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OVS SpA
OVS's GHG Emissions Data Preview
In 2024, OVS 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).
OVS 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind OVS’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 OVS’s data sources below and access millions more through our Disclosure Search.
Insights into OVS's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofOVS amounted to44,360metric 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 2019, the total operational greenhouse gas (GHG) emissions of OVSdecreased by 28.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
OVS's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are OVS's Scope 1 emissions?
In 2024, the total Scope 1 emissions of OVS were 7,278 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2019), OVS's Scope 1 emissions decreased by 36.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are OVS's Scope 2 emissions?
In 2024, OVS reported Scope 2 greenhouse gas (GHG) emissions of 1,505 tCOâ‚‚e using the market-based method and 37,082 tCOâ‚‚e using the location-based method.a
Has OVS reduced its Scope 2 emissions over time?
Compared to the previous year(2019), OVS's Scope 2 emissions(Location-Based) fell by 26.69% 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 OVS use for Scope 2 reporting?
In 2024, OVS reported its Scope 2 emissions using the market-based method and using the location-based method.a
OVS's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into OVS's Value Chain Emissions
In 2024, OVS reported 424,864 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of OVS includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2019, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
OVS's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are OVS's Scope 3 emissions?
In 2024, OVS reported total Scope 3 emissions of 424,864 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 91.59%of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.41%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2019), OVS's Scope 3 emissions decreased by 13.69%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does OVS disclose?
In 2024, OVS 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.
What are the main sources of OVS's Scope 3 emissions?
In 2024, the largest contributors to OVS's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 327,674 tCOâ‚‚e(77.12%)
- Upstream Transportation and Distribution (Cat. 4): 25,028 tCOâ‚‚e(5.89%)
- End-of-Life Treatment of Sold Products (Cat. 12): 16,906 tCOâ‚‚e(3.98%)
OVS's Scope 3 Emissions by Categories
Insights into OVS’s GHG Emissions Intensity Compared to Industry Peers
In 2024, OVS reported Scope 1 greenhouse gas (GHG) emissions of 7,278 tCOâ‚‚e and total revenues of USD 1,773 millions. This translates into an emissions intensity of 4.1 tCOâ‚‚e per millions USD.a
OVS's Scope 1 Emissions Intensity Compared to Peers
How does OVS's GHG emissions intensity compare to its peers?
In 2024, OVS reported a Scope 1 emissions intensity of 4.1 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.07, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does OVS rank on GHG emissions intensity within its industry?
In 2024, OVS ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
OVS is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into OVS's Total Carbon Footprint
In 2024, OVS reported a total carbon footprint of 469,224 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.35% decrease compared to 2019, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to OVS's total carbon footprint was Scope 3 emissions, accounting for 90.55% of the company's total carbon footprint, followed by Scope 2 emissions at 7.9%.a