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In 2023, Volue 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).
Volue has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions ofVolue amounted to243.6metric 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 2022, the total operational greenhouse gas (GHG) emissions of Volueincreased by 91.06%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Volue were 20 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2022), Volue's Scope 1 emissions increased by 17.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Volue reported Scope 2 greenhouse gas (GHG) emissions of 223.6 tCOâ‚‚e using the location-based method.a
Since 2021, Volue's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 132.43%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2022), Volue's Scope 2 emissions(Location-Based) rose by 102.35% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2023, Volue reported its Scope 2 emissions using the location-based method.a
In 2023, Volue reported 329 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 2023 disclosure of Volue includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Volue reported total Scope 3 emissions of 329 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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, Volue's Scope 3 emissionshave increased by 270.08%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Volue's Scope 3 emissions decreased by 11.58%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Volue reported emissions for 2 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 2023, the largest contributors to Volue's Scope 3 emissions were:a
In 2023, Volue reported a total carbon footprint of 572.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.61% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Volue's total carbon footprint was Scope 3 emissions, accounting for 57.46% of the company's total carbon footprint, followed by Scope 2 emissions at 39.05%.a