Nexteer Automotive Group Ltd

Common Name
Nexteer Automotive Group
Country
United States
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
12,600
Ticker
1316
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Nexteer Automotive Group Ltd. is a prominent global supplier specializing in steering and driveline systems for some of the world's leading automobile manufacturers. Established with a focus on provid...

Nexteer Automotive Group's GHG Emissions Data Preview

In 2024, Nexteer Automotive 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).

However, Nexteer Automotive Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nexteer Automotive Group’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 Nexteer Automotive Group’s data sources below and access millions more through our Disclosure Search.

a. Nexteer Automotive Group's Sustainability Report 2024
a. Nexteer Automotive Group's Sustainability Report 2024
b. Nexteer Automotive Group's Sustainability Report 2023
b. Nexteer Automotive Group's Sustainability Report 2023

Insights into Nexteer Automotive Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nexteer Automotive Group amounted to 192,738 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 Nexteer Automotive Group decreased by 11.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Nexteer Automotive Group's Scope 1 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e-2%-11%-16%
  • Total Scope 1
  • Year-over-Year Change

What are Nexteer Automotive Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nexteer Automotive Group were 33,132 metric tons of CO₂ equivalent (tCO₂e). a

Has Nexteer Automotive Group reduced its Scope 1 emissions over time?

Since 2021, Nexteer Automotive Group's Scope 1 emissions have decreased by 26.7%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Nexteer Automotive Group's Scope 1 emissions decreased by 15.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nexteer Automotive Group's Scope 2 emissions?

In 2024, Nexteer Automotive Group reported Scope 2 greenhouse gas (GHG) emissions of 159,606 tCO₂e using the market-based method. a

Has Nexteer Automotive Group reduced its Scope 2 emissions over time?

Since 2021, Nexteer Automotive Group's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 13.86%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Nexteer Automotive Group's Scope 2 emissions (Market-Based) fell by 10.15% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Nexteer Automotive Group use for Scope 2 reporting?

In 2024, Nexteer Automotive Group reported its Scope 2 emissions using the market-based method. a

Nexteer Automotive Group's Scope 2 Emissions Over Time

2021202220232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Market-Based

Insights into Nexteer Automotive Group's Value Chain Emissions

In 2024, Nexteer Automotive Group reported 2,214,799 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 Nexteer Automotive Group includes a breakdown across 0 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

Nexteer Automotive Group's Scope 3 Emissions Over Time

20212022202320240650 k1.3 M1.95 M2.6 MtCO2e+47%+14%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Nexteer Automotive Group's Scope 3 emissions?

In 2024, Nexteer Automotive Group reported total Scope 3 emissions of 2,214,799 metric tons of CO₂ equivalent (tCO₂e). a

Has Nexteer Automotive Group reduced its Scope 3 emissions over time?

Since 2021, Nexteer Automotive Group's Scope 3 emissions have increased by 50.26%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Nexteer Automotive Group's Scope 3 emissions decreased by 10.03%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Nexteer Automotive Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Nexteer Automotive Group reported Scope 1 greenhouse gas (GHG) emissions of 33,132 tCO₂e and total revenues of USD 33,302 millions. This translates into an emissions intensity of 0.99 tCO₂e per millions USD. a

