group amounted to 5,454 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 Macfarlane Group decreased by 5.18%, 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 Macfarlane Group were 4,535 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Macfarlane Group's Scope 1 emissions have decreased by 21.34%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Macfarlane Group's Scope 1 emissions decreased by 8.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Macfarlane Group reported Scope 2 greenhouse gas (GHG) emissions of 168 tCO₂e using the market-based method and 919 tCO₂e using the location-based method.a
Since 2019, Macfarlane Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 36.18%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Macfarlane Group's Scope 2 emissions (Location-Based) rose by 17.37% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Macfarlane Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Macfarlane Group reported 28 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 Macfarlane Group includes a breakdown across 1 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, Macfarlane Group reported total Scope 3 emissions of 28 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
Compared to the previous year (2023), Macfarlane Group's Scope 3 emissions increased by 33.33%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Macfarlane Group reported emissions for 1 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 2024, the largest contributors to Macfarlane Group's Scope 3 emissions were:a
In 2024, Macfarlane Group reported Scope 1 greenhouse gas (GHG) emissions of 4,535 tCO₂e and total revenues of USD 339 millions. This translates into an emissions intensity of 13.36 tCO₂e per millions USD.a
In 2024, Macfarlane Group reported a Scope 1 emissions intensity of 13.36 tCO₂e per millions USD. Compared to the peer group median of 46.78, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Macfarlane Group ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Macfarlane Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Macfarlane Group reported a total carbon footprint of 5,482 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Macfarlane Group's total carbon footprint was Scope 1 emissions, accounting for 82.73% of the company's total carbon footprint, followed by Scope 2 emissions at 16.76%.a