In 2024, Vicat 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).
Vicat has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 17,300,000a | 17,800,000a | 17,300,000b | |
Total Scope 2 | ||||
Market-Based | 690,000a | 940,000a | N/A | |
Location-Based | 770,000a | 920,000a | N/A | |
Unspecified Calculation Method | N/A | N/A | 800,000b | |
Total Scope 3 | 3,700,000a | 3,900,000a | 4,100,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4,280.1702a | 4,084.6616a | 4,455.6482b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Vicat amounted to 18,070,000 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 2023, the total operational greenhouse gas (GHG) emissions of Vicat decreased by 3.47%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Vicat were 17,300,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Vicat's Scope 1 emissions have decreased by 3.89%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Vicat's Scope 1 emissions decreased by 2.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Vicat reported Scope 2 greenhouse gas (GHG) emissions of 690,000 tCO₂e using the market-based method and 770,000 tCO₂e using the location-based method.a
Compared to the previous year (2023), Vicat's Scope 2 emissions (Location-Based) fell by 16.3% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Vicat reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Vicat reported 3,700,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Vicat includes a breakdown across 4 of 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
In 2024, Vicat reported total Scope 3 emissions of 3,700,000 metric tons of CO₂ equivalent (tCO₂e).a
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.a
Since 2021, Vicat's Scope 3 emissions have decreased by 11.9%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Vicat's Scope 3 emissions remained relatively stable, indicating that Vicat's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Vicat reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Vicat's Scope 3 emissions were:a
In 2024, Vicat reported Scope 1 greenhouse gas (GHG) emissions of 17,300,000 tCO₂e and total revenues of USD 4,042 millions. This translates into an emissions intensity of 4,280.17 tCO₂e per millions USD.a
In 2024, Vicat reported a Scope 1 emissions intensity of 4,280.17 tCO₂e per millions USD. Compared to the peer group median of 3,172.22, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Vicat ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Vicat is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Vicat reported a total carbon footprint of 21,770,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.76% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Vicat's total carbon footprint was Scope 1 emissions, accounting for 79.47% of the company's total carbon footprint, followed by Scope 3 emissions at 17%.a