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In 2024, Smiths News 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).
Smiths News has also provided a category-level breakdown for 1 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofSmiths News amounted to2,172.2metric 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 Smiths Newsdecreased by 9.83%, 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 Smiths News were 1,358.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2022, Smiths News's Scope 1 emissions have decreased by 11.54%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Smiths News's Scope 1 emissions decreased by 12.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Smiths News reported Scope 2 greenhouse gas (GHG) emissions of 813.4 tCOâ‚‚e using the location-based method.a
Since 2022, Smiths News's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 11.2%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Smiths News's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Smiths News's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Smiths News reported its Scope 2 emissions using the location-based method.a
In 2024, Smiths News reported 10,368.3 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 Smiths News includes a breakdown across 1of 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, Smiths News reported total Scope 3 emissions of 10,368.3 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
Since 2022, Smiths News's Scope 3 emissionshave decreased by 96.11%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Smiths News's Scope 3 emissions increased by 14.13%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Smiths News reported emissions for 1 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.
In 2024, the largest contributors to Smiths News's Scope 3 emissions were:a
In 2024, Smiths News reported Scope 1 greenhouse gas (GHG) emissions of 1,358.8 tCOâ‚‚e and total revenues of USD 1,453 millions. This translates into an emissions intensity of 0.94 tCOâ‚‚e per millions USD.a
In 2024, Smiths News reported a Scope 1 emissions intensity of 0.94 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.64, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Smiths News ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Smiths News is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Smiths News reported a total carbon footprint of 12,540.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.1% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Smiths News's total carbon footprint was Scope 3 emissions, accounting for 82.68% of the company's total carbon footprint, followed by Scope 1 emissions at 10.84%.a