Veralto Corp

Common Name
Veralto
Country
United States
Sector
Industrials
Industry
Pollution & Treatment Controls
Employees
17,000
Ticker
VLTO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Veralto Corporation operates as a holding company engaged in providing an array of technology and industrial solutions. Renowned for its commitment to innovation, Veralto primarily focuses on sectors ...

Veralto's GHG Emissions Data Preview

In 2023, Veralto 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).

Veralto has also provided a category-level breakdown for 7 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 Veralto's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Veralto amounted to 60,205 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 Veralto increased by 19.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Veralto's Scope 1 Emissions Over Time

2019202020212022202309.5 k19 k28.5 k38 ktCO2e-7%+305%+1%+25%
  • Total Scope 1
  • Year-over-Year Change

What are Veralto's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Veralto were 36,237 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Veralto reduced its Scope 1 emissions over time?

Since 2019, Veralto's Scope 1 emissions have increased by 374.49%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Veralto's Scope 1 emissions increased by 25.24%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Veralto's Scope 2 emissions?

In 2023, Veralto reported Scope 2 greenhouse gas (GHG) emissions of 22,259 tCOâ‚‚e using the market-based method, and 23,968 tCOâ‚‚e using the location-based method.

Has Veralto reduced its Scope 2 emissions over time?

Since 2019, Veralto's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Veralto 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Veralto's Scope 2 emissions (Location-Based) rose by 11.02% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Veralto use for Scope 2 reporting?

In 2023, Veralto reported its Scope 2 emissions using the market-based method and using the location-based method.

Veralto's Scope 2 Emissions Over Time

2019202020212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Veralto's Value Chain Emissions

In 2023, Veralto reported 825,749 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 Veralto includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Veralto's Scope 3 Emissions Over Time

20230250 k500 k750 k1 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Veralto's Scope 3 emissions?

In 2023, Veralto reported total Scope 3 emissions of 825,749 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Veralto disclose?

In 2023, Veralto reported emissions for 7 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 Veralto's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 710,645 tCOâ‚‚e (86.06%)
  • Upstream Transportation and Distribution (Cat. 4): 73,967 tCOâ‚‚e (8.96%)
  • Employee Commuting (Cat. 7): 23,372 tCOâ‚‚e (2.83%)

Veralto's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(2.8%)Purchased Goods andServices (Cat. 1)(86.1%)UpstreamTransportation andDistribution(Cat. 4)(9.0%)

Insights into Veralto's Total Carbon Footprint

In 2023, Veralto reported a total carbon footprint of 885,954 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,653.64% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Veralto's total carbon footprint was Scope 3 emissions, accounting for 93.2% of the company's total carbon footprint, followed by Scope 1 emissions at 4.09%.

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