In 2024, Prio 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).
However, Prio has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 824,731a | 430,000b | N/A | |
Total Scope 2 | ||||
Location-Based | 19a | 14a | 12a | |
Total Scope 3 | 42,602a | 26,800a | 27,744a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 354.7962a | 175.1851b | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Prio amounted to 824,750 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 Prio increased by 91.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Prio were 824,731 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Prio's Scope 1 emissions have increased by 118.39%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Prio's Scope 1 emissions increased by 91.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Prio reported Scope 2 greenhouse gas (GHG) emissions of 19 tCO₂e using the location-based method.a
Since 2021, Prio's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 50.11%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Prio's Scope 2 emissions (Location-Based) rose by 35.71% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Prio reported its Scope 2 emissions using the location-based method.a
In 2024, Prio reported 42,602 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 Prio includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Prio reported total Scope 3 emissions of 42,602 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Prio's Scope 3 emissions have increased by 271.58%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Prio's Scope 3 emissions increased by 58.96%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Prio reported Scope 1 greenhouse gas (GHG) emissions of 824,731 tCO₂e and total revenues of USD 2,325 millions. This translates into an emissions intensity of 354.8 tCO₂e per millions USD.a
In 2024, Prio reported a Scope 1 emissions intensity of 354.8 tCO₂e per millions USD. Compared to the peer group median of 393.29, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Prio ranked 9 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Prio is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Prio reported a total carbon footprint of 867,352 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 89.87% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Prio's total carbon footprint was Scope 1 emissions, accounting for 95.09% of the company's total carbon footprint, followed by Scope 3 emissions at 4.91%.a