ChampionX, headquartered in the United States, is a prominent player in the Other Business Services industry, specifically focusing on innovative solutions for the oil and gas sector. Founded in 2020, the company emerged from the merger of Apergy and Champion Technologies, marking a significant milestone in the industry.
ChampionX offers a diverse range of core products and services, including chemical solutions, automation technologies, and digital services, all designed to enhance operational efficiency and sustainability. What sets ChampionX apart is its commitment to delivering tailored solutions that address the unique challenges faced by its clients.
With a strong market position, ChampionX has established itself as a trusted partner for energy companies, consistently achieving notable advancements in performance and safety. Its operational reach extends across key regions, reinforcing its status as a leader in the business services landscape.
-10 vs industry average
Championx’s score of 22 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Championx's reported carbon emissions
ChampionX, a US-based company operating in the "Other business services (74)" industry, has reported its carbon emissions for the past three years, focusing on Scope 1 and Scope 2 emissions. In 2023, the company's combined Scope 1 and 2 emissions totalled approximately 146,290,000 kg CO2e. This represents a decrease from 2022, when emissions were approximately 158,309,000 kg CO2e, and a slight increase from 2021's figure of approximately 146,917,000 kg CO2e.
ChampionX's reported emissions data is inherited from its ultimate parent, ChampionX Corporation. While the company's disclosures currently focus on Scope 1 and 2 emissions, there are noted data gaps for specific Scope 3 categories, including purchased goods and services, business travel, and employee commute.
ChampionX does not have publicly stated reduction targets or commitments through initiatives like SBTi or the Climate Pledge at this level of reporting. Further information regarding specific climate initiatives and Scope 3 emissions would be required to assess comprehensive climate strategies. The company does provide intensity metrics, with Scope 1 and 2 GHG emissions per $MM revenue reported as approximately 3.89 kg CO2e in 2023, down from 4.16 kg CO2e in 2022 and 4.78 kg CO2e in 2021.
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Championx’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Championx yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Championx
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