- Addressing Scope 3 emissions, particularly purchased goods and services (99.2% of Scope 3 emissions).
- Managing risks related to climate change, including emerging carbon pricing mechanisms, changing customer behavior, extreme weather events, and increased raw material costs.
Iochpe-Maxion S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Iochpe-Maxion S.A. disclosed greenhouse gas emissions of 289.1K tCO2e/year (Scope 1 & 2 Market-Based). By scope: Scope 1: 174.5K tCO2e/year; Scope 2: 114.6K tCO2e/year (Market-Based); Scope 3: 3.6M tCO2e/year. 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
289.1K tCO2e/year (Scope 1 & 2 Market-Based)
2023
Renewable Energy
24.5% of total energy use
of total energy
Water Usage
864.5 ML/year
2023
Waste
28.3K tons/year
2023
Energy Use
5.9M GJ/year
2023
📊 Emissions by Scope (2023)
| 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). | 174.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 114.6K tCO2e/year (Market-Based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 3.6M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced combined Scope 1 and 2 greenhouse gas absolute emissions by 14.4% and relative emissions by 13.2% compared to 2022.
- Reached 2025 Roadmap Zero GHG emissions intensity reduction goal of 30% early with a 2023 reduction of 13.2%.
- Reduced water consumption intensity by 27.68% when compared to 2020.
- Achieved a 6.4% reduction in Scope 1 emissions compared to the base year of 2019.
- Decreased Scope 2 emissions by 56.7% compared to 2019 and 31.2% compared to 2022.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions by 30% by 2025 (already achieved).
📅 Medium-term
- Increase renewable electricity use to 90% by 2030.
- Reduce CO2 emissions by 70% by 2030.
🔭 Long-term
- Achieve carbon neutrality by 2040.
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionCorporate GovernanceSupply Chain ManagementSocial Impact