In 2025, Volex 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).
Volex 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) | 2025 | 2024 |
|---|---|---|
Total Scope 1 | 2,012a | 1,776a |
Total Scope 2 | ||
Market-Based | 21,473a | N/A |
Location-Based | 26,376a | 21,340a |
Total Scope 3 | 440,316a | 2,183a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.8518a | 1.9457a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Volex amounted to 28,388 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 2024, the total operational greenhouse gas (GHG) emissions of Volex increased by 22.81%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Volex were 2,012 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2024), Volex's Scope 1 emissions increased by 13.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Volex reported Scope 2 greenhouse gas (GHG) emissions of 21,473 tCO₂e using the market-based method and 26,376 tCO₂e using the location-based method.a
Compared to the previous year (2024), Volex's Scope 2 emissions (Location-Based) rose by 23.6% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2025, Volex reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Volex reported 440,316 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 2025 disclosure of Volex includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2025, Volex reported total Scope 3 emissions of 440,316 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
Compared to the previous year (2024), Volex's Scope 3 emissions increased by 20,070.22%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2025, Volex reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to Volex's Scope 3 emissions were:a
In 2025, Volex reported Scope 1 greenhouse gas (GHG) emissions of 2,012 tCO₂e and total revenues of USD 1,087 millions. This translates into an emissions intensity of 1.85 tCO₂e per millions USD.a
In 2025, Volex reported a Scope 1 emissions intensity of 1.85 tCO₂e per millions USD. Compared to the peer group median of 3.73, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, Volex ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Volex is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Volex reported a total carbon footprint of 468,704 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,752.66% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Volex's total carbon footprint was Scope 3 emissions, accounting for 93.94% of the company's total carbon footprint, followed by Scope 2 emissions at 5.63%.a