- Supply chain disruptions due to extreme weather events.
- Potential increase in cost of operations due to higher carbon prices and stricter environmental standards.
- Potential shifts in demand and supply of raw materials.
- Reputational risks associated with the use of plastic.
- Downstream manufacturing processes present safety challenges.
Advanced Drainage Systems, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023-04-01 to 2024-03-31 reporting, Advanced Drainage Systems, Inc. disclosed greenhouse gas emissions of 297.7K tCO2e (Market Based) / 295130 tCO2e (Location Based). By scope: Scope 1: 140.4K tCO2e; Scope 2: 157.3K tCO2e (Market Based) / 154719 tCO2e (Location Based); Scope 3: 795.4K 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.
📊 Emissions by Scope (2023-04-01 to 2024-03-31)
| 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). | 140.4K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 157.3K tCO2e (Market Based) / 154719 tCO2e (Location Based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 795.4K 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 period | Headline emissions figure reported |
|---|---|
| 2023-04-01 to 2024-03-31 | 297.7K tCO2e (Market Based) / 295130 tCO2e (Location Based) |
| 2021 | 227.6K tCO2e/year |
| 2020 | 218.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Scope 1 GHG emissions decreased 4.6% in Fiscal 2024, primarily due to the reduction in fuel consumption by the ADS fleet.
- Scope 2 GHG emissions decreased 4.6% (Market Based) and 4.1% (Location Based), primarily due to the decrease in manufacturing volume.
- Purchased 540 million pounds of recycled plastic for use in products in Fiscal 2024.
- 62% of waste was diverted from landfills through internal recycling programs or external partnerships in Fiscal 2024.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce absolute GHG emissions through science-based targets in line with limiting global temperature risk to 1.5°C (targets under review by SBTi).
🔭 Long-term
- Utilize 1 billion pounds of recycled materials annually by 2032.
- Reduce TRIR to below 1.0 by Fiscal 2032.