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Valvoline Inc
Valvoline's GHG Emissions Data Preview
In 2024, 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Valvoline has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  a | Copy restricted. Please purchase to unlock this data.  a | 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 2024, the total operational greenhouse gas (GHG) emissions ofValvoline amounted to40,436metric 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 Valvolineincreased by 11.6%, 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 2024, the total Scope 1 emissions of Valvoline were 21,727 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Valvoline reduced its Scope 1 emissions over time?
Since 2019, Valvoline's Scope 1 emissions have increased by 63.08%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Valvoline's Scope 1 emissions increased by 41.59%, 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 2024, Valvoline reported Scope 2 greenhouse gas (GHG) emissions of 16,370 tCOâ‚‚e using the market-based method and 18,709 tCOâ‚‚e using the location-based method.a
Has Valvoline reduced its Scope 2 emissions over time?
Since 2019, Valvoline's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 58.77%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Valvoline's Scope 2 emissions(Location-Based) fell by 10.43% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Valvoline use for Scope 2 reporting?
In 2024, 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 Value Chain Emissions
In 2024, Valvoline reported 419,368 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Valvoline includes a breakdown across 0of 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
Valvoline's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Valvoline's Scope 3 emissions?
In 2024, Valvoline reported total Scope 3 emissions of 419,368 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year (2023), Valvoline's Scope 3 emissions decreased by 41.67%, highlighting the company's efforts to lower indirect emissions from its value chain.a
Insights into Valvoline’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Valvoline reported Scope 1 greenhouse gas (GHG) emissions of 21,727 tCOâ‚‚e and total revenues of USD 1,619 millions. This translates into an emissions intensity of 13.42 tCOâ‚‚e 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 2024, Valvoline reported a Scope 1 emissions intensity of 13.42 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.14, 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 2024, Valvoline ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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
Insights into Valvoline's Total Carbon Footprint
In 2024, Valvoline reported a total carbon footprint of 459,804 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 39.11% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Valvoline's total carbon footprint was Scope 3 emissions, accounting for 91.21% of the company's total carbon footprint, followed by Scope 1 emissions at 4.73%.a