In 2024, PPIH 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).
PPIH has also provided a category-level breakdown for 9 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 | 97,432a | 102,357a | 94,851a | |
Total Scope 2 | ||||
Market-Based | 446,025a | 447,181a | 452,694a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 6,030,707a | 5,582,110a | 5,419,783a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 7.4728a | 7.6515a | 7.0746a |
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In 2024, the total operational greenhouse gas (GHG) emissions of PPIH amounted to 543,457 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 PPIH decreased by 1.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of PPIH were 97,432 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, PPIH's Scope 1 emissions have increased by 144.36%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), PPIH's Scope 1 emissions decreased by 4.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, PPIH reported Scope 2 greenhouse gas (GHG) emissions of 446,025 tCO₂e using the market-based method.a
Since 2019, PPIH's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 30.52%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), PPIH's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that PPIH's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, PPIH reported its Scope 2 emissions using the market-based method.a
In 2024, PPIH reported 6,030,707 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 PPIH includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, down from 9 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, PPIH reported total Scope 3 emissions of 6,030,707 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, PPIH's Scope 3 emissions have increased by 57.47%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), PPIH's Scope 3 emissions remained relatively stable, indicating that PPIH's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, PPIH reported emissions for 8 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 2024, the largest contributors to PPIH's Scope 3 emissions were:a
In 2024, PPIH reported Scope 1 greenhouse gas (GHG) emissions of 97,432 tCO₂e and total revenues of USD 13,038 millions. This translates into an emissions intensity of 7.47 tCO₂e per millions USD.a
In 2024, PPIH reported a Scope 1 emissions intensity of 7.47 tCO₂e per millions USD. Compared to the peer group median of 12.85, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, PPIH ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
PPIH is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, PPIH reported a total carbon footprint of 6,574,164 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to PPIH's total carbon footprint was Scope 3 emissions, accounting for 91.73% of the company's total carbon footprint, followed by Scope 2 emissions at 6.78%.a