Company: GIFLF
Filing Date: 2025-04-11
Form Type: 20-F
Source: 0001104659-25-034245
Chunk: 116

Company: Grifols SA
Filing Date: 2025-04-11
Form: 20-F
Item: Item 4
Chunk 116
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 the market, with a special focus on technologies that increase the climate resilience of our facilities.
Our GHG emissions inventory covers all scopes (1, 2, and 3) and categories, following the GHG Protocol and encompassing all company activities:

●   Scope 1 are direct emissions generated by our business activity itself, including by combustion sources. In 2024, our Scope 1 emissions remained stable at 106,289 tCO2e as compared to the 106,459 tCO2e in 2023. In 2023, our Scope 1 emissions increased by 12.0% compared to 2022, reaching 95,242 tCO2e due to an increase in the number of operational days of our cogeneration plant;
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●   Scope 2 are indirect emissions from the generation of purchased energy, mainly electricity consumed by our business. In 2024, our Scope 2 emissions decreased by 25.0% as compared to 2023 (according to the market-based approach), reaching 73,876 tCO2e due to increased use of renewable energy. Applying the location-based methodology and excluding renewable energy efforts, emissions also decreased by 38% in 2024 versus 2023, reaching 84,343 tCO2e, due to a reduction in electricity consumption. In 2023, our Scope 2 emissions decreased by 8.0% (according to the market-based approach) as compared to 2022, reaching 98,106 tons of CO2e, due to an increased use of renewable energy; and
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●   Scope 3 are all other indirect emissions that occur in the value chain of our business both upstream and downstream. Scope 3 includes emissions by suppliers throughout the life cycle of our products or services, business trips, employee travel and commutes, among others. In 2024, our Scope 3 emissions increased by 11.0% as compared to 2023, reaching 1,051,606 tCO2e. In 2023, our Scope 3 emissions decreased by 33.0% compared to 2022, totaling 947,463 tons of CO2e. Goods and services remain responsible for over 50.0% of our Scope 3 emissions, followed by our contracted transportation.
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Since 2019,