In 2023, Primax Electronics 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).
Primax Electronics has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Market-Based | 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 |
Location-Based | 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 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Primax Electronics amounted to 53,247.564 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 Primax Electronics decreased by 12.54%, 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 Primax Electronics were 4,974.124 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Primax Electronics's Scope 1 emissions have decreased by 9.37%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Primax Electronics's Scope 1 emissions increased by 7.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Primax Electronics reported Scope 2 greenhouse gas (GHG) emissions of 28,487.855 tCO₂e using the market-based method and 48,273.44 tCO₂e using the location-based method. a
Since 2019, Primax Electronics's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 46.91%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Primax Electronics's Scope 2 emissions (Location-Based) fell by 14.16% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, Primax Electronics reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Primax Electronics reported 1,973,519.667 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 2023 disclosure of Primax Electronics includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, Primax Electronics reported total Scope 3 emissions of 1,973,519.667 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 48.44% of these emissions originated from upstream activities such as purchased goods and capital goods, while 51.56% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Primax Electronics's Scope 3 emissions increased by 15.2%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
In 2023, Primax Electronics reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2023, the largest contributors to Primax Electronics's Scope 3 emissions were: a
In 2023, Primax Electronics reported Scope 1 greenhouse gas (GHG) emissions of 4,974.124 tCO₂e and total revenues of USD 1,972 millions. This translates into an emissions intensity of 2.52 tCO₂e per millions USD. a
In 2023, Primax Electronics reported a Scope 1 emissions intensity of 2.52 tCO₂e per millions USD. Compared to the peer group median of 1.62 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Primax Electronics ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Primax Electronics is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, Primax Electronics reported a total carbon footprint of 2,026,767.231 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.25% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Primax Electronics's total carbon footprint was Scope 3 emissions, accounting for 97.37% of the company's total carbon footprint, followed by Scope 2 emissions at 2.38%. a