In 2023, Parque Arauco 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).
Parque Arauco 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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 652a | 389a | 138a | |
Total Scope 2 | ||||
Market-Based | 1,766a | 2,790a | 1,385a | |
Location-Based | 41,725a | 45,563a | 14,728a | |
Total Scope 3 | 76,885a | 67,814a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.1733a | 1.4275a | 0.6932a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Parque Arauco amounted to 42,377 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 Parque Arauco decreased by 7.78%, 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 Parque Arauco were 652 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Parque Arauco's Scope 1 emissions have increased by 250.54%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Parque Arauco's Scope 1 emissions increased by 67.61%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Parque Arauco reported Scope 2 greenhouse gas (GHG) emissions of 1,766 tCO₂e using the market-based method and 41,725 tCO₂e using the location-based method.a
Since 2019, Parque Arauco's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 139.24%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Parque Arauco's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Parque Arauco's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Parque Arauco reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Parque Arauco reported 76,885 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 Parque Arauco includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Parque Arauco reported total Scope 3 emissions of 76,885 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 69.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.27% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), Parque Arauco's Scope 3 emissions increased by 13.38%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2023, Parque Arauco 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 2023, the largest contributors to Parque Arauco's Scope 3 emissions were:a
In 2023, Parque Arauco reported Scope 1 greenhouse gas (GHG) emissions of 652 tCO₂e and total revenues of USD 300 millions. This translates into an emissions intensity of 2.17 tCO₂e per millions USD.a
In 2023, Parque Arauco reported a Scope 1 emissions intensity of 2.17 tCO₂e per millions USD. Compared to the peer group median of 3.24, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Parque Arauco ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Parque Arauco is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Parque Arauco reported a total carbon footprint of 119,262 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.83% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Parque Arauco's total carbon footprint was Scope 3 emissions, accounting for 64.47% of the company's total carbon footprint, followed by Scope 2 emissions at 34.99%.a