In 2023, Ratch Group 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, Ratch Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,984,325a | 8,515,787a | 6,412,471a | |
Total Scope 2 | ||||
Market-Based | 0a | 0a | 0a | |
Location-Based | 28,362a | 31,367a | 38,918a | |
Total Scope 3 | 1,549,089a | 3,113,000a | 2,662,156a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3,929.2435a | 3,946.4796a | 5,712.1456a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Ratch Group amounted to 5,012,687 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 2022, the total operational greenhouse gas (GHG) emissions of Ratch Group decreased by 41.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Ratch Group were 4,984,325 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Ratch Group's Scope 1 emissions have decreased by 22.27%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Ratch Group's Scope 1 emissions decreased by 41.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Ratch Group reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 28,362 tCO₂e using the location-based method.a
Since 2021, Ratch Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 27.12%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Ratch Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Ratch Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Ratch Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Ratch Group reported 1,549,089 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 2023 disclosure of Ratch Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Ratch Group reported total Scope 3 emissions of 1,549,089 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Ratch Group's Scope 3 emissions have decreased by 41.81%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Ratch Group's Scope 3 emissions decreased by 50.24%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Ratch Group reported Scope 1 greenhouse gas (GHG) emissions of 4,984,325 tCO₂e and total revenues of USD 1,269 millions. This translates into an emissions intensity of 3,929.24 tCO₂e per millions USD.a
In 2023, Ratch Group reported a Scope 1 emissions intensity of 3,929.24 tCO₂e per millions USD. Compared to the peer group median of 1,753.72, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Ratch Group ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Ratch Group among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, Ratch Group reported a total carbon footprint of 6,561,776 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 43.72% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Ratch Group's total carbon footprint was Scope 1 emissions, accounting for 75.96% of the company's total carbon footprint, followed by Scope 3 emissions at 23.61%.a