In 2023, Regional 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).
Regional has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Regional amounted to 6,947 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 Regional increased by 2.95%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
In 2023, the total Scope 1 emissions of Regional were 692 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Regional's Scope 1 emissions have increased by 7.58%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Regional's Scope 1 emissions increased by 25.81%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
In 2023, Regional reported Scope 2 greenhouse gas (GHG) emissions of 6,255 tCO₂e without specifying the calculation method. a
Since 2018, Regional's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 14.52%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Regional's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Regional 's emissions have plateaued with no significant change in its energy consumption footprint. a b
In 2023, Regional reported its Scope 2 emissions using an unspecified methodology. a
In 2023, Regional reported 178 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 Regional includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, Regional reported total Scope 3 emissions of 178 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
Since 2018, Regional's Scope 3 emissions have decreased by 17.77%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Regional's Scope 3 emissions decreased by 15.26%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
In 2023, Regional reported emissions for 1 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 2023, the largest contributors to Regional's Scope 3 emissions were: a
In 2023, Regional reported Scope 1 greenhouse gas (GHG) emissions of 692 tCO₂e and total revenues of USD 916 millions. This translates into an emissions intensity of 0.76 tCO₂e per millions USD. a
In 2023, Regional reported a Scope 1 emissions intensity of 0.76 tCO₂e per millions USD. Compared to the peer group median of 0.39 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Regional ranked 14 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Regional is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, Regional reported a total carbon footprint of 7,125 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.4% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Regional's total carbon footprint was Scope 2 emissions, accounting for 87.79% of the company's total carbon footprint, followed by Scope 1 emissions at 9.71%. a