Societe de Services de Participations, de Direction et d'Elaboration SA

Common Name
Spadel
Country
Belgium
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Employees
1,359
Ticker
SPA
Exchange
EURONEXT
Description
Spadel SA is a leading producer and marketer of natural mineral water and non-alcoholic beverages, operating within the consumer defensive sector. Its primary focus is the bottling and distribution of...

Spadel's GHG Emissions Data Preview

In 2024, Spadel 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).

Spadel has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Spadel’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Spadel’s data sources below and access millions more through our Disclosure Search.

a. Spadel's Annual Report 2024
a. Spadel's Annual Report 2024

Insights into Spadel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Spadel amounted to 11,010 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 Spadel increased by 27.7%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Spadel's Scope 1 Emissions Over Time

2022202402 k4 k6 k8 ktCO2e+38%
  • Total Scope 1
  • Year-over-Year Change

What are Spadel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Spadel were 7,388 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Spadel's Scope 1 emissions increased by 38.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Spadel's Scope 2 emissions?

In 2024, Spadel reported Scope 2 greenhouse gas (GHG) emissions of 17 tCO₂e using the market-based method and 3,622 tCO₂e using the location-based method. a

Has Spadel reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Spadel's Scope 2 emissions (Location-Based) rose by 10.19% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Spadel use for Scope 2 reporting?

In 2024, Spadel reported its Scope 2 emissions using the market-based method and using the location-based method. a

Spadel's Scope 2 Emissions Over Time

2022202409501.9 k2.85 k3.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Spadel's Value Chain Emissions

In 2024, Spadel reported 143,916 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 2024 disclosure of Spadel includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Spadel's Scope 3 Emissions Over Time

20222024040 k80 k120 k160 ktCO2e+6%
  • Total Scope 3
  • Year-over-Year Change

What are Spadel's Scope 3 emissions?

In 2024, Spadel reported total Scope 3 emissions of 143,916 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 95.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.85% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Spadel's Scope 3 emissions remained relatively stable, indicating that Spadel 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Spadel disclose?

In 2024, Spadel reported emissions for 11 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.

What are the main sources of Spadel's Scope 3 emissions?

In 2024, the largest contributors to Spadel's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 89,031 tCO₂e (61.86%)
  • Upstream Transportation and Distribution (Cat. 4): 20,703 tCO₂e (14.39%)
  • Downstream Transportation and Distribution (Cat. 9): 18,603 tCO₂e (12.93%)

Spadel's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(12.9%)Purchased Goods andServices (Cat. 1)(61.9%)UpstreamTransportation andDistribution(Cat. 4)(14.4%)

Insights into Spadel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Spadel reported Scope 1 greenhouse gas (GHG) emissions of 7,388 tCO₂e and total revenues of USD 395 millions. This translates into an emissions intensity of 18.72 tCO₂e per millions USD. a

Spadel's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0001,000,00010,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)CSECoca-Cola Europacific PartnersYear: 2024Scope 1: 357,043 tCO2eRevenue: $M 24,823Scope 1 Intensity: 14.38 tCO2e/$MCarabao GroupYear: 2024Scope 1: 80,681 tCO2eRevenue: $M 611Scope 1 Intensity: 132.14 tCO2e/$MA G BarrYear: 2024Scope 1: 6,888 tCO2eRevenue: $M 522Scope 1 Intensity: 13.19 tCO2e/$MLotte Chilsung BeverageYear: 2024Scope 1: 50,129 tCO2eRevenue: $M 2,743Scope 1 Intensity: 18.28 tCO2e/$MCoca Cola HBCYear: 2024Scope 1: 342,742 tCO2eRevenue: $M 9,685Scope 1 Intensity: 35.39 tCO2e/$MMonster BeverageYear: 2023Scope 1: 15,259 tCO2eRevenue: $M 7,140Scope 1 Intensity: 2.14 tCO2e/$MAnadolu EfesYear: 2024Scope 1: 243,710 tCO2eRevenue: $M 6,542Scope 1 Intensity: 37.26 tCO2e/$MNongfu SpringYear: 2024Scope 1: 205,999 tCO2eRevenue: $M 6,402Scope 1 Intensity: 32.18 tCO2e/$MPepsiCoYear: 2024Scope 1: 3,295,259 tCO2eRevenue: $M 91,854Scope 1 Intensity: 35.88 tCO2e/$MYakult HonshaYear: 2022Scope 1: 258,112 tCO2eRevenue: $M 3,402Scope 1 Intensity: 75.87 tCO2e/$MEmbotelladora AndinaYear: 2023Scope 1: 78,306 tCO2eRevenue: $M 2,972Scope 1 Intensity: 26.35 tCO2e/$MVarun BeveragesYear: 2024Scope 1: 88,224 tCO2eRevenue: $M 2,267Scope 1 Intensity: 38.92 tCO2e/$MCCChina FoodsYear: 2024Scope 1: 50,858 tCO2eRevenue: $M 3,221Scope 1 Intensity: 15.79 tCO2e/$MCoca-Cola FemsaYear: 2023Scope 1: 576,950 tCO2eRevenue: $M 14,447Scope 1 Intensity: 39.93 tCO2e/$MOsotspaYear: 2023Scope 1: 153,645 tCO2eRevenue: $M 757Scope 1 Intensity: 202.98 tCO2e/$MKeurig Dr PepperYear: 2023Scope 1: 286,787 tCO2eRevenue: $M 14,814Scope 1 Intensity: 19.36 tCO2e/$MArca ContinentalYear: 2023Scope 1: 435,138 tCO2eRevenue: $M 12,719Scope 1 Intensity: 34.21 tCO2e/$MFraser & Neave HoldingsYear: 2023Scope 1: 39,253 tCO2eRevenue: $M 1,065Scope 1 Intensity: 36.85 tCO2e/$MCoca-ColaYear: 2024Scope 1: 474,413 tCO2eRevenue: $M 47,061Scope 1 Intensity: 10.08 tCO2e/$MSSSunjuice HoldingsYear: 2023Scope 1: 2,418 tCO2eRevenue: $M 151Scope 1 Intensity: 16.02 tCO2e/$MSAPPEYear: 2023Scope 1: 5,286 tCO2eRevenue: $M 176Scope 1 Intensity: 30.07 tCO2e/$MUni-President China HoldingsYear: 2024Scope 1: 209,573 tCO2eRevenue: $M 4,513Scope 1 Intensity: 46.44 tCO2e/$MEEEastroc Beverage GroupYear: 2023Scope 1: 46,674 tCO2eRevenue: $M 1,585Scope 1 Intensity: 29.45 tCO2e/$MCoca-Cola IcecekYear: 2024Scope 1: 192,613 tCO2eRevenue: $M 3,893Scope 1 Intensity: 49.48 tCO2e/$MSpadelYear: 2024Scope 1: 7,388 tCO2eRevenue: $M 395Scope 1 Intensity: 18.72 tCO2e/$M

How does Spadel's GHG emissions intensity compare to its peers?

In 2024, Spadel reported a Scope 1 emissions intensity of 18.72 tCO₂e per millions USD. Compared to the peer group median of 33.19 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Spadel rank on GHG emissions intensity within its industry?

In 2024, Spadel ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Spadel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Spadel's Total Carbon Footprint

In 2024, Spadel reported a total carbon footprint of 154,926 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.62% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Spadel's total carbon footprint was Scope 3 emissions, accounting for 92.89% of the company's total carbon footprint, followed by Scope 1 emissions at 4.77%. a

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