In 2025, Quest 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).
Quest Holdings has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 |
|---|---|---|
Total Scope 1 | 1,356.2a | 1,392.9a |
Total Scope 2 | ||
Market-Based | 2,015.4a | 2,096.06a |
Location-Based | 3,496.2a | 3,395.67a |
Total Scope 3 | 323,213a | 239,204.8a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.7846a | 1.0099a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Quest Holdings amounted to 4,852.4 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 Quest Holdings increased by 1.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Quest Holdings were 1,356.2 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2024), Quest Holdings's Scope 1 emissions decreased by 2.63%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Quest Holdings reported Scope 2 greenhouse gas (GHG) emissions of 2,015.4 tCO₂e using the market-based method and 3,496.2 tCO₂e using the location-based method.a
Compared to the previous year (2024), Quest Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Quest Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, Quest Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Quest Holdings reported 323,213 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 Quest Holdings includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Quest Holdings reported total Scope 3 emissions of 323,213 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 60.25% of these emissions originated from upstream activities such as purchased goods and capital goods, while 39.75% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), Quest Holdings's Scope 3 emissions increased by 35.12%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2025, Quest Holdings reported emissions for 15 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 2025, the largest contributors to Quest Holdings's Scope 3 emissions were:a
In 2025, Quest Holdings reported Scope 1 greenhouse gas (GHG) emissions of 1,356.2 tCO₂e and total revenues of USD 1,729 millions. This translates into an emissions intensity of 0.78 tCO₂e per millions USD.a
In 2025, Quest Holdings reported a Scope 1 emissions intensity of 0.78 tCO₂e per millions USD. Compared to the peer group median of 0.33, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Quest Holdings ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Quest Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Quest Holdings reported a total carbon footprint of 328,065.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.46% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Quest Holdings's total carbon footprint was Scope 3 emissions, accounting for 98.52% of the company's total carbon footprint, followed by Scope 2 emissions at 1.07%.a