In 2024, JM 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).
JM 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) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 2,072a | 2,753a |
Total Scope 2 | ||
Market-Based | 2,428a | 953a |
Location-Based | N/A | N/A |
Total Scope 3 | 164,983a | 66,399a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.5999a | 1.7392a |
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In 2024, the total operational greenhouse gas (GHG) emissions of JM amounted to 4,500 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of JM increased by 21.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of JM were 2,072 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), JM's Scope 1 emissions decreased by 24.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, JM reported Scope 2 greenhouse gas (GHG) emissions of 2,428 tCO₂e using the market-based method.a
Compared to the previous year (2023), JM's Scope 2 emissions (Market-Based) rose by 154.77% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, JM reported its Scope 2 emissions using the market-based method.a
In 2024, JM reported 164,983 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of JM includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, JM reported total Scope 3 emissions of 164,983 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 70.84% of these emissions originated from upstream activities such as purchased goods and capital goods, while 29.16% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), JM's Scope 3 emissions increased by 148.47%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, JM reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to JM's Scope 3 emissions were:a
In 2024, JM reported Scope 1 greenhouse gas (GHG) emissions of 2,072 tCO₂e and total revenues of USD 1,295 millions. This translates into an emissions intensity of 1.6 tCO₂e per millions USD.a
In 2024, JM reported a Scope 1 emissions intensity of 1.6 tCO₂e per millions USD. Compared to the peer group median of 1.63, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, JM ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
JM is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, JM reported a total carbon footprint of 169,483 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 141.76% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to JM's total carbon footprint was Scope 3 emissions, accounting for 97.34% of the company's total carbon footprint, followed by Scope 2 emissions at 1.43%.a