Valeo SE

Common Name
Valeo
Country
France
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
106,100
Ticker
FR
Exchange
EURONEXT
Description
Valeo S.A. is a prominent player in the automotive technology sector, primarily serving as a global supplier of auto parts and systems. The company's core function is to innovate and deliver cutting-e...

Valeo's GHG Emissions Data Preview

In 2023, Valeo 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).

Valeo has also provided a category-level breakdown for 5 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 Valeo's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Valeo amounted to 650,400 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 Valeo decreased by 8.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Valeo's Scope 1 Emissions Over Time

20192020202120222023050 k100 k150 k200 ktCO2e-9%+13%-1%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Valeo's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Valeo were 186,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Valeo reduced its Scope 1 emissions over time?

Since 2019, Valeo's Scope 1 emissions have remained relatively, stable, indicating that Valeo's emissions have plateaued with no significant change in its operational footprint.

Compared to the previous year (2022), Valeo's Scope 1 emissions decreased by 2.62%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Valeo's Scope 2 emissions?

In 2023, Valeo reported Scope 2 greenhouse gas (GHG) emissions of 464,300 tCOâ‚‚e using the market-based method.

Has Valeo reduced its Scope 2 emissions over time?

Since 2019, Valeo's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 47.95%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Valeo's Scope 2 emissions (Market-Based) fell by 10.26% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Valeo use for Scope 2 reporting?

In 2023, Valeo reported its Scope 2 emissions using the market-based method.

Valeo's Scope 2 Emissions Over Time

201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Market-Based

Insights into Valeo's Value Chain Emissions

In 2023, Valeo reported 44,752 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 Valeo includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Valeo's Scope 3 Emissions Over Time

2019202120222023015 k30 k45 k60 ktCO2e-7%-2%0%
  • Total Scope 3
  • Year-over-Year Change

What are Valeo's Scope 3 emissions?

In 2023, Valeo reported total Scope 3 emissions of 44,752 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 19.11% of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.89% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Valeo reduced its Scope 3 emissions over time?

Since 2019, Valeo's Scope 3 emissions have remained relatively stable, indicating that Valeo 's emissions have plateaued with no significant change in its value chain footprint.

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

What categories of Scope 3 emissions does Valeo disclose?

In 2023, Valeo reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Valeo's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 36,200 tCOâ‚‚e (80.89%)
  • Purchased Goods and Services (Cat. 1): 8,000 tCOâ‚‚e (17.88%)
  • Upstream Transportation and Distribution (Cat. 4): 317 tCOâ‚‚e (0.71%)

Valeo's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(80.9%)Purchased Goods andServices (Cat. 1)(17.9%)

Insights into Valeo's Total Carbon Footprint

In 2023, Valeo reported a total carbon footprint of 695,152 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.71% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Valeo's total carbon footprint was Scope 2 emissions, accounting for 66.79% of the company's total carbon footprint, followed by Scope 1 emissions at 26.77%.