In 2025, 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).
Qube Holdings has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 414,891a | 395,215a | 392,246a | |
Total Scope 2 | ||||
Location-Based | 22,561a | 20,465a | 20,776a | |
Total Scope 3 | 113,000a | 104,330b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 154.23a | 184.2203a | 209.2741a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Qube Holdings amounted to 437,452 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 2024, the total operational greenhouse gas (GHG) emissions of Qube Holdings increased by 5.24%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Qube Holdings were 414,891 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Qube Holdings's Scope 1 emissions have increased by 33.55%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Qube Holdings's Scope 1 emissions increased by 4.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Qube Holdings reported Scope 2 greenhouse gas (GHG) emissions of 22,561 tCO₂e using the location-based method.a
Since 2019, 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 (2024), Qube Holdings's Scope 2 emissions (Location-Based) rose by 10.24% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2025, Qube Holdings reported its Scope 2 emissions using the location-based method.a
In 2025, Qube Holdings reported 113,000 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 2025 disclosure of Qube Holdings includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2025, Qube Holdings reported total Scope 3 emissions of 113,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), Qube Holdings's Scope 3 emissions remained relatively stable, indicating that Qube Holdings's emissions have plateaued with no significant change in its value chain footprint.ab
In 2025, Qube Holdings reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to Qube Holdings's Scope 3 emissions were:a
In 2025, Qube Holdings reported Scope 1 greenhouse gas (GHG) emissions of 414,891 tCO₂e and total revenues of USD 2,690 millions. This translates into an emissions intensity of 154.23 tCO₂e per millions USD.a
In 2025, Qube Holdings reported a Scope 1 emissions intensity of 154.23 tCO₂e per millions USD. Compared to the peer group median of 17.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Qube Holdings ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Qube Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Qube Holdings reported a total carbon footprint of 550,452 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.85% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Qube Holdings's total carbon footprint was Scope 1 emissions, accounting for 75.37% of the company's total carbon footprint, followed by Scope 3 emissions at 20.53%.a