Qube Holdings Ltd

Common Name
Qube Holdings
Country
Australia
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
N/A
Ticker
QUB
Exchange
ASX
Description
Qube Holdings Ltd. is an Australian logistics and infrastructure company serving as an integral component of the country’s supply chain landscape. It primarily functions to enhance the efficiency of f...

Qube Holdings's GHG Emissions Data Preview

In 2024, Qube Holdings 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, Qube Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Qube Holdings’s Greenhouse Gas (GHG) Emissions Data

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a. Qube Holdings's Sustainability Report 2024
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Insights into Qube Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Qube Holdings amounted to 403,178 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 Qube Holdings decreased by 2.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Qube Holdings's Scope 1 Emissions Over Time

20182019202020212022202320240100 k200 k300 k400 ktCO2e+1%-1%-1%+31%-1%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Qube Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Qube Holdings were 382,713 metric tons of CO₂ equivalent (tCO₂e). a

Has Qube Holdings reduced its Scope 1 emissions over time?

Since 2018, Qube Holdings's Scope 1 emissions have increased by 24.14%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Qube Holdings's Scope 1 emissions decreased by 2.43%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Qube Holdings's Scope 2 emissions?

In 2024, Qube Holdings reported Scope 2 greenhouse gas (GHG) emissions of 20,465 tCO₂e using the location-based method. a

Has Qube Holdings reduced its Scope 2 emissions over time?

Since 2018, Qube Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Qube Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), Qube Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Qube Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Qube Holdings use for Scope 2 reporting?

In 2024, Qube Holdings reported its Scope 2 emissions using the location-based method. a

Qube Holdings's Scope 2 Emissions Over Time

201820192020202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based

Insights into Qube Holdings's Value Chain Emissions

In 2024, Qube Holdings reported 104,330 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 Qube Holdings 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

Qube Holdings's Scope 3 Emissions Over Time

2024030 k60 k90 k120 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Qube Holdings's Scope 3 emissions?

In 2024, Qube Holdings reported total Scope 3 emissions of 104,330 metric tons of CO₂ equivalent (tCO₂e). a

Insights into Qube Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Qube Holdings reported Scope 1 greenhouse gas (GHG) emissions of 382,713 tCO₂e and total revenues of USD 2,145 millions. This translates into an emissions intensity of 178.39 tCO₂e per millions USD. a

Qube Holdings's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)SSZSankyuYear: 2020Scope 1: 19,000 tCO2eRevenue: $M 5,271Scope 1 Intensity: 3.60 tCO2e/$MPitney BowesYear: 2023Scope 1: 48,050 tCO2eRevenue: $M 3,266Scope 1 Intensity: 14.71 tCO2e/$MMitsubishi LogisticsYear: 2022Scope 1: 5,111 tCO2eRevenue: $M 2,108Scope 1 Intensity: 2.42 tCO2e/$MSSSenko Group HoldingsYear: 2023Scope 1: 347,622 tCO2eRevenue: $M 5,227Scope 1 Intensity: 66.50 tCO2e/$MUnited Parcel ServiceYear: 2024Scope 1: 14,408,000 tCO2eRevenue: $M 91,070Scope 1 Intensity: 158.21 tCO2e/$MJSLYear: 2023Scope 1: 417,096 tCO2eRevenue: $M 1,562Scope 1 Intensity: 267.08 tCO2e/$MT3EX Global HoldingsYear: 2023Scope 1: 1,108 tCO2eRevenue: $M 477Scope 1 Intensity: 2.32 tCO2e/$MGrindrodYear: 2023Scope 1: 23,658 tCO2eRevenue: $M 264Scope 1 Intensity: 89.48 tCO2e/$MFedExYear: 2024Scope 1: 14,842,148 tCO2eRevenue: $M 87,693Scope 1 Intensity: 169.25 tCO2e/$MSSShanghai Zhonggu LogisticsYear: 2023Scope 1: 1,005,206 tCO2eRevenue: $M 1,750Scope 1 Intensity: 574.33 tCO2e/$MSinotransYear: 2023Scope 1: 84,508 tCO2eRevenue: $M 14,319Scope 1 Intensity: 5.90 tCO2e/$MDelhiveryYear: 2024Scope 1: 156,886 tCO2eRevenue: $M 976Scope 1 Intensity: 160.70 tCO2e/$MDeutsche PostYear: 2024Scope 1: 7,660,000 tCO2eRevenue: $M 87,605Scope 1 Intensity: 87.44 tCO2e/$MMainfreightYear: 2023Scope 1: 303,309 tCO2eRevenue: $M 3,550Scope 1 Intensity: 85.45 tCO2e/$MJD LogisticsYear: 2023Scope 1: 1,807,000 tCO2eRevenue: $M 23,445Scope 1 Intensity: 77.07 tCO2e/$MSCGJWD LogisticsYear: 2023Scope 1: 24,086 tCO2eRevenue: $M 689Scope 1 Intensity: 34.94 tCO2e/$MKamigumiYear: 2023Scope 1: 32,077 tCO2eRevenue: $M 2,058Scope 1 Intensity: 15.59 tCO2e/$MKLN Logistics GroupYear: 2023Scope 1: 221,739 tCO2eRevenue: $M 6,071Scope 1 Intensity: 36.52 tCO2e/$MStefYear: 2024Scope 1: 271,164 tCO2eRevenue: $M 4,996Scope 1 Intensity: 54.28 tCO2e/$MZZZTO Express (Cayman)Year: 2023Scope 1: 1,402,275 tCO2eRevenue: $M 5,406Scope 1 Intensity: 259.40 tCO2e/$MNippon Express HoldingsYear: 2023Scope 1: 547,000 tCO2eRevenue: $M 15,831Scope 1 Intensity: 34.55 tCO2e/$MGXO LogisticsYear: 2023Scope 1: 236,693 tCO2eRevenue: $M 9,778Scope 1 Intensity: 24.21 tCO2e/$MQube HoldingsYear: 2024Scope 1: 382,713 tCO2eRevenue: $M 2,145Scope 1 Intensity: 178.39 tCO2e/$M

How does Qube Holdings's GHG emissions intensity compare to its peers?

In 2024, Qube Holdings reported a Scope 1 emissions intensity of 178.39 tCO₂e per millions USD. Compared to the peer group median of 60.39, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Qube Holdings rank on GHG emissions intensity within its industry?

In 2024, Qube Holdings ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Qube Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Qube Holdings's Total Carbon Footprint

In 2024, Qube Holdings reported a total carbon footprint of 507,508 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Qube Holdings's total carbon footprint was Scope 1 emissions, accounting for 75.41% of the company's total carbon footprint, followed by Scope 3 emissions at 20.56%. a

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