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Phinia Inc
Phinia's GHG Emissions Data Preview
In 2024, Phinia 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, Phinia 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Phinia’s Greenhouse Gas (GHG) Emissions Data
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Insights into Phinia's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofPhinia amounted to99,209metric 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 Phiniadecreased by 8.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Phinia's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Phinia's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Phinia were 7,368 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Phinia reduced its Scope 1 emissions over time?
Since 2020, Phinia's Scope 1 emissions have increased by 1.35%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Phinia's Scope 1 emissions decreased by 13.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Phinia's Scope 2 emissions?
In 2024, Phinia reported Scope 2 greenhouse gas (GHG) emissions of 64,459 tCOâ‚‚e using the market-based method and 91,841 tCOâ‚‚e using the location-based method.a
Has Phinia reduced its Scope 2 emissions over time?
Since 2020, Phinia's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 13.01%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Phinia's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Phinia's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Phinia use for Scope 2 reporting?
In 2024, Phinia reported its Scope 2 emissions using the market-based method and using the location-based method.a
Phinia's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Phinia’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Phinia reported Scope 1 greenhouse gas (GHG) emissions of 7,368 tCOâ‚‚e and total revenues of USD 3,403 millions. This translates into an emissions intensity of 2.17 tCOâ‚‚e per millions USD.a
Phinia's Scope 1 Emissions Intensity Compared to Peers
How does Phinia's GHG emissions intensity compare to its peers?
In 2024, Phinia reported a Scope 1 emissions intensity of 2.17 tCOâ‚‚e per millions USD. Compared to the peer group median of 9.61, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Phinia rank on GHG emissions intensity within its industry?
In 2024, Phinia ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Phinia among the top performers, with one of the lowest emissions intensities relative to peers.a