- Supply chain disruptions
- Inflationary pressures
- Customer destocking
- Cybersecurity threats
- Maintaining high safety standards in newly acquired Murat Ticaret operations
- Reducing scope 3 emissions
- Sourcing energy responsibly
- Scaling up on-site solar power generation
- Reducing reliance on backup diesel generators
Volex plc
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Volex plc disclosed greenhouse gas emissions of 23.1K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 1.8K tCO2e/year; Scope 2: 21.3K tCO2e/year; Scope 3: 2.2K tCO2e/year (partial). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
23.1K tCO2e/year (Scope 1 & 2)
2024
Water Usage
210.3K metric tonnes/year
2024
Waste
6.0K tons/year
2024
Energy Use
49.3M kWh/year
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 21.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.2K tCO2e/year (partial) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 23.1K tCO2e/year (Scope 1 & 2) |
| 2023 | 21.8K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 28% reduction in carbon intensity since FY2019
- 8.4% reduction in carbon intensity in FY2024
- 172% increase in renewable energy use compared to FY2023
- 153 tCO2e emissions avoided through on-site solar generation in FY2024
- 13% improvement in water use intensity
- 82% recycling rate (all 28 factories)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Decouple business growth from emissions growth
📅 Medium-term
- Net zero scope 1 and 2 emissions by 2035
🔭 Long-term
- Net zero scope 1, 2, and 3 emissions by 2050
🌱 ESG Focus Areas
Climate ChangeHealth and SafetyWater UseWaste ManagementDiversity & InclusionSupply Chain SustainabilityHuman RightsResponsible ProcurementLabor Standards