PHINIA
PHINIA Inc., headquartered in the United States, is a leading player in the industrial technology sector, specialising in advanced materials and innovative solutions. Founded in 2022, the company has quickly established itself as a key provider of high-performance products for various industries, including automotive, aerospace, and energy. With a focus on sustainability and efficiency, PHINIA offers a range of core services, including material development and engineering solutions that stand out for their quality and reliability. The company’s commitment to research and development has led to significant advancements in its product offerings, positioning it as a trusted partner in the market. PHINIA's strategic operations extend across major regions in North America and beyond, reflecting its ambition to drive innovation and excellence in the industrial landscape.
DitchCarbon Score
How does PHINIA's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
PHINIA's score of 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PHINIA's reported carbon emissions
In 2023, PHINIA reported total carbon emissions of approximately 81,798,000 kg CO2e, comprising 8,952,000 kg CO2e from Scope 1 and 72,846,000 kg CO2e from Scope 2 emissions. This marks a decrease from 2022, where total emissions were about 90,761,000 kg CO2e, with Scope 1 at 9,738,000 kg CO2e and Scope 2 at 81,023,000 kg CO2e. Over the past few years, PHINIA has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has consistently reported emissions data for Scope 1 and Scope 2, but has not provided information on Scope 3 emissions. PHINIA's GHG intensity has shown a downward trend, with emissions per million dollars in revenue decreasing from 0.029 metric tons CO2e in 2021 to 0.023 metric tons CO2e in 2023. This indicates a growing efficiency in their operations relative to revenue generation. As a company headquartered in the US, PHINIA is positioned within an industry increasingly focused on sustainability and climate commitments, aligning with global efforts to mitigate climate change impacts.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 7,372,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 105,812,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
PHINIA is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
