In 2024, Ultrapar Participacoes 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).
Ultrapar Participacoes has also provided a category-level breakdown for 9 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 | 27,322a | 43,432.8b | 33,673.1b | |
Total Scope 2 | ||||
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 62,811,296a | 64,384,421a | 800,340.7b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.2644a | 1.6712b | 1.2389b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Ultrapar Participacoes amounted to 30,594 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 Ultrapar Participacoes decreased by 32.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Ultrapar Participacoes were 27,322 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Ultrapar Participacoes's Scope 1 emissions have decreased by 94.2%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Ultrapar Participacoes's Scope 1 emissions decreased by 37.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Ultrapar Participacoes reported Scope 2 greenhouse gas (GHG) emissions of 3,272 tCO₂e using the location-based method.a
Compared to the previous year (2023), Ultrapar Participacoes's Scope 2 emissions (Location-Based) rose by 53.26% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Ultrapar Participacoes reported its Scope 2 emissions using the location-based method.a
In 2024, Ultrapar Participacoes reported 62,811,296 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 Ultrapar Participacoes includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Ultrapar Participacoes reported total Scope 3 emissions of 62,811,296 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 27.69% of these emissions originated from upstream activities such as purchased goods and capital goods, while 72.31% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Ultrapar Participacoes's Scope 3 emissions have increased by 7,112.93%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Ultrapar Participacoes's Scope 3 emissions remained relatively stable, indicating that Ultrapar Participacoes's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Ultrapar Participacoes reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Ultrapar Participacoes's Scope 3 emissions were:a
In 2024, Ultrapar Participacoes reported Scope 1 greenhouse gas (GHG) emissions of 27,322 tCO₂e and total revenues of USD 21,609 millions. This translates into an emissions intensity of 1.26 tCO₂e per millions USD.a
In 2024, Ultrapar Participacoes reported a Scope 1 emissions intensity of 1.26 tCO₂e per millions USD. Compared to the peer group median of 119.38, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Ultrapar Participacoes ranked 3 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Ultrapar Participacoes among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Ultrapar Participacoes reported a total carbon footprint of 62,841,890 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.46% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Ultrapar Participacoes's total carbon footprint was Scope 3 emissions, accounting for 99.95% of the company's total carbon footprint, followed by Scope 1 emissions at 0.04%.a