Nexteer Automotive Group's Scope 1 Emissions Intensity Compared to Peers

5005,00050,000500,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)AAMYear: 2024Scope 1: 91,346 tCO2eRevenue: $M 6,125Scope 1 Intensity: 14.91 tCO2e/$MVisteonYear: 2022Scope 1: 3,940 tCO2eRevenue: $M 3,756Scope 1 Intensity: 1.05 tCO2e/$MAllison Transmission HoldingsYear: 2021Scope 1: 36,133 tCO2eRevenue: $M 2,402Scope 1 Intensity: 15.04 tCO2e/$MModine ManufacturingYear: 2025Scope 1: 41,518 tCO2eRevenue: $M 2,584Scope 1 Intensity: 16.07 tCO2e/$MGenuine PartsYear: 2023Scope 1: 111,792 tCO2eRevenue: $M 23,091Scope 1 Intensity: 4.84 tCO2e/$MAutozoneYear: 2024Scope 1: 268,476 tCO2eRevenue: $M 18,490Scope 1 Intensity: 14.52 tCO2e/$MBrunswickYear: 2024Scope 1: 82,745 tCO2eRevenue: $M 5,237Scope 1 Intensity: 15.80 tCO2e/$MAdvance Auto PartsYear: 2021Scope 1: 105,649 tCO2eRevenue: $M 10,998Scope 1 Intensity: 9.61 tCO2e/$MGoodyear Tire & RubberYear: 2024Scope 1: 1,389,000 tCO2eRevenue: $M 18,878Scope 1 Intensity: 73.58 tCO2e/$MLKQYear: 2023Scope 1: 247,117 tCO2eRevenue: $M 13,866Scope 1 Intensity: 17.82 tCO2e/$MDorman ProductsYear: 2024Scope 1: 15,593 tCO2eRevenue: $M 2,009Scope 1 Intensity: 7.76 tCO2e/$MCaesars EntertainmentYear: 2024Scope 1: 229,616 tCO2eRevenue: $M 11,245Scope 1 Intensity: 20.42 tCO2e/$MLearYear: 2023Scope 1: 86,296 tCO2eRevenue: $M 23,467Scope 1 Intensity: 3.68 tCO2e/$MThor IndustriesYear: 2024Scope 1: 51,703 tCO2eRevenue: $M 10,043Scope 1 Intensity: 5.15 tCO2e/$MVFYear: 2024Scope 1: 7,895 tCO2eRevenue: $M 10,454Scope 1 Intensity: 0.76 tCO2e/$MGentexYear: 2024Scope 1: 10,941 tCO2eRevenue: $M 2,313Scope 1 Intensity: 4.73 tCO2e/$MGenthermYear: 2022Scope 1: 1,934 tCO2eRevenue: $M 1,205Scope 1 Intensity: 1.61 tCO2e/$MBorgwarnerYear: 2024Scope 1: 59,119 tCO2eRevenue: $M 14,086Scope 1 Intensity: 4.20 tCO2e/$MAmerican Eagle OutfittersYear: 2023Scope 1: 10,143 tCO2eRevenue: $M 5,262Scope 1 Intensity: 1.93 tCO2e/$MBath & Body WorksYear: 2023Scope 1: 17,599 tCO2eRevenue: $M 7,429Scope 1 Intensity: 2.37 tCO2e/$MO'Reilly AutomotiveYear: 2023Scope 1: 305,759 tCO2eRevenue: $M 15,812Scope 1 Intensity: 19.34 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$MDanaYear: 2024Scope 1: 134,400 tCO2eRevenue: $M 10,284Scope 1 Intensity: 13.07 tCO2e/$MNexteer Automotive GroupYear: 2024Scope 1: 33,132 tCO2eRevenue: $M 33,302Scope 1 Intensity: 0.99 tCO2e/$M

How does Nexteer Automotive Group's GHG emissions intensity compare to its peers?

In 2024, Nexteer Automotive Group reported a Scope 1 emissions intensity of 0.99 tCO₂e per millions USD. Compared to the peer group median of 9.61 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Nexteer Automotive Group rank on GHG emissions intensity within its industry?

In 2024, Nexteer Automotive Group ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Nexteer Automotive Group among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Nexteer Automotive Group's Total Carbon Footprint

In 2024, Nexteer Automotive Group reported a total carbon footprint of 2,407,537 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.12% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Nexteer Automotive Group's total carbon footprint was Scope 3 emissions, accounting for 91.99% of the company's total carbon footprint, followed by Scope 2 emissions at 6.63%. a

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