Photon Energy NV
Photon Energy's GHG Emissions Data Preview
In 2024, Photon Energy 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).
Photon Energy has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
Verified Sources Behind Photon Energy’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Photon Energy’s data sources below and access millions more through our Disclosure Search.
Insights into Photon Energy's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Photon Energy amounted to 429.5 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 Photon Energy decreased by 2.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Photon Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Photon Energy's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Photon Energy were 317.3 metric tons of CO₂ equivalent (tCO₂e).a
Has Photon Energy reduced its Scope 1 emissions over time?
Since 2020, Photon Energy's Scope 1 emissions have increased by 10.71%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Photon Energy's Scope 1 emissions increased by 28.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Photon Energy's Scope 2 emissions?
In 2024, Photon Energy reported Scope 2 greenhouse gas (GHG) emissions of 112.2 tCO₂e using the location-based method.a
Has Photon Energy reduced its Scope 2 emissions over time?
Since 2020, Photon Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 52.03%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Photon Energy's Scope 2 emissions (Location-Based) fell by 41.99% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Photon Energy use for Scope 2 reporting?
In 2024, Photon Energy reported its Scope 2 emissions using the location-based method.a
Photon Energy's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Photon Energy's Value Chain Emissions
In 2024, Photon Energy reported 788.5 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 2024 disclosure of Photon Energy includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Photon Energy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Photon Energy's Scope 3 emissions?
In 2024, Photon Energy reported total Scope 3 emissions of 788.5 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
What categories of Scope 3 emissions does Photon Energy disclose?
In 2024, Photon Energy reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Photon Energy's Scope 3 emissions?
In 2024, the largest contributors to Photon Energy's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 628 tCO₂e (79.64%)
- Business Travel (Cat. 6): 160.5 tCO₂e (20.36%)
Photon Energy's Scope 3 Emissions by Categories
Insights into Photon Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Photon Energy reported Scope 1 greenhouse gas (GHG) emissions of 317.3 tCO₂e and total revenues of USD 94 millions. This translates into an emissions intensity of 3.39 tCO₂e per millions USD.a
Photon Energy's Scope 1 Emissions Intensity Compared to Peers
How does Photon Energy's GHG emissions intensity compare to its peers?
In 2024, Photon Energy reported a Scope 1 emissions intensity of 3.39 tCO₂e per millions USD. Compared to the peer group median of 5.7, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Photon Energy rank on GHG emissions intensity within its industry?
In 2024, Photon Energy ranked 10 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Photon Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Photon Energy's Total Carbon Footprint
In 2024, Photon Energy reported a total carbon footprint of 1,218 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 176.57% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Photon Energy's total carbon footprint was Scope 3 emissions, accounting for 64.74% of the company's total carbon footprint, followed by Scope 1 emissions at 26.05%.a