In 2024, Stratec 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).
Stratec has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 813.9a | 785.3a | 666.7b | |
Total Scope 2 | ||||
Market-Based | 553.5a | 284.3a | 31.7b | |
Location-Based | 1,466.8a | 1,376.7a | N/A | |
Total Scope 3 | 48,802.1a | 69,823.6a | 7,585.4b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.036a | 2.6238a | 2.2772b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Stratec amounted to 2,280.7 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 2023, the total operational greenhouse gas (GHG) emissions of Stratec increased by 5.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Stratec were 813.9 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Stratec's Scope 1 emissions have decreased by 5.42%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Stratec's Scope 1 emissions increased by 3.64%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Stratec reported Scope 2 greenhouse gas (GHG) emissions of 553.5 tCO₂e using the market-based method and 1,466.8 tCO₂e using the location-based method.a
Compared to the previous year (2023), Stratec's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Stratec's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Stratec reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Stratec reported 48,802.1 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 Stratec includes a breakdown across 10 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.a
In 2024, Stratec reported total Scope 3 emissions of 48,802.1 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 75.78% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.22% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Stratec's Scope 3 emissions have increased by 1,207.42%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Stratec's Scope 3 emissions decreased by 30.11%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Stratec reported emissions for 10 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.
In 2024, the largest contributors to Stratec's Scope 3 emissions were:a
In 2024, Stratec reported Scope 1 greenhouse gas (GHG) emissions of 813.9 tCO₂e and total revenues of USD 268 millions. This translates into an emissions intensity of 3.04 tCO₂e per millions USD.a
In 2024, Stratec reported a Scope 1 emissions intensity of 3.04 tCO₂e per millions USD. Compared to the peer group median of 2.88, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Stratec ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Stratec is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Stratec reported a total carbon footprint of 51,082.8 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Stratec's total carbon footprint was Scope 3 emissions, accounting for 95.54% of the company's total carbon footprint, followed by Scope 2 emissions at 2.87%.a