In 2023, Panjit International 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, Panjit International has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 521.024a | 463.502a | 1,479.68b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 23,080.323a | 24,548.032a | 25,063.26b | |
Total Scope 3 | 14,588.473a | 22,272.292a | 394.89b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.2578a | 1.0767a | 2.9592b |
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In 2023, the total operational greenhouse gas (GHG) emissions of Panjit International amounted to 23,601.348 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 2022, the total operational greenhouse gas (GHG) emissions of Panjit International decreased by 5.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Panjit International were 521.024 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Panjit International's Scope 1 emissions have decreased by 61.74%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Panjit International's Scope 1 emissions increased by 12.41%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Panjit International reported Scope 2 greenhouse gas (GHG) emissions of 23,080.323 tCO₂e without specifying the calculation method.a
Since 2020, Panjit International's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Panjit International's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2022), Panjit International's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Panjit International's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Panjit International reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Panjit International reported 14,588.473 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 2023 disclosure of Panjit International includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Panjit International reported total Scope 3 emissions of 14,588.473 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Panjit International's Scope 3 emissions have increased by 2,836.78%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Panjit International's Scope 3 emissions decreased by 34.5%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Panjit International reported Scope 1 greenhouse gas (GHG) emissions of 521.024 tCO₂e and total revenues of USD 414 millions. This translates into an emissions intensity of 1.26 tCO₂e per millions USD.a
In 2023, Panjit International reported a Scope 1 emissions intensity of 1.26 tCO₂e per millions USD. Compared to the peer group median of 1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Panjit International ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Panjit International is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Panjit International reported a total carbon footprint of 38,189.82 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.23% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Panjit International's total carbon footprint was Scope 2 emissions, accounting for 60.44% of the company's total carbon footprint, followed by Scope 3 emissions at 38.2%.a