In 2024, Resideo Technologies 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).
Resideo Technologies has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 18,014a | 18,516a | 20,120a | |
Total Scope 2 | ||||
Market-Based | 40,464a | 46,657a | 51,863a | |
Location-Based | 39,409a | 44,344a | 44,709a | |
Total Scope 3 | 766,232a | 400,226b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.6644a | 2.9664a | 3.1586a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Resideo Technologies amounted to 57,423 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 Resideo Technologies decreased by 8.65%, 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 Resideo Technologies were 18,014 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Resideo Technologies's Scope 1 emissions have decreased by 10.47%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Resideo Technologies's Scope 1 emissions decreased by 2.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Resideo Technologies reported Scope 2 greenhouse gas (GHG) emissions of 40,464 tCO₂e using the market-based method and 39,409 tCO₂e using the location-based method.a
Since 2022, Resideo Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 11.85%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Resideo Technologies's Scope 2 emissions (Location-Based) fell by 11.13% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Resideo Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Resideo Technologies reported 766,232 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 Resideo Technologies includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Resideo Technologies reported total Scope 3 emissions of 766,232 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
Compared to the previous year (2023), Resideo Technologies's Scope 3 emissions increased by 91.45%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Resideo Technologies reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Resideo Technologies's Scope 3 emissions were:a
In 2024, Resideo Technologies reported Scope 1 greenhouse gas (GHG) emissions of 18,014 tCO₂e and total revenues of USD 6,761 millions. This translates into an emissions intensity of 2.66 tCO₂e per millions USD.a
In 2024, Resideo Technologies reported a Scope 1 emissions intensity of 2.66 tCO₂e per millions USD. Compared to the peer group median of 6.87, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Resideo Technologies ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Resideo Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Resideo Technologies reported a total carbon footprint of 823,655 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 77.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Resideo Technologies's total carbon footprint was Scope 3 emissions, accounting for 93.03% of the company's total carbon footprint, followed by Scope 2 emissions at 4.78%.a