In 2024, Onex 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, Onex has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 208.44a | 352.11b |
Total Scope 2 | ||
Unspecified Calculation Method | 356.74a | 415.42b |
Total Scope 3 | 717.25a | 762.71b |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.8543a | 1.1432b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Onex amounted to 565.18 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 Onex decreased by 26.36%, 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 Onex were 208.44 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Onex's Scope 1 emissions decreased by 40.8%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Onex reported Scope 2 greenhouse gas (GHG) emissions of 356.74 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Onex's Scope 2 emissions (Unspecified Calculation Method) fell by 14.13% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Onex reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Onex reported 717.25 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 Onex 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
In 2024, Onex reported total Scope 3 emissions of 717.25 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Onex's Scope 3 emissions remained relatively stable, indicating that Onex's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, Onex reported Scope 1 greenhouse gas (GHG) emissions of 208.44 tCO₂e and total revenues of USD 244 millions. This translates into an emissions intensity of 0.85 tCO₂e per millions USD.a
In 2024, Onex reported a Scope 1 emissions intensity of 0.85 tCO₂e per millions USD. Compared to the peer group median of 0.1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Onex ranked 16 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Onex among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Onex reported a total carbon footprint of 1,282.43 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.19% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Onex's total carbon footprint was Scope 3 emissions, accounting for 55.93% of the company's total carbon footprint, followed by Scope 2 emissions at 27.82%.a