Valvoline Inc
Valvoline's GHG Emissions Data Preview
In 2023, Valvoline 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) and Scope 2 (indirect emissions from purchased energy).
However, Valvoline has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Valvoline’s Greenhouse Gas (GHG) Emissions Data
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Insights into Valvoline's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Valvoline amounted to 36,222 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 2022, the total operational greenhouse gas (GHG) emissions of Valvoline increased by 20.48%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Valvoline's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Valvoline's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Valvoline were 15,340 metric tons of CO₂ equivalent (tCO₂e). a
Has Valvoline reduced its Scope 1 emissions over time?
Since 2018, Valvoline's Scope 1 emissions have decreased by 23.32%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Valvoline's Scope 1 emissions increased by 19.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Valvoline's Scope 2 emissions?
In 2023, Valvoline reported Scope 2 greenhouse gas (GHG) emissions of 18,350 tCO₂e using the market-based method and 20,882 tCO₂e using the location-based method. a
Has Valvoline reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Valvoline's Scope 2 emissions (Location-Based) rose by 21.4% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Valvoline use for Scope 2 reporting?
In 2023, Valvoline reported its Scope 2 emissions using the market-based method and using the location-based method. a
Valvoline's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Valvoline’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Valvoline reported Scope 1 greenhouse gas (GHG) emissions of 15,340 tCO₂e and total revenues of USD 1,444 millions. This translates into an emissions intensity of 10.63 tCO₂e per millions USD. a
Valvoline's Scope 1 Emissions Intensity Compared to Peers
How does Valvoline's GHG emissions intensity compare to its peers?
In 2023, Valvoline reported a Scope 1 emissions intensity of 10.63 tCO₂e per millions USD. Compared to the peer group median of 7.06 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Valvoline rank on GHG emissions intensity within its industry?
In 2023, Valvoline ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Valvoline is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a