Advanced Drainage Systems

Advanced Drainage Systems, a US-based company in the Plastics, basic industry, reported its most recent carbon emissions for 2024. In 2024, the company's total emissions were approximately 1.09 billion kg CO2e. This included Scope 1 emissions of about 140.4 million kg CO2e, Scope 2 market-based emissions of approximately 157.3 million kg CO2e, and Scope 3 emissions of around 795.4 million kg CO2e.

Looking back, in 2023, Advanced Drainage Systems's total emissions were approximately 1.24 billion kg CO2e. This comprised Scope 1 emissions of about 150.7 million kg CO2e, Scope 2 market-based emissions of roughly 164.9 million kg CO2e, and Scope 3 emissions of around 920.8 million kg CO2e.

For 2022, the company's total emissions were approximately 1.51 billion kg CO2e, with Scope 1 emissions at about 164.4 million kg CO2e, Scope 2 market-based emissions at roughly 174.5 million kg CO2e, and Scope 3 emissions at approximately 1.13 billion kg CO2e.

Advanced Drainage Systems has established several climate commitments. They aim to reduce their Scope 1 emissions by 30% from a 2022 baseline by 2030. Similarly, they intend to reduce their Scope 2 emissions by 30% from a 2022 baseline by 2030.

The company has also submitted proposed Science Based Targets (SBTs) to the SBTi for approval in Fiscal 2024. Advanced Drainage Systems, Inc. commits to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by FY2032 from a FY2022 base year. Furthermore, they commit to reduce absolute Scope 3 GHG emissions from purchased goods and services by 30% within the same timeframe. These targets are consistent with reductions required to limit global warming to 1.5°C.