In 2024, Major Cineplex Group 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).
Major Cineplex Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 433a | 18.22b | 17.49b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 10,250a | 17,034b | 15,044.44b | |
Total Scope 3 | 7,889a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.9143a | 0.0734b | 0.0948b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Major Cineplex Group amounted to 10,683 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 Major Cineplex Group decreased by 37.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Major Cineplex Group were 433 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Major Cineplex Group's Scope 1 emissions have increased by 1,882.6%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Major Cineplex Group's Scope 1 emissions increased by 2,276.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Major Cineplex Group reported Scope 2 greenhouse gas (GHG) emissions of 10,250 tCO₂e without specifying the calculation method.a
Since 2020, Major Cineplex Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 45.6%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Major Cineplex Group's Scope 2 emissions (Unspecified Calculation Method) fell by 39.83% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Major Cineplex Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Major Cineplex Group reported 7,889 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 Major Cineplex Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Major Cineplex Group reported total Scope 3 emissions of 7,889 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 26.43% of these emissions originated from upstream activities such as purchased goods and capital goods, while 73.57% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Major Cineplex Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Major Cineplex Group's Scope 3 emissions were:a
In 2024, Major Cineplex Group reported Scope 1 greenhouse gas (GHG) emissions of 433 tCO₂e and total revenues of USD 226 millions. This translates into an emissions intensity of 1.91 tCO₂e per millions USD.a
In 2024, Major Cineplex Group reported a Scope 1 emissions intensity of 1.91 tCO₂e per millions USD. Compared to the peer group median of 1.29, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Major Cineplex Group ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Major Cineplex Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Major Cineplex Group reported a total carbon footprint of 18,572 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.91% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Major Cineplex Group's total carbon footprint was Scope 2 emissions, accounting for 55.19% of the company's total carbon footprint, followed by Scope 3 emissions at 42.48%.a