Modulight

Modulight's reported carbon emissions

Modulight, a company operating in the medical, precision and optical instruments, watches and clocks sector (33) and headquartered in Finland (FI), reported a total of approximately 724,800 kg CO2e in emissions for 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2023, Modulight's Scope 1 emissions were approximately 8,000 kg CO2e, primarily from mobile combustion. Scope 2 emissions totalled approximately 116,000 kg CO2e, attributable to purchased heat. Scope 3 emissions amounted to approximately 48,000 kg CO2e, with business travel accounting for the largest portion at approximately 396,000 kg CO2e, followed by purchased goods and services at approximately 86,000 kg CO2e, and employee commute at approximately 26,000 kg CO2e. A small amount of waste generated in operations contributed approximately 1,000 kg CO2e. For 2022, Modulight's Scope 1 emissions were approximately 19,000 kg CO2e, stemming from mobile combustion (approximately 8,000 kg CO2e) and process emissions (approximately 11,000 kg CO2e). Scope 2 emissions were approximately 114,000 kg CO2e, from purchased heat. Scope 3 emissions in 2022 were approximately 332,000 kg CO2e, with business travel representing the largest share at approximately 312,000 kg CO2e. Employee commute contributed approximately 19,000 kg CO2e, while purchased goods and services accounted for approximately 1,000 kg CO2e. Waste generated in operations reported 0 kg CO2e for 2022. Modulight has set a near-term reduction target to reduce energy used for heating by 30% by 2025, relative to a 2023 baseline. This initiative focuses on Scope 2 emissions. The company does not currently have publicly disclosed SBTi (Science Based Targets initiative) reduction targets. Modulight's emissions data is not cascaded from a parent or related organization.