INNOVATION CT Automotive Group plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, INNOVATION CT Automotive Group plc disclosed greenhouse gas emissions of 19.0K tCO2e (Scope 123 combined). By scope: Scope 1: 6.1K tCO2e; Scope 2: 1.3K tCO2e; Scope 3: 8.8K tCO2e. 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
19.0K tCO2e (Scope 123 combined)
2023
💧
Water Usage
101.1K kilolitres
2023
♻️
Waste
632 tons
2023
⚙️
Energy Use
20.5M kWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).6.1K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.3K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).8.8K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202319.0K tCO2e (Scope 123 combined)
20218.9K tonnes CO2e/year (2021)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce waste production by 5% by 2024
  • Reduce water usage by 5% by 2024
  • Increase investment in carbon offsets by 20% by 2024
  • Achieve ISO 45001 certification for China and Mexico facilities in 2024

📅 Medium-term

  • Mexico plant to reach 100% capacity by 2025

🔭 Long-term

  • Assessing feasibility of investing in solar energy sources

🌱 ESG Focus Areas

Environmental ImpactEmployee Well-beingHuman RightsCommunity InvestmentSupplier Sustainability

⚠️ Challenges & Risks +

  • Geopolitical environment – manufacturing concentration in China
  • Geopolitical environment – logistics disruptions
  • Cyclical nature of the automotive industry
  • Loss of major customer/customer concentration
  • Security of supply
  • Regulatory, legal and tax environment of global operations
  • Product quality
  • Retention of staff
  • Cyber security and managing technology change
  • Health and safety

📋 Report Information

Reporting Period: 2023
Frameworks: UN Global Compact, GRI, SASB, SECR
Assurance: EcoVadis