In 2024, Metall Zug 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).
Metall Zug has also provided a category-level breakdown for 1 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 | 1,785a | 1,947a | 5,348b | |
Total Scope 2 | ||||
Market-Based | 354a | N/A | N/A | |
Location-Based | 1,060a | 1,359a | 2,592b | |
Total Scope 3 | 879a | 722a | 1,743b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.7032a | 3.3111a | 7.6526b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Metall Zug amounted to 2,845 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 Metall Zug decreased by 13.94%, 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 Metall Zug were 1,785 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Metall Zug's Scope 1 emissions decreased by 8.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Metall Zug reported Scope 2 greenhouse gas (GHG) emissions of 354 tCO₂e using the market-based method and 1,060 tCO₂e using the location-based method.a
Compared to the previous year (2023), Metall Zug's Scope 2 emissions (Location-Based) fell by 22% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Metall Zug reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Metall Zug reported 879 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 Metall Zug 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, Metall Zug reported total Scope 3 emissions of 879 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
Since 2021, Metall Zug's Scope 3 emissions have increased by 261.73%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Metall Zug's Scope 3 emissions increased by 21.75%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Metall Zug 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 Metall Zug's Scope 3 emissions were:a
In 2024, Metall Zug reported Scope 1 greenhouse gas (GHG) emissions of 1,785 tCO₂e and total revenues of USD 313 millions. This translates into an emissions intensity of 5.7 tCO₂e per millions USD.a
In 2024, Metall Zug reported a Scope 1 emissions intensity of 5.7 tCO₂e per millions USD. Compared to the peer group median of 19.5, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Metall Zug ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Metall Zug is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Metall Zug reported a total carbon footprint of 3,724 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.55% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Metall Zug's total carbon footprint was Scope 1 emissions, accounting for 47.93% of the company's total carbon footprint, followed by Scope 2 emissions at 28.46%.a