XP Power Ltd

Common Name
XP Power
Country
Singapore
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
2,138
Ticker
XPP
Exchange
LONDON STOCK EXCHANGE
Description
XP Power Ltd. is an industrial technology company specializing in the design and manufacturing of critical power control components. These components are essential for converting electrical power into...

XP Power's Climate Target Data Preview

As of 2024, XP Power has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into XP Power ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets 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 XP Power's Greenhouse Gas Emissions Pathways

As of 2024, XP Power has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does XP Power have a target to reduce the emissions from its operations?

As of 2024, XP Power has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

XP Power's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 6,821 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

XP Power has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

XP Power's Operational (Scope 1+2) Emissions Pathway

20222024203002 k4 k6 k8 kBaselineCurrent (-91%)Target 2030 (-42%)

Does XP Power have a target to reduce the emissions from its value chain?

As of 2024, XP Power has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

XP Power's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 674,968 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

XP Power has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

XP Power's Value Chain (Scope 3) Emissions Pathway

2022202420300200 k400 k600 k800 kBaselineCurrent (-47%)Target 2030 (-25%)

Does XP Power have a target to reduce its total carbon footprint?

As of 2024, XP Power has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

XP Power's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 367,456 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022, by 90% by 2040.

As of 2024, XP Power is lagging behind on its total carbon footprint reduction target, having achieved 1.88% of the planned reduction.

XP Power's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202220242040095 k190 k285 k380 kCurrent (-2%)Target 2040 (-90%)
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