Umicore SA
Umicore's GHG Emissions Data Preview
In 2024, Umicore 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).
Umicore has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
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aVerified Sources Behind Umicore’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 Umicore’s data sources below and access millions more through our Disclosure Search.
Insights into Umicore's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Umicore amounted to 618,455 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 Umicore decreased by 11.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Umicore's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Umicore's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Umicore were 277,717 metric tons of CO₂ equivalent (tCO₂e).a
Has Umicore reduced its Scope 1 emissions over time?
Since 2019, Umicore's Scope 1 emissions have decreased by 28.63%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Umicore's Scope 1 emissions decreased by 12.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Umicore's Scope 2 emissions?
In 2024, Umicore reported Scope 2 greenhouse gas (GHG) emissions of 286,349 tCO₂e using the market-based method and 340,738 tCO₂e using the location-based method.a
Has Umicore reduced its Scope 2 emissions over time?
Since 2019, Umicore's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 20.61%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Umicore's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Umicore's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Umicore use for Scope 2 reporting?
In 2024, Umicore reported its Scope 2 emissions using the market-based method and using the location-based method.a
Umicore's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Umicore's Value Chain Emissions
In 2024, Umicore reported 6,467,283 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 Umicore includes a breakdown across 12 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
Umicore's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Umicore's Scope 3 emissions?
In 2024, Umicore reported total Scope 3 emissions of 6,467,283 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 93.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.66% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Umicore reduced its Scope 3 emissions over time?
Since 2019, Umicore's Scope 3 emissions have decreased by 21.37%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Umicore's Scope 3 emissions decreased by 10.83%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Umicore disclose?
In 2024, Umicore reported emissions for 12 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 Umicore's Scope 3 emissions?
In 2024, the largest contributors to Umicore's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 5,339,902 tCO₂e (82.57%)
- Upstream Transportation and Distribution (Cat. 4): 420,088 tCO₂e (6.5%)
- End-of-Life Treatment of Sold Products (Cat. 12): 224,771 tCO₂e (3.48%)
Umicore's Scope 3 Emissions by Categories
Insights into Umicore’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Umicore reported Scope 1 greenhouse gas (GHG) emissions of 277,717 tCO₂e and total revenues of USD 15,457 millions. This translates into an emissions intensity of 17.97 tCO₂e per millions USD.a
Umicore's Scope 1 Emissions Intensity Compared to Peers
How does Umicore's GHG emissions intensity compare to its peers?
In 2024, Umicore reported a Scope 1 emissions intensity of 17.97 tCO₂e per millions USD. Compared to the peer group median of 196.27, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Umicore rank on GHG emissions intensity within its industry?
In 2024, Umicore ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Umicore is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Umicore's Total Carbon Footprint
In 2024, Umicore reported a total carbon footprint of 7,085,738 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.85% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Umicore's total carbon footprint was Scope 3 emissions, accounting for 91.27% of the company's total carbon footprint, followed by Scope 2 emissions at 4.81%.a