Victrex PLC

Common Name
Victrex
Country
United Kingdom
Sector
Basic Materials
Industry
Building Materials
Employees
9,877
Ticker
VCT
Exchange
LONDON STOCK EXCHANGE
Description
Victrex plc is a global leader in the production of high-performance polymer solutions. As a specialty chemicals company, its primary function is to manufacture polyetheretherketone (PEEK) and other r...

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)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 Victrex's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Victrex amounted to 34,350 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 2023, the total operational greenhouse gas (GHG) emissions of Victrex decreased by 3.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Victrex's Scope 1 Emissions Over Time

2020202120222023202406.5 k13 k19.5 k26 ktCO2e+11%+21%-14%-14%
  • 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).

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.

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.

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.

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.

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 energy

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.

Victrex's Scope 2 Emissions Over Time

2020202120222023202404.5 k9 k13.5 k18 ktCO2e
  • 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.

The 2024 disclosure of Victrex includes a breakdown across 0 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.

Victrex's Scope 3 Emissions Over Time

202220232024025 k50 k75 k100 ktCO2e+28%-34%
  • 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).

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.

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.

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%.