In 2024, Parade Technologies 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) and Scope 2 (indirect emissions from purchased energy).
However, Parade Technologies has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 174a | 119a | 128a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 3,302a | 3,291a | 3,435a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.3509a | 0.2651a | 0.1961a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Parade Technologies amounted to 3,476 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 Parade Technologies increased by 1.94%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Parade Technologies were 174 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Parade Technologies's Scope 1 emissions have increased by 50%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Parade Technologies's Scope 1 emissions increased by 46.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Parade Technologies reported Scope 2 greenhouse gas (GHG) emissions of 3,302 tCO₂e without specifying the calculation method.a
Since 2021, Parade Technologies's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 12.35%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Parade Technologies's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Parade Technologies's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Parade Technologies reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Parade Technologies reported Scope 1 greenhouse gas (GHG) emissions of 174 tCO₂e and total revenues of USD 496 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD.a
In 2024, Parade Technologies reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 0.51, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Parade Technologies ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Parade Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a