In 2024, ODP 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).
ODP Group has also provided a category-level breakdown for 9 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 | 38,694a | 44,202b | 50,921c | |
Total Scope 2 | ||||
Market-Based | 94,053a | 95,926b | 104,717c | |
Location-Based | 89,351a | 94,342b | 107,648c | |
Total Scope 3 | 5,030,614a | 5,310,692b | 5,556,163c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.5356a | 5.6445b | 5.9971c |
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In 2024, the total operational greenhouse gas (GHG) emissions of ODP Group amounted to 128,045 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 ODP Group decreased by 7.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of ODP Group were 38,694 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, ODP Group's Scope 1 emissions have decreased by 40.53%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), ODP Group's Scope 1 emissions decreased by 12.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, ODP Group reported Scope 2 greenhouse gas (GHG) emissions of 94,053 tCO₂e using the market-based method and 89,351 tCO₂e using the location-based method.a
Since 2019, ODP Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 42.45%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), ODP Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that ODP Group's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, ODP Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, ODP Group reported 5,030,614 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 ODP Group includes a breakdown across 9 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 chaina
In 2024, ODP Group reported total Scope 3 emissions of 5,030,614 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 34.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 65.9% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, ODP Group's Scope 3 emissions have decreased by 25.08%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), ODP Group's Scope 3 emissions remained relatively stable, indicating that ODP Group's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, ODP Group reported emissions for 9 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.
In 2024, the largest contributors to ODP Group's Scope 3 emissions were:a
In 2024, ODP Group reported Scope 1 greenhouse gas (GHG) emissions of 38,694 tCO₂e and total revenues of USD 6,990 millions. This translates into an emissions intensity of 5.54 tCO₂e per millions USD.a
In 2024, ODP Group reported a Scope 1 emissions intensity of 5.54 tCO₂e per millions USD. Compared to the peer group median of 2.64, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, ODP Group ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places ODP Group among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, ODP Group reported a total carbon footprint of 5,158,659 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.33% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to ODP Group's total carbon footprint was Scope 3 emissions, accounting for 97.52% of the company's total carbon footprint, followed by Scope 2 emissions at 1.73%.a