Summit Materials Inc

Common Name
Summit Materials
Country
United States
Sector
Basic Materials
Industry
Building Materials
Employees
5,300
Ticker
SUM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Summit Materials, Inc. operates as a vertically integrated construction materials company in the United States and Canada. It operates in three segments: West, East, and Cement. The company offers agg...

Summit Materials's Climate Target Data Preview

As of 2023, Summit Materials has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Summit Materials ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Summit Materials's Greenhouse Gas Emissions Pathways

As of 2023, Summit Materials has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Summit Materials have a target to reduce the emissions from its operations?

As of 2023, Summit Materials has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Summit Materials's most ambitious operational target is to reduce these emissions by 50% by 2050, compared to a baseline of 2,133,333.333 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2023, Summit Materials is on track to meet its operational emissions reduction target, having achieved 11.56% of the planned reduction.

Summit Materials's Operational (Scope 1+2) Emissions Pathway

20202023203020500550 k1.1 M1.65 M2.2 MCurrent (-6%)Target 2030 (-25%)Target 2050 (-50%)
Want Full Access to Summit Materials's Climate Targets Dataset?
Sign Up