Umicore SA

Common Name
Umicore
Country
Belgium
Sector
Industrials
Industry
Waste Management
Employees
11,251
Ticker
UMI
Exchange
EURONEXT
Description
Umicore is a global materials technology and recycling group with a strong focus on sustainable solutions. Primarily functioning as a developer of catalytic converters and other advanced materials, Um...

Umicore's GHG Emissions Data Preview

In 2023, 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)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 Umicore's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Umicore amounted to 695,554 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 2022, the total operational greenhouse gas (GHG) emissions of Umicore decreased by 3.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Umicore's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e-7%-15%+13%-7%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Umicore's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Umicore were 317,849 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Umicore reduced its Scope 1 emissions over time?

Since 2018, Umicore's Scope 1 emissions have decreased by 23.8%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Umicore's Scope 1 emissions decreased by 8.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Umicore's Scope 2 emissions?

In 2023, Umicore reported Scope 2 greenhouse gas (GHG) emissions of 314,093 tCOâ‚‚e using the market-based method and 377,705 tCOâ‚‚e using the location-based method.

Has Umicore reduced its Scope 2 emissions over time?

Since 2018, Umicore's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Umicore 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), 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.

What methodology does Umicore use for Scope 2 reporting?

In 2023, Umicore reported its Scope 2 emissions using the market-based method and using the location-based method.

Umicore's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Umicore's Value Chain Emissions

In 2023, Umicore reported 7,524,839 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 2023 disclosure of Umicore includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Umicore's Scope 3 Emissions Over Time

20192022202302.5 M5 M7.5 M10 MtCO2e-12%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Umicore's Scope 3 emissions?

In 2023, Umicore reported total Scope 3 emissions of 7,524,839 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 93.81% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.19% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Umicore's Scope 3 emissions remained relatively stable, indicating that Umicore 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Umicore disclose?

In 2023, Umicore reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Umicore's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 6,273,136 tCOâ‚‚e (83.37%)
  • Upstream Transportation and Distribution (Cat. 4): 440,118 tCOâ‚‚e (5.85%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 260,967 tCOâ‚‚e (3.47%)

Umicore's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(83.4%)End-of-LifeTreatment of SoldProducts (Cat. 12)(3.5%)UpstreamTransportation andDistribution(Cat. 4)(5.8%)

Insights into Umicore's Total Carbon Footprint

In 2023, Umicore reported a total carbon footprint of 8,220,393 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.21% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Umicore's total carbon footprint was Scope 3 emissions, accounting for 91.54% of the company's total carbon footprint, followed by Scope 2 emissions at 4.59%.

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