Coherent Corp.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2023, 2022, 2021-2022

In its 2024 reporting, Coherent Corp. disclosed greenhouse gas emissions of 49.8K MTCO2e. By scope: Scope 1: 49.8K MTCO2e; Scope 2: 303.8K MTCO2e; Scope 3: 679.3K MTCO2e + other categories. 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
49.8K MTCO2e
2024
⚡
Renewable Energy
67%
of total energy
💧
Water Usage
336.9 thousand cubic meters
2024
⚙️
Energy Use
830.3K MWh
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).49.8K MTCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.303.8K MTCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).679.3K MTCO2e + other categories

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
202449.8K MTCO2e
2023366.9K tCO2e/year (location-based Scope 1 & 2)
2022279.1K tCO2e/year (Scope 1 & 2 market-based)
2021-2022311.1K tCO2e (location-based); 249728 tCO2e (market-based)

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 water intensity by 5% by 2030

📅 Medium-term

  • Achieve 100% renewable electricity companywide by FY2040.
  • Achieve net-zero Scope 1 and Scope 2 emissions from our internal operations by FY2040.

🔭 Long-term

  • Achieve net-zero Scope 1 and Scope 2 emissions from our internal operations by FY2040.

🌱 ESG Focus Areas

Our ProductsSustainable ProcurementEnvironmentPeopleGovernance

⚠️ Challenges & Risks +

  • Future growth and acquisitions may increase our emissions at times, temporarily exceeding our efforts to reduce them.
  • Adapting to evolving net-zero standards, regulatory changes, and renewable energy market dynamics.
  • Scope 3 emissions comprise a significantly larger component of our overall emissions than Scope 1 and Scope 2 emissions – and are much more complex to address.

📋 Report Information

Reporting Period: 2024
Frameworks: SASB, TCFD, UN SDGs