A2 Milk Company Ltd

Common Name
A2 Milk
Country
New Zealand
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
488
Ticker
ATM
Exchange
NZX
Description
The A2 Milk Company Limited specializes in producing, marketing, and selling dairy products that are free of the A1 beta-casein protein, catering to consumers sensitive to such proteins. The company's...

A2 Milk's GHG Emissions Data Preview

In 2024, A2 Milk completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

A2 Milk has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into A2 Milk's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of A2 Milk amounted to 17,919 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of A2 Milk decreased by 35.31%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

A2 Milk's Scope 1 Emissions Over Time

202120222023202408 k16 k24 k32 ktCO2e-24%+6%-45%
  • Total Scope 1
  • Year-over-Year Change

What are A2 Milk's Scope 1 emissions?

In 2024, the total Scope 1 emissions of A2 Milk were 13,412 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has A2 Milk reduced its Scope 1 emissions over time?

Since 2021, A2 Milk's Scope 1 emissions have decreased by 55.51%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), A2 Milk's Scope 1 emissions decreased by 44.9%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are A2 Milk's Scope 2 emissions?

In 2024, A2 Milk reported Scope 2 greenhouse gas (GHG) emissions of 149 tCOâ‚‚e using the market-based method and 4,507 tCOâ‚‚e using the location-based method.

Has A2 Milk reduced its Scope 2 emissions over time?

Since 2021, A2 Milk's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 31.55%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), A2 Milk's Scope 2 emissions (Location-Based) rose by 34.3% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does A2 Milk use for Scope 2 reporting?

In 2024, A2 Milk reported its Scope 2 emissions using the market-based method and using the location-based method.

A2 Milk's Scope 2 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into A2 Milk's Value Chain Emissions

In 2024, A2 Milk reported 440,282 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of A2 Milk includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

A2 Milk's Scope 3 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e+7%-3%-8%
  • Total Scope 3
  • Year-over-Year Change

What are A2 Milk's Scope 3 emissions?

In 2024, A2 Milk reported total Scope 3 emissions of 440,282 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.64% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.36% came from downstream activities like product use, distribution, and end-of-life treatment.

Has A2 Milk reduced its Scope 3 emissions over time?

Since 2021, A2 Milk's Scope 3 emissions have remained relatively stable, indicating that A2 Milk 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2023), A2 Milk's Scope 3 emissions remained relatively stable, indicating that A2 Milk 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does A2 Milk disclose?

In 2024, A2 Milk reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of A2 Milk's Scope 3 emissions?

In 2024, the largest contributors to A2 Milk's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 378,693 tCOâ‚‚e (85.99%)
  • Upstream Transportation and Distribution (Cat. 4): 55,862 tCOâ‚‚e (12.68%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,642 tCOâ‚‚e (0.37%)

A2 Milk's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(86.0%)UpstreamTransportation andDistribution(Cat. 4)(12.7%)

Insights into A2 Milk's Total Carbon Footprint

In 2024, A2 Milk reported a total carbon footprint of 458,201 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.09% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to A2 Milk's total carbon footprint was Scope 3 emissions, accounting for 96.09% of the company's total carbon footprint, followed by Scope 1 emissions at 2.93%.

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