In 2023, SMC 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).
SMC has also provided a category-level breakdown for 15 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 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of SMC amounted to 136,548 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 SMC decreased by 24.04%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of SMC were 50,507 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, SMC's Scope 1 emissions have remained relatively, stable, indicating that SMC's emissions have plateaued with no significant change in its operational footprint.a
Compared to the previous year (2022), SMC's Scope 1 emissions decreased by 16.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, SMC reported Scope 2 greenhouse gas (GHG) emissions of 86,041 tCO₂e without specifying the calculation method.a
Since 2019, SMC's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 21.92%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), SMC's Scope 2 emissions (Unspecified Calculation Method) fell by 27.78% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, SMC reported its Scope 2 emissions using an unspecified methodology.a
In 2023, SMC reported 22,832,000 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 SMC includes a breakdown across 15 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 chaina
In 2023, SMC reported total Scope 3 emissions of 22,832,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 9.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 90.79% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2023, SMC reported emissions for 15 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 2023, the largest contributors to SMC's Scope 3 emissions were:a
In 2023, SMC reported Scope 1 greenhouse gas (GHG) emissions of 50,507 tCO₂e and total revenues of USD 6,192 millions. This translates into an emissions intensity of 8.16 tCO₂e per millions USD.a
In 2023, SMC reported a Scope 1 emissions intensity of 8.16 tCO₂e per millions USD. Compared to the peer group median of 3.4, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, SMC ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
SMC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, SMC reported a total carbon footprint of 22,968,548 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12,676.42% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to SMC's total carbon footprint was Scope 3 emissions, accounting for 99.41% of the company's total carbon footprint, followed by Scope 2 emissions at 0.37%.a