Rivian Automotive Inc

Common Name
Rivian Automotive
Country
United States
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
14,861
Ticker
RIVN
Exchange
NASDAQ/NGS
Website
rivian.com
Description
Rivian Automotive Inc. is an American electric vehicle manufacturer focused on designing and producing all-electric trucks, sport utility vehicles, and commercial delivery vans. Founded in 2009, the c...

Rivian Automotive's GHG Emissions Data Preview

In 2024, Rivian Automotive 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).

Rivian Automotive has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Insights into Rivian Automotive's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Rivian Automotive amounted to 166,751 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 Rivian Automotive decreased by 7.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Rivian Automotive's Scope 1 Emissions Over Time

202220232024010 k20 k30 k40 ktCO2e+23%-19%
  • Total Scope 1
  • Year-over-Year Change

What are Rivian Automotive's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Rivian Automotive were 32,082 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Rivian Automotive reduced its Scope 1 emissions over time?

Since 2022, Rivian Automotive's Scope 1 emissions have remained relatively, stable, indicating that Rivian Automotive's emissions have plateaued with no significant change in its operational footprint. a

Compared to the previous year (2023), Rivian Automotive's Scope 1 emissions decreased by 19.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Rivian Automotive's Scope 2 emissions?

In 2024, Rivian Automotive reported Scope 2 greenhouse gas (GHG) emissions of 143,672 tCOâ‚‚e using the market-based method and 134,669 tCOâ‚‚e using the location-based method. a

Has Rivian Automotive reduced its Scope 2 emissions over time?

Since 2022, Rivian Automotive's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 34.23%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Rivian Automotive's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Rivian Automotive 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Rivian Automotive use for Scope 2 reporting?

In 2024, Rivian Automotive reported its Scope 2 emissions using the market-based method and using the location-based method. a

Rivian Automotive's Scope 2 Emissions Over Time

202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Rivian Automotive's Value Chain Emissions

In 2024, Rivian Automotive reported 4,141,517 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Rivian Automotive includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Rivian Automotive's Scope 3 Emissions Over Time

20222023202401.5 M3 M4.5 M6 MtCO2e+108%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Rivian Automotive's Scope 3 emissions?

In 2024, Rivian Automotive reported total Scope 3 emissions of 4,141,517 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Approximately 48.84% of these emissions originated from upstream activities such as purchased goods and capital goods, while 51.16% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Rivian Automotive reduced its Scope 3 emissions over time?

Since 2022, Rivian Automotive's Scope 3 emissions have increased by 101.8%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Rivian Automotive's Scope 3 emissions remained relatively stable, indicating that Rivian Automotive 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does Rivian Automotive disclose?

In 2024, Rivian Automotive reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Rivian Automotive's Scope 3 emissions?

In 2024, the largest contributors to Rivian Automotive's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 2,108,889 tCOâ‚‚e (50.92%)
  • Purchased Goods and Services (Cat. 1): 1,589,148 tCOâ‚‚e (38.37%)
  • Capital Goods (Cat. 2): 218,005 tCOâ‚‚e (5.26%)

Rivian Automotive's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(50.9%)Purchased Goods andServices (Cat. 1)(38.4%)Capital Goods(Cat. 2)(5.3%)

Insights into Rivian Automotive's Total Carbon Footprint

In 2024, Rivian Automotive reported a total carbon footprint of 4,308,268 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.05% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Rivian Automotive's total carbon footprint was Scope 3 emissions, accounting for 96.13% of the company's total carbon footprint, followed by Scope 2 emissions at 3.13%. a

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