In 2023, Pigeon 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, Pigeon has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,903a | 2,346a | 2,855a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 8,489a | 9,395a | 20,655a | |
Total Scope 3 | N/A | 205,800a | 234,100a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.3465a | 3.2851a | 3.5293a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Pigeon amounted to 11,392 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 Pigeon decreased by 2.97%, 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 Pigeon were 2,903 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Pigeon's Scope 1 emissions have decreased by 1.89%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Pigeon's Scope 1 emissions increased by 23.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Pigeon reported Scope 2 greenhouse gas (GHG) emissions of 8,489 tCO₂e without specifying the calculation method.a
Since 2019, Pigeon's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 64.59%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Pigeon's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Pigeon's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Pigeon reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Pigeon reported Scope 1 greenhouse gas (GHG) emissions of 2,903 tCO₂e and total revenues of USD 668 millions. This translates into an emissions intensity of 4.35 tCO₂e per millions USD.a
In 2023, Pigeon reported a Scope 1 emissions intensity of 4.35 tCO₂e per millions USD. Compared to the peer group median of 4.07, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Pigeon ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Pigeon is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a