Advanced Drainage Systems

Advanced Drainage Systems, a US-headquartered company in the Plastics, basic industry, reported its most recent carbon emissions for the 2024 financial year. The company's total Scope 1 emissions were 140,410,000 kg CO2e, and Scope 2 (market-based) emissions were 157,312,000 kg CO2e. Additionally, its Scope 3 emissions totalled 795,376,000 kg CO2e, with a significant portion, 597,373,000 kg CO2e, attributed to purchased goods and services.

Looking at previous years, in 2023, Advanced Drainage Systems's Scope 1 emissions were 150,720,000 kg CO2e, Scope 2 (market-based) emissions were 164,855,000 kg CO2e, and Scope 3 emissions reached 920,767,000 kg CO2e. In 2022, Scope 1 emissions were 164,413,000 kg CO2e, Scope 2 (market-based) emissions were 174,543,000 kg CO2e, and Scope 3 emissions were 1,126,214,000 kg CO2e.

Advanced Drainage Systems has committed to ambitious climate targets. The company has Science Based Targets initiative (SBTi) approved targets, aligning with a 1.5°C warming scenario. Specifically, Advanced Drainage Systems commits to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by fiscal year 2032 from a fiscal year 2022 base year. The company also commits to reduce absolute Scope 3 GHG emissions from purchased goods and services by 30% within the same timeframe. Separately, the company aims to reduce its Scope 1 and Scope 2 emissions by 30% from a 2022 baseline by 2030, and has submitted proposed SBTs to the SBTi for approval in Fiscal 2024.