Valvoline Inc

Common Name
Valvoline
Country
United States
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
10,500
Ticker
VVV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Valvoline Inc. is a prominent player in the global automotive services industry, specializing in the manufacture and distribution of automotive lubricants, oils, and related products. Known for its ex...

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)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 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).

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.

Valvoline's Scope 1 Emissions Over Time

20182019202020212022202305.5 k11 k16.5 k22 ktCO2e-33%-4%+14%-12%+19%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Valvoline's Scope 2 emissions?

In 2023, Valvoline reported Scope 2 greenhouse gas (GHG) emissions of 18,350 tCOâ‚‚e using the market-based method, and 20,882 tCOâ‚‚e using the location-based method.

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

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.

Valvoline's Scope 2 Emissions Over Time

20182019202020212022202307 k14 k21 k28 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based