In 2023, Rechi Precision 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, Rechi Precision 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 | 3,841.76a | 4,207.2a | 5,857.25a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 4,809.9a | 5,225.16a | 5,134.86a | |
Total Scope 3 | 3,880.62a | 3,380.07b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.9903a | 7.0373a | 7.1843a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Rechi Precision amounted to 8,651.66 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 Rechi Precision decreased by 8.28%, 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 Rechi Precision were 3,841.76 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Rechi Precision's Scope 1 emissions have decreased by 34.41%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Rechi Precision's Scope 1 emissions decreased by 8.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Rechi Precision reported Scope 2 greenhouse gas (GHG) emissions of 4,809.9 tCO₂e without specifying the calculation method.a
Since 2021, Rechi Precision's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Rechi Precision's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2022), Rechi Precision's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Rechi Precision's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Rechi Precision reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Rechi Precision reported 3,880.62 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 Rechi Precision 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, Rechi Precision reported total Scope 3 emissions of 3,880.62 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Rechi Precision's Scope 3 emissions increased by 14.81%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2023, Rechi Precision reported Scope 1 greenhouse gas (GHG) emissions of 3,841.76 tCO₂e and total revenues of USD 550 millions. This translates into an emissions intensity of 6.99 tCO₂e per millions USD.a
In 2023, Rechi Precision reported a Scope 1 emissions intensity of 6.99 tCO₂e per millions USD. Compared to the peer group median of 4.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Rechi Precision ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Rechi Precision is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Rechi Precision reported a total carbon footprint of 12,532.28 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.19% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Rechi Precision's total carbon footprint was Scope 2 emissions, accounting for 38.38% of the company's total carbon footprint, followed by Scope 3 emissions at 30.96%.a