EnerSys Publishes 2022 Value Chain (Scope 3) Greenhouse Gas Emissions Data

EnerSys (NYSE: ENS), the global leader in stored energy solutions, is proud to announce the first-ever publication of its 2022 value chain (Scope 3) greenhouse gas emissions data as part of its ongoing sustainability initiatives. This disclosure builds upon the company’s previous announcement to achieve Scope 1 and Scope 2 neutrality by 2040 and 2050 respectively, and reinforces the company’s dedication to environmental stewardship and role as a global corporate citizen.

By actively monitoring and tracking Scope 3 emissions, EnerSys aims to enhance its understanding of its emissions profile across its entire value chain. In 2022, which will serve as the company’s baseline year, EnerSys recorded approximately 714,000 metric tons of CO2e of Scope 3 emissions, which account for over 70% of the company’s total emissions (Scope 1 ≈ 5% and Scope 2 ≈ 23%). With Scopes 1 and 2 accounting for over a quarter of the company’s total emissions, EnerSys has a unique opportunity to refine strategies to significantly reduce its emissions and overall climate impact.

The Scope 3 data was collected and calculated in compliance with Greenhouse Gas Protocol and ISO 14064-1 standards and spend-based, distance-based, and estimated calculations were completed using emissions factors provided by the U.S. Environmental Protection Agency, the U.S. Energy Information Administration, and the U.K. Department of Environment, Food, and Rural Affairs. The data used for these calculations is subject to revision as primary data availability improves over the coming years.

“Value chain emissions disclosure is another milestone of our commitment to enhancing our operations to foster long-term sustainability,” said EnerSys President and CEO David M. Shaffer. “The insight we gain from monitoring indirect upstream and downstream emissions provides us with a more detailed understanding of environmental risks and opportunities for innovation within our supply chain and a chance to further enhance how we help our customers reduce their footprint as well. We are excited about the progress we are making on our sustainability journey and the value it can create for all of our stakeholders.”