- Short-term demand fluctuations due to supply chain disruptions (Boeing issues, industrial action).
- Inflationary pressures affecting short-term margins.
- Delays to planned production rate increases across the global aerospace industry.
Velocity Composites plc
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Velocity Composites plc disclosed greenhouse gas emissions of 371.22 tonnes CO2e. By scope: Scope 1: 24.09 tonnes CO2e; Scope 2: 347.13 tonnes CO2e. 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
371.22 tonnes CO2e
2024
Energy Use
1.8M kWh
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). | 24.09 tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 347.13 tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Customers reduced material waste by up to 20 percent through Velocity's processes and technology.
- Raw material operational waste across all programs is a fraction of one percent.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net zero emissions by 2050 (industry target)
🌱 ESG Focus Areas
EnvironmentalSocialGovernance