In 2024, SCR- Sibelco 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).
SCR- Sibelco has also provided a category-level breakdown for 11 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 | 239,778a | 241,933a | 281,448a | |
Total Scope 2 | ||||
Market-Based | 170,301a | 165,295a | 183,504a | |
Location-Based | 146,932a | 149,245a | 166,546a | |
Total Scope 3 | 8,342,118a | 9,044,161a | 10,229,217a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 103.5706a | 103.8776a | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of SCR- Sibelco amounted to 386,710 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 SCR- Sibelco decreased by 1.14%, 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 SCR- Sibelco were 239,778 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, SCR- Sibelco's Scope 1 emissions have decreased by 20.73%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), SCR- Sibelco's Scope 1 emissions remained relatively stable, indicating that SCR- Sibelco's emissions have plateaued with no significant change in its operational footprint.a
In 2024, SCR- Sibelco reported Scope 2 greenhouse gas (GHG) emissions of 170,301 tCO₂e using the market-based method and 146,932 tCO₂e using the location-based method.a
Since 2021, SCR- Sibelco's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 18.81%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), SCR- Sibelco's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SCR- Sibelco's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, SCR- Sibelco reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, SCR- Sibelco reported 8,342,118 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 SCR- Sibelco includes a breakdown across 11 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
In 2024, SCR- Sibelco reported total Scope 3 emissions of 8,342,118 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 31.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 68.45% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, SCR- Sibelco's Scope 3 emissions have decreased by 27.47%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), SCR- Sibelco's Scope 3 emissions remained relatively stable, indicating that SCR- Sibelco's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, SCR- Sibelco reported emissions for 11 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.
In 2024, the largest contributors to SCR- Sibelco's Scope 3 emissions were:a
In 2024, SCR- Sibelco reported Scope 1 greenhouse gas (GHG) emissions of 239,778 tCO₂e and total revenues of USD 2,315 millions. This translates into an emissions intensity of 103.57 tCO₂e per millions USD.a
In 2024, SCR- Sibelco reported a Scope 1 emissions intensity of 103.57 tCO₂e per millions USD. Compared to the peer group median of 301.95, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, SCR- Sibelco ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
SCR- Sibelco is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, SCR- Sibelco reported a total carbon footprint of 8,728,828 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.49% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to SCR- Sibelco's total carbon footprint was Scope 3 emissions, accounting for 95.57% of the company's total carbon footprint, followed by Scope 1 emissions at 2.75%.a