Maple Leaf Foods Inc

Common Name
Maple Leaf Foods
Country
Canada
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
13,500
Ticker
MFI
Exchange
TORONTO STOCK EXCHANGE
Description
Maple Leaf Foods Inc. is a leading Canadian consumer packaged meats company. Its primary focus is on the development, production, and distribution of prepared meats and poultry products, serving both ...

Maple Leaf Foods's GHG Emissions Data Preview

In 2023, Maple Leaf Foods 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).

Maple Leaf Foods has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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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Verified Sources Behind Maple Leaf Foods’s Greenhouse Gas (GHG) Emissions Data

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a. Maple Leaf Foods's Integrated Report 2023
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Insights into Maple Leaf Foods's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Maple Leaf Foods amounted to 295,882 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 2018, the total operational greenhouse gas (GHG) emissions of Maple Leaf Foods increased by 3.85%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Maple Leaf Foods's Scope 1 Emissions Over Time

20182023070 k140 k210 k280 ktCO2e+3%
  • Total Scope 1
  • Year-over-Year Change

What are Maple Leaf Foods's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Maple Leaf Foods were 263,057 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2018), Maple Leaf Foods's Scope 1 emissions increased by 3.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Maple Leaf Foods's Scope 2 emissions?

In 2023, Maple Leaf Foods reported Scope 2 greenhouse gas (GHG) emissions of 9,898 tCO₂e using the market-based method and 32,825 tCO₂e using the location-based method. a

Has Maple Leaf Foods reduced its Scope 2 emissions over time?

Compared to the previous year (2018), Maple Leaf Foods's Scope 2 emissions (Location-Based) rose by 10.88% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Maple Leaf Foods use for Scope 2 reporting?

In 2023, Maple Leaf Foods reported