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Victrex PLC
Victrex's GHG Emissions Data Preview
In 2024, Victrex 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, Victrex 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.  | 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.  a | 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 Victrex’s Greenhouse Gas (GHG) Emissions Data
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Insights into Victrex's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofVictrex amounted to34,350metric 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 Victrexdecreased by 3.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Victrex's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Victrex's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Victrex were 18,085 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Victrex reduced its Scope 1 emissions over time?
Since 2020, Victrex's Scope 1 emissions have remained relatively, stable, indicating that Victrex's emissions have plateaued with no significant change in its operational footprint.a
Compared to the previous year(2023), Victrex's Scope 1 emissions decreased by 13.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Victrex's Scope 2 emissions?
In 2024, Victrex reported Scope 2 greenhouse gas (GHG) emissions of 3,172 tCOâ‚‚e using the market-based method and 16,265 tCOâ‚‚e using the location-based method.a
Has Victrex reduced its Scope 2 emissions over time?
Since 2020, Victrex's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 76.56%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Victrex's Scope 2 emissions(Location-Based) rose by 10.56% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Victrex use for Scope 2 reporting?
In 2024, Victrex reported its Scope 2 emissions using the market-based method and using the location-based method.a
Victrex's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Victrex's Value Chain Emissions
In 2024, Victrex reported 57,527 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 Victrex 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
Victrex's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Victrex's Scope 3 emissions?
In 2024, Victrex reported total Scope 3 emissions of 57,527 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year (2023), Victrex's Scope 3 emissions decreased by 33.97%, highlighting the company's efforts to lower indirect emissions from its value chain.a
Insights into Victrex’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Victrex reported Scope 1 greenhouse gas (GHG) emissions of 18,085 tCOâ‚‚e and total revenues of USD 396 millions. This translates into an emissions intensity of 45.62 tCOâ‚‚e per millions USD.a
Victrex's Scope 1 Emissions Intensity Compared to Peers
How does Victrex's GHG emissions intensity compare to its peers?
In 2024, Victrex reported a Scope 1 emissions intensity of 45.62 tCOâ‚‚e per millions USD. Compared to the peer group median of 3,876.5, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Victrex rank on GHG emissions intensity within its industry?
In 2024, Victrex ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Victrex among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Victrex's Total Carbon Footprint
In 2024, Victrex reported a total carbon footprint of 91,877 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.18% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Victrex's total carbon footprint was Scope 3 emissions, accounting for 62.61% of the company's total carbon footprint, followed by Scope 1 emissions at 19.68%.a