Core Laboratories

Core Laboratories's reported carbon emissions

Core Laboratories, headquartered in NL and operating within the Petroleum Coke industry, has reported its carbon emissions. In 2024, the company's total greenhouse gas (GHG) emissions were approximately 51,008,000 kg CO2e. This figure comprises Scope 1 emissions of around 11,675,000 kg CO2e, Scope 2 emissions of approximately 1,359,000 kg CO2e, and Scope 3 emissions totalling about 67,710,000 kg CO2e. Looking at prior years, Core Laboratories' total emissions were approximately 55,012,000 kg CO2e in 2022, with Scope 1 emissions at about 10,000,000 kg CO2e, Scope 2 at approximately 10,000,000 kg CO2e, and Scope 3 at around 10,000,000 kg CO2e. In 2021, total emissions were approximately 35,389,000 kg CO2e, with Scope 1 emissions around 3,790,000 kg CO2e, Scope 2 at approximately 8,201,000 kg CO2e (location-based), and Scope 3 at about 21,785,000 kg CO2e. The company's emissions in 2020 were approximately 38,069,000 kg CO2e, including Scope 1 of about 3,420,000 kg CO2e, Scope 2 at approximately 8,672,000 kg CO2e (location-based), and Scope 3 at around 24,086,000 kg CO2e. In 2019, Scope 1 emissions were approximately 4,819,000 kg CO2e, and Scope 2 emissions were about 10,381,000 kg CO2e (location-based). For 2018, total emissions were approximately 50,748,000 kg CO2e, with Scope 1 at around 4,795,000 kg CO2e, Scope 2 at approximately 12,490,000 kg CO2e, and Scope 3 at about 33,717,000 kg CO2e. In 2017, total emissions were approximately 20,968,000 kg CO2e, featuring Scope 1 at around 2,277,000 kg CO2e, Scope 2 at approximately 6,564,000 kg CO2e (location-based), and Scope 3 at approximately 611,000 kg CO2e. Core Laboratories reported total emissions of approximately 19,932,000 kg CO2e in 2016, with Scope 1 emissions at about 2,122,000 kg CO2e, Scope 2 at approximately 7,013,000 kg CO2e (location-based), and Scope 3 at around 10,326,000 kg CO2e. In 2015, Scope 1 emissions were approximately 5,642,000 kg CO2e, and Scope 2 emissions were about 7,211,000 kg CO2e (location-based). Core Laboratories has established several climate commitments. Between 2018 and 2025, the company aims for a 19% absolute reduction in Scope 1 and Scope 2 emissions. Furthermore, specific targets set in 2019 include a 19% reduction in Scope 1 emissions by 2025 and a 19% reduction in Scope 2 emissions by 2025, both from a 2018 baseline. Additional targets from 2018 include a reduction of 12.5% by 2023 for a 'well below 2 degree' scenario and 21% for a 1.5 degree scenario, impacting Scope 1 and Scope 2 emissions. A commitment to reduce Scope 1 and Scope 2 emissions by 21% by 2023 from a 2018 base year is also noted. In 2021, Core Laboratories set absolute based targets for WB2C and 1.5C scenarios with a target date of 2025, aiming for a 21% reduction in Scope 1 and a 27% reduction in Scope 2 emissions. For a target date of 2023, Scope 1 emissions are targeted for a 21% reduction, and Scope 2 emissions for a 27% reduction, all based on the 2018 baseline. The company also indicated plans to consider WB2C and 1.5C reduction targets for five and seven years until markets stabilise, with potential target years of 2023 to 2025.