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SIG PLC
SIG's GHG Emissions Data Preview
In 2024, SIG 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).
SIG has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind SIG’s Greenhouse Gas (GHG) Emissions Data
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Insights into SIG's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofSIG amounted to42,344metric 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 SIGdecreased by 5.84%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
SIG's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SIG's Scope 1 emissions?
In 2024, the total Scope 1 emissions of SIG were 37,827 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), SIG's Scope 1 emissions decreased by 6.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are SIG's Scope 2 emissions?
In 2024, SIG reported Scope 2 greenhouse gas (GHG) emissions of 1,250 tCOâ‚‚e using the market-based method and 4,517 tCOâ‚‚e using the location-based method.a
Has SIG reduced its Scope 2 emissions over time?
Compared to the previous year(2023), SIG's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that SIG's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does SIG use for Scope 2 reporting?
In 2024, SIG reported its Scope 2 emissions using the market-based method and using the location-based method.a
SIG's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into SIG's Value Chain Emissions
In 2024, SIG reported 5,068 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 SIG includes a breakdown across 2of 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
SIG's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are SIG's Scope 3 emissions?
In 2024, SIG reported total Scope 3 emissions of 5,068 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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), SIG's Scope 3 emissions remained relatively stable, indicating that SIG's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does SIG disclose?
In 2024, SIG reported emissions for 2 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.
What are the main sources of SIG's Scope 3 emissions?
In 2024, the largest contributors to SIG's Scope 3 emissions were:a
- Upstream Transportation and Distribution (Cat. 4): 4,719 tCOâ‚‚e(93.11%)
- Business Travel (Cat. 6): 349 tCOâ‚‚e(6.89%)
SIG's Scope 3 Emissions by Categories
Insights into SIG’s GHG Emissions Intensity Compared to Industry Peers
In 2024, SIG reported Scope 1 greenhouse gas (GHG) emissions of 37,827 tCOâ‚‚e and total revenues of USD 3,278 millions. This translates into an emissions intensity of 11.54 tCOâ‚‚e per millions USD.a
SIG's Scope 1 Emissions Intensity Compared to Peers
How does SIG's GHG emissions intensity compare to its peers?
In 2024, SIG reported a Scope 1 emissions intensity of 11.54 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.43, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does SIG rank on GHG emissions intensity within its industry?
In 2024, SIG ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
SIG is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into SIG's Total Carbon Footprint
In 2024, SIG reported a total carbon footprint of 47,412 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.28% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to SIG's total carbon footprint was Scope 1 emissions, accounting for 79.78% of the company's total carbon footprint, followed by Scope 3 emissions at 10.69%.a