In 2024, Puig Brands 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).
Puig Brands has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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 2024, the total operational greenhouse gas (GHG) emissions of Puig Brands amounted to 7,361 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 Puig Brands decreased by 10.4%, 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 Puig Brands were 3,347 metric tons of CO₂ equivalent (tCO₂e). a
Since 2022, Puig Brands's Scope 1 emissions have decreased by 37.47%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Puig Brands's Scope 1 emissions decreased by 19.93%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Puig Brands reported Scope 2 greenhouse gas (GHG) emissions of 1,082 tCO₂e using the market-based method and 4,014 tCO₂e using the location-based method. a
Since 2022, Puig Brands's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 12.43%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Puig Brands's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Puig Brands 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Puig Brands reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Puig Brands reported 561,281 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 Puig Brands includes a breakdown across 14 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, Puig Brands reported total Scope 3 emissions of 561,281 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 97.38% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.62% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2022, Puig Brands's Scope 3 emissions have remained relatively stable, indicating that Puig Brands 's emissions have plateaued with no significant change in its value chain footprint. a b
Compared to the previous year (2023), Puig Brands's Scope 3 emissions decreased by 14.37%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2024, Puig Brands reported emissions for 14 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 2024, the largest contributors to Puig Brands's Scope 3 emissions were: a
In 2023, Puig Brands reported Scope 1 greenhouse gas (GHG) emissions of 4,180 tCO₂e and total revenues of USD 4,764 millions. This translates into an emissions intensity of 0.88 tCO₂e per millions USD. a
In 2023, Puig Brands reported a Scope 1 emissions intensity of 0.88 tCO₂e per millions USD. Compared to the peer group median of 3.86 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, Puig Brands ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Puig Brands among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Puig Brands reported a total carbon footprint of 568,642 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.32% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Puig Brands's total carbon footprint was Scope 3 emissions, accounting for 98.71% of the company's total carbon footprint, followed by Scope 2 emissions at 0.71%. a