SOL SpA
SOL's GHG Emissions Data Preview
In 2023, SOL 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).
SOL has also provided a category-level breakdown for 7 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 | 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.  a | 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.  a | 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.  a | 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.  a | 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.  a | 0000000 |
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Verified Sources Behind SOL’s Greenhouse Gas (GHG) Emissions Data
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Insights into SOL's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of SOL amounted to 294,778 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 SOL decreased by 5.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
SOL's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SOL's Scope 1 emissions?
In 2023, the total Scope 1 emissions of SOL were 61,339 metric tons of CO₂ equivalent (tCO₂e). a
Has SOL reduced its Scope 1 emissions over time?
Since 2019, SOL's Scope 1 emissions have increased by 46.77%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), SOL's Scope 1 emissions increased by 2.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are SOL's Scope 2 emissions?
In 2023, SOL reported Scope 2 greenhouse gas (GHG) emissions of 285,230 tCO₂e using the market-based method and 233,439 tCO₂e using the location-based method. a
Has SOL reduced its Scope 2 emissions over time?
Since 2019, SOL's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 20.36%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), SOL's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SOL 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does SOL use for Scope 2 reporting?
In 2023, SOL reported its Scope 2 emissions using the market-based method and using the location-based method. a
SOL's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into SOL's Value Chain Emissions
In 2023, SOL reported 2,426,814 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 SOL includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
SOL's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are SOL's Scope 3 emissions?
In 2023, SOL reported total Scope 3 emissions of 2,426,814 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 40.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 59.87% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), SOL's Scope 3 emissions increased by 42.44%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does SOL disclose?
In 2023, SOL reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of SOL's Scope 3 emissions?
In 2023, the largest contributors to SOL's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 1,452,971 tCO₂e (59.87%)
- Purchased Goods and Services (Cat. 1): 796,335 tCO₂e (32.81%)
- Capital Goods (Cat. 2): 69,278 tCO₂e (2.85%)
SOL's Scope 3 Emissions by Categories
Insights into SOL's Total Carbon Footprint
In 2023, SOL reported a total carbon footprint of 2,721,592 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to SOL's total carbon footprint was Scope 3 emissions, accounting for 89.17% of the company's total carbon footprint, followed by Scope 2 emissions at 8.58%. a