Ecovadis

Ecovadis's reported carbon emissions

Ecovadis, a company in the Other Management Consulting Services industry based in France, has demonstrated a commitment to reducing its carbon footprint through various initiatives and targets. **Carbon Emissions Data:** For the reporting year 2024, EcoVadis reported total greenhouse gas emissions of approximately 5.05 million kg CO2e. This total comprises: * **Scope 1 emissions:** Approximately 6,000 kg CO2e. * **Scope 2 emissions:** Approximately 11,000 kg CO2e (market-based). * **Scope 3 emissions:** Approximately 5.03 million kg CO2e. The largest contributors to Scope 3 emissions include purchased goods and services (approximately 2.82 million kg CO2e) and business travel (approximately 1.26 million kg CO2e). Looking at previous years: * In 2023, total emissions were approximately 4.20 million kg CO2e, with Scope 1 at about 13,000 kg CO2e and Scope 3 at about 4.10 million kg CO2e. * In 2022, total emissions were approximately 3.75 million kg CO2e, with Scope 1 at about 3,000 kg CO2e and Scope 3 at about 3.69 million kg CO2e. * In 2021, total emissions were approximately 1.91 million kg CO2e, with Scope 1 at about 3,000 kg CO2e and Scope 3 at about 1.85 million kg CO2e. * In 2020, total emissions were approximately 1.73 million kg CO2e, with Scope 2 at about 212,000 kg CO2e and Scope 3 at about 1.57 million kg CO2e. Scope 1 data was not reported for this year. * In 2019, total emissions were approximately 2.27 million kg CO2e, with Scope 2 at about 216,000 kg CO2e and Scope 3 at about 2.05 million kg CO2e. Scope 1 data was not reported for this year. **Climate Commitments and Reduction Targets:** EcoVadis has set ambitious targets to decarbonise its operations and value chain, aligning with the Science Based Targets initiative (SBTi). * **Near-Term Targets (by 2030 from a 2019 baseline):** * A 50% reduction in absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions. * An increase in the sourcing of renewable electricity from 22% in 2019 to 100% by 2030. * A 55% reduction in Scope 3 GHG emissions per unit of value added, covering purchased goods and services, capital goods, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, and employee commuting. * **Long-Term Targets (by 2040 from a 2019 baseline):** * EcoVadis has committed to achieving net-zero GHG emissions across its value chain by 2040. * Specific targets include a 90% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2040. * A significant reduction of 97% in Scope 3 GHG emissions per unit of value added by 2040. * **Interim Goals:** * The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the current decade. * Additionally, they aim to achieve carbon neutrality in all their sites by 2025, by improving energy efficiency and utilising 100% renewable energy.