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 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Umicore were 277,717 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Umicore's Scope 1 emissions have decreased by 33.42%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
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
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
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. a c
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
In 2024, Umicore reported its Scope 2 emissions using the market-based method and using the location-based method. a
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
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
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
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.
In 2024, the largest contributors to Umicore's Scope 3 emissions were: a
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
In 2024, Umicore reported a Scope 1 emissions intensity of 17.97 tCO₂e per millions USD. Compared to the peer group median of 255.66 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Umicore ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Umicore among the top performers, with one of the lowest emissions intensities relative to peers. a
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