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 GHG Emissions Data Preview

In 2024, XP Power 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).

XP Power has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 XP Power's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of XP Power amounted to 5,771 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 XP Power decreased by 16.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

XP Power's Scope 1 Emissions Over Time

202320240150300450600tCO2e+7%
  • Total Scope 1
  • Year-over-Year Change

What are XP Power's Scope 1 emissions?

In 2024, the total Scope 1 emissions of XP Power were 585 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), XP Power's Scope 1 emissions increased by 7.34%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are XP Power's Scope 2 emissions?

In 2024, XP Power reported Scope 2 greenhouse gas (GHG) emissions of 11 tCOâ‚‚e using the market-based method, and 5,186 tCOâ‚‚e using the location-based method.

Has XP Power reduced its Scope 2 emissions over time?

Compared to the previous year (2023), XP Power's Scope 2 emissions (Location-Based) fell by 18.92% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does XP Power use for Scope 2 reporting?

In 2024, XP Power reported its Scope 2 emissions using the market-based method and using the location-based method.

XP Power's Scope 2 Emissions Over Time

2023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into XP Power's Value Chain Emissions

In 2024, XP Power reported 360,635 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 XP Power includes a breakdown across 6 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.

XP Power's Scope 3 Emissions Over Time

202320240150 k300 k450 k600 ktCO2e-38%
  • Total Scope 3
  • Year-over-Year Change

What are XP Power's Scope 3 emissions?

In 2024, XP Power reported total Scope 3 emissions of 360,635 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 19.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.64% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), XP Power's Scope 3 emissions decreased by 37.92%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does XP Power disclose?

In 2024, XP Power reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of XP Power's Scope 3 emissions?

In 2024, the largest contributors to XP Power's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 290,817 tCOâ‚‚e (80.64%)
  • Purchased Goods and Services (Cat. 1): 63,145 tCOâ‚‚e (17.51%)
  • Employee Commuting (Cat. 7): 2,764 tCOâ‚‚e (0.77%)

XP Power's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(80.6%)Purchased Goods andServices (Cat. 1)(17.5%)

Insights into XP Power's Total Carbon Footprint

In 2024, XP Power reported a total carbon footprint of 366,406 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.67% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to XP Power's total carbon footprint was Scope 3 emissions, accounting for 98.42% of the company's total carbon footprint, followed by Scope 2 emissions at 1.42%.

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