XP Power Ltd
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind XP Power’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore XP Power’s data sources below and access millions more through our Disclosure Search.
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).a
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.a
XP Power's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e).a
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.a
What are XP Power's Scope 2 emissions?
In 2024, XP Power reported Scope 2 greenhouse gas (GHG) emissions of 11 tCO₂e using the market-based method and 5,186 tCO₂e using the location-based method.a
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.a
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.a
XP Power's Scope 2 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
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.a
XP Power's Scope 3 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e).a
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.a
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.a
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.a
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:a
- Use of Sold Products (Cat. 11): 290,817 tCO₂e (80.64%)
- Purchased Goods and Services (Cat. 1): 63,145 tCO₂e (17.51%)
- Employee Commuting (Cat. 7): 2,764 tCO₂e (0.77%)
XP Power's Scope 3 Emissions by Categories
Insights into XP Power’s GHG Emissions Intensity Compared to Industry Peers
In 2024, XP Power reported Scope 1 greenhouse gas (GHG) emissions of 585 tCO₂e and total revenues of USD 310 millions. This translates into an emissions intensity of 1.89 tCO₂e per millions USD.a
XP Power's Scope 1 Emissions Intensity Compared to Peers
How does XP Power's GHG emissions intensity compare to its peers?
In 2024, XP Power reported a Scope 1 emissions intensity of 1.89 tCO₂e per millions USD. Compared to the peer group median of 7.93, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does XP Power rank on GHG emissions intensity within its industry?
In 2024, XP Power ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places XP Power among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into XP Power's Total Carbon Footprint
In 2024, XP Power reported a total carbon footprint of 366,406 metric tons of CO₂ equivalent (tCO₂e) 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.a
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%.a