In 2023, Petz 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).
Petz has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 1,414.81a | 1,047.63a |
Total Scope 2 | ||
Unspecified Calculation Method | 2,852.09a | 2,007.55a |
Total Scope 3 | 26,644.79a | 12,300.18a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.1625a | 1.9532a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Petz amounted to 4,266.9 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 Petz increased by 39.66%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Petz were 1,414.81 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Petz's Scope 1 emissions increased by 35.05%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Petz reported Scope 2 greenhouse gas (GHG) emissions of 2,852.09 tCO₂e without specifying the calculation method.a
Compared to the previous year (2022), Petz's Scope 2 emissions (Unspecified Calculation Method) rose by 42.07% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2023, Petz reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Petz reported 26,644.79 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 Petz includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2023, Petz reported total Scope 3 emissions of 26,644.79 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), Petz's Scope 3 emissions increased by 116.62%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2023, Petz reported emissions for 5 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 Petz's Scope 3 emissions were:a
In 2023, Petz reported Scope 1 greenhouse gas (GHG) emissions of 1,414.81 tCO₂e and total revenues of USD 654 millions. This translates into an emissions intensity of 2.16 tCO₂e per millions USD.a
In 2023, Petz reported a Scope 1 emissions intensity of 2.16 tCO₂e per millions USD. Compared to the peer group median of 2.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Petz ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Petz is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Petz reported a total carbon footprint of 30,911.69 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 101.31% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Petz's total carbon footprint was Scope 3 emissions, accounting for 86.2% of the company's total carbon footprint, followed by Scope 2 emissions at 9.23%.a