Sustainability at Checon
Checon Growth and Sustainability Summary (2022-2025)
Growth Through Strategic Acquisition & Organic Market Expansion
Checon has grown significantly following its sale to Alloy Holdings, LLC at the end of 2021 and a strategic acquisition in Q4 2023. Facility expansions, enhanced operational activities, and improvements in infrastructure, systems, and support programs further amplified these changes.
Checon Sustainability GHG Intensity & Reduction Targets:
Original Baseline Year: 2019
Scope 1: 301.00 Metric Tons
Scope 2: 1,827.00 Metric Tons
GHG Intensity: 0.0000642861
Original Annual Commitment Targets:
2023: 0.0000500926 | 22% Reduction
2024: 0.0000308845 | 52% Reduction
2025: 0.0000247414 | 62% Reduction
2023 Checon GHG Performance
Scope 1: 237.10 Metric Tons
Scope 2: 1,857.00 Metric Tons
GHG Intensity: 0.0000394808
2019 Baseline Reduction: 39%
Notes: Checon exceeded its 2023 GHG intensity reduction target by achieving a 39% decrease. However, after adding two newly acquired U.S. manufacturing operations, the reduction was adjusted to 2%, highlighting the effectiveness of Checon’s sustainability initiatives and the challenges associated with incorporating new facilities ahead of the original 2024 schedule.
2024 Checon GHG Performance
Scope 1: 406 Metric Tons
Scope 2: 1,447 Metric Tons (Market-Based)
GHG Intensity: 0.00001509
2019 Baseline Reduction: 77%
Notes: With increased production volume and the consolidation of three operating facilities into two, Checon successfully outpaced its original 52% reduction target.
2025 Checon GHG Performance Update
Scope 1: 372 Metric Tons
Scope 2: 1,501 Metric Tons (Market-Based)
GHG Intensity: 0.00001343
2019 Baseline Reduction: 79%
Notes: Because Checon exceeded its original 62% reduction target for 2025, the baseline year was adjusted from 2019 to 2024, and a new reduction target was established for 2030.
NEWLY Established Commitment Target:
Checon is determined to reduce its carbon footprint as business grows.
Our New Mission (Moving the Needle)
2030: 0.0000075485 | 50% Reduction (2024 Baseline)
2025 Checon GHG Performance Update
Scope 1: 372 Metric Tons
Scope 2: 1,501 Metric ons (Market-Based)
GHG Intensity: 0.00001343
2024 Baseline Reduction: 11%
Key Insights into Checon’s Strategic Growth and Improved Environmental Impact
In 2023 and 2024, Checon expanded through strategic acquisition and market share in key industrial control, power distribution, and energy sectors. The company achieved significant GHG reductions through:
Manufacturing and process efficiency, with continuous improvements and the integration of new facilities and processes to enhance GHG reduction.
Strengthened renewable energy partnerships, with key energy providers to support emission reduction goals.
Digital efficiency and green market opportunities, by leveraging product and system solutions with lower environmental impact.
Looking Ahead with Checon in Electrical Contacts, Bus Bar Components, and Performance Materials
Checon’s long-term sustainability plans extend beyond direct emissions reductions to encompass positive impacts on its broader supply chain programs, ensuring the resilience and efficiency of Checon’s processes.
