PHINIA Sustainability Profile
PHINIA Inc., headquartered in the United States, is a leading player in the industrial technology sector, specialising in advanced materials and innovative solutions. Founded in 2022, the company has quickly established itself as a key provider of high-performance products for various industries, including automotive, aerospace, and energy. With a focus on sustainability and efficiency, PHINIA offers a range of core services, including material development and engineering solutions that stand out for their quality and reliability. The company’s commitment to research and development has led to significant advancements in its product offerings, positioning it as a trusted partner in the market. PHINIA's strategic operations extend across major regions in North America and beyond, reflecting its ambition to drive innovation and excellence in the industrial landscape.
DitchCarbon Score
How does PHINIA's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
PHINIA's score of 37 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PHINIA's reported carbon emissions
In 2024, PHINIA reported total carbon emissions of approximately 71,827,000 kg CO2e, with Scope 1 emissions at about 7,368,000 kg CO2e and Scope 2 emissions (market-based) at approximately 64,459,000 kg CO2e. This marks a reduction from 2023, where total emissions were about 81,336,000 kg CO2e, with Scope 1 at approximately 8,536,000 kg CO2e and Scope 2 (market-based) at around 72,800,000 kg CO2e. Over the past few years, PHINIA's emissions have shown a downward trend, decreasing from about 90,365,000 kg CO2e in 2022 and 92,032,000 kg CO2e in 2021. However, the company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised commitments to further reduce emissions. PHINIA's emissions data is not cascaded from a parent company, and all reported figures are derived directly from its own disclosures. The company has not reported any Scope 3 emissions, which typically encompass indirect emissions in the value chain. Overall, while PHINIA has made progress in reducing its carbon footprint, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 144,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
How Carbon Intensive is PHINIA's Industry?
How Carbon Intensive is PHINIA's Location?
PHINIA's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
PHINIA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
