In 2024, Poly Developments and Holdings Group 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).
Poly Developments and Holdings Group has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,862a | 7,983a | 1,195a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 557,541a | 487,248a | 12,280a | |
Total Scope 3 | 5,589a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.2543a | 0.1636a | 0.0296a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Poly Developments and Holdings Group amounted to 568,403 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 Poly Developments and Holdings Group increased by 14.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Poly Developments and Holdings Group were 10,862 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Poly Developments and Holdings Group's Scope 1 emissions have increased by 802.91%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Poly Developments and Holdings Group's Scope 1 emissions increased by 36.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Poly Developments and Holdings Group reported Scope 2 greenhouse gas (GHG) emissions of 557,541 tCO₂e without specifying the calculation method.a
Since 2021, Poly Developments and Holdings Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 5,066.72%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Poly Developments and Holdings Group's Scope 2 emissions (Unspecified Calculation Method) rose by 14.43% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Poly Developments and Holdings Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Poly Developments and Holdings Group reported 5,589 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 Poly Developments and Holdings Group includes a breakdown across 1 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
In 2024, Poly Developments and Holdings Group reported total Scope 3 emissions of 5,589 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
In 2024, Poly Developments and Holdings Group reported emissions for 1 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.
In 2024, the largest contributors to Poly Developments and Holdings Group's Scope 3 emissions were:a
In 2024, Poly Developments and Holdings Group reported Scope 1 greenhouse gas (GHG) emissions of 10,862 tCO₂e and total revenues of USD 42,713 millions. This translates into an emissions intensity of 0.25 tCO₂e per millions USD.a
In 2024, Poly Developments and Holdings Group reported a Scope 1 emissions intensity of 0.25 tCO₂e per millions USD. Compared to the peer group median of 1.31, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Poly Developments and Holdings Group ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Poly Developments and Holdings Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Poly Developments and Holdings Group reported a total carbon footprint of 573,992 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.9% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Poly Developments and Holdings Group's total carbon footprint was Scope 2 emissions, accounting for 97.13% of the company's total carbon footprint, followed by Scope 1 emissions at 1.89%.a