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Quanex Extruded Solutions Ltd
Quanex Extruded Solutions's Climate Target Data Preview
As of 2023, Quanex Extruded Solutions has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Quanex Extruded Solutions's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Revenue | Copy restricted. Please purchase to unlock this data.  a | 2026 |
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Insights into Quanex Extruded Solutions's Greenhouse Gas Emissions Pathways
As of 2023, Quanex Extruded Solutions has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does Quanex Extruded Solutions have a target to reduce the emissions from its operations?
As of 2023, Quanex Extruded Solutions has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Quanex Extruded Solutions's most ambitious operational target is to reduce these emissions by 50% by 2026, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Revenue in 2019.a
As of 2023, Quanex Extruded Solutions is ahead of schedule on its operational emissions reduction target, having achieved 84% of the planned reduction.a
Quanex Extruded Solutions's Operational (Scope 1+2) Emissions Pathway
Does Quanex Extruded Solutions have a target to reduce the emissions from its value chain?
As of 2023, Quanex Extruded Solutions has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Quanex Extruded Solutions's most ambitious value chain target is to reduce these emissions by 27.5% by 2030, compared to a baseline of 421,395 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
Instead of reducing value chain emissions, Quanex Extruded Solutions has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.a