In 2024, Radiant Opto-Electronics 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, Radiant Opto-Electronics has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,014.01a | 2,055.112a | 2,633.44a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 68,276.179a | 69,669.57a | 104,970.61a | |
Total Scope 3 | 60,803.819a | 62,044.713a | 74,260.72a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.2778a | 1.43a | 1.3786a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Radiant Opto-Electronics amounted to 70,290.188 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 Radiant Opto-Electronics decreased by 2%, 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 Radiant Opto-Electronics were 2,014.01 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Radiant Opto-Electronics's Scope 1 emissions have decreased by 36.96%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Radiant Opto-Electronics's Scope 1 emissions decreased by 2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Radiant Opto-Electronics reported Scope 2 greenhouse gas (GHG) emissions of 68,276.179 tCO₂e without specifying the calculation method.a
Since 2020, Radiant Opto-Electronics's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 38.85%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Radiant Opto-Electronics's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Radiant Opto-Electronics's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Radiant Opto-Electronics reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Radiant Opto-Electronics reported 60,803.819 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 Radiant Opto-Electronics includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, Radiant Opto-Electronics reported total Scope 3 emissions of 60,803.819 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Radiant Opto-Electronics's Scope 3 emissions have decreased by 35.24%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Radiant Opto-Electronics's Scope 3 emissions remained relatively stable, indicating that Radiant Opto-Electronics's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Radiant Opto-Electronics reported Scope 1 greenhouse gas (GHG) emissions of 2,014.01 tCO₂e and total revenues of USD 1,576 millions. This translates into an emissions intensity of 1.28 tCO₂e per millions USD.a
In 2024, Radiant Opto-Electronics reported a Scope 1 emissions intensity of 1.28 tCO₂e per millions USD. Compared to the peer group median of 3.74, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Radiant Opto-Electronics ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Radiant Opto-Electronics is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Radiant Opto-Electronics reported a total carbon footprint of 131,094.007 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Radiant Opto-Electronics's total carbon footprint was Scope 2 emissions, accounting for 52.08% of the company's total carbon footprint, followed by Scope 3 emissions at 46.38%.a