In 2025, Solteq 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).
Solteq has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 1.63a | 12.9a | 23.679b | |
Total Scope 2 | ||||
Market-Based | 46.3a | 67.2a | 80.2c | |
Location-Based | 46.8a | 95.3a | 175.2c | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 318a | 1,203.3a | 689.1c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0297a | 0.2437a | 0.3711b |
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In 2025, the total operational greenhouse gas (GHG) emissions of Solteq amounted to 48.43 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 2024, the total operational greenhouse gas (GHG) emissions of Solteq decreased by 55.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Solteq were 1.63 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Solteq's Scope 1 emissions have decreased by 94.61%, reflecting a declining long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2024), Solteq's Scope 1 emissions decreased by 87.36%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Solteq reported Scope 2 greenhouse gas (GHG) emissions of 46.3 tCO₂e using the market-based method and 46.8 tCO₂e using the location-based method.a
Compared to the previous year (2024), Solteq's Scope 2 emissions (Location-Based) fell by 50.89% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2025, Solteq reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Solteq reported 318 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 2025 disclosure of Solteq includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Solteq reported total Scope 3 emissions of 318 metric tons of CO₂ equivalent (tCO₂e).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, Solteq's Scope 3 emissions have decreased by 63.41%, reflecting a declining long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2024), Solteq's Scope 3 emissions decreased by 73.57%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2025, Solteq reported emissions for 3 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 2025, the largest contributors to Solteq's Scope 3 emissions were:a
In 2025, Solteq reported Scope 1 greenhouse gas (GHG) emissions of 1.63 tCO₂e and total revenues of USD 55 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD.a
In 2025, Solteq reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.69, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, Solteq ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Solteq among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2025, Solteq reported a total carbon footprint of 366.43 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 72.06% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Solteq's total carbon footprint was Scope 3 emissions, accounting for 86.78% of the company's total carbon footprint, followed by Scope 2 emissions at 12.77%.a