Steelcase Inc

Common Name
Steelcase
Country
United States
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
11,300
Ticker
SCS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Steelcase Inc. is a leading designer and manufacturer of furniture for office environments, known for pioneering new ways to work through creative and functional product designs. The company's primary...

Steelcase's GHG Emissions Data Preview

In 2024, Steelcase 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).

Steelcase 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Steelcase's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Steelcase amounted to 85,584.31 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Steelcase decreased by 8.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Steelcase's Scope 1 Emissions Over Time

201820202021202220232024015 k30 k45 k60 ktCO2e-4%-30%+8%+2%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Steelcase's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Steelcase were 31,574.17 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Steelcase reduced its Scope 1 emissions over time?

Since 2018, Steelcase's Scope 1 emissions have decreased by 35.47%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Steelcase's Scope 1 emissions decreased by 12.62%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Steelcase's Scope 2 emissions?

In 2024, Steelcase reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 54,010.14 tCOâ‚‚e using the location-based method.

Has Steelcase reduced its Scope 2 emissions over time?

Since 2018, Steelcase's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 29.14%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Steelcase's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Steelcase 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Steelcase use for Scope 2 reporting?

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

Steelcase's Scope 2 Emissions Over Time

201820202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Steelcase's Value Chain Emissions

In 2024, Steelcase reported 1,343,936.79 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Steelcase includes a breakdown across 5 of 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.

Steelcase's Scope 3 Emissions Over Time

20212022202320240450 k900 k1.35 M1.8 MtCO2e+193%-55%+67%
  • Total Scope 3
  • Year-over-Year Change

What are Steelcase's Scope 3 emissions?

In 2024, Steelcase reported total Scope 3 emissions of 1,343,936.79 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2023), Steelcase's Scope 3 emissions increased by 66.63%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Steelcase disclose?

In 2024, Steelcase reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Purchased Goods and Services (Cat. 1): 1,116,249.94 tCOâ‚‚e (83.06%)
  • Upstream Transportation and Distribution (Cat. 4): 190,638.39 tCOâ‚‚e (14.19%)
  • Fuel- and Energy-Related Services (Cat. 3): 23,253 tCOâ‚‚e (1.73%)

Steelcase's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(1.7%)UpstreamTransportation andDistribution(Cat. 4)(14.2%)Purchased Goods andServices (Cat. 1)(83.1%)

Insights into Steelcase's Total Carbon Footprint

In 2024, Steelcase reported a total carbon footprint of 1,429,521.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 58.84% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Steelcase's total carbon footprint was Scope 3 emissions, accounting for 94.01% of the company's total carbon footprint, followed by Scope 2 emissions at 3.78%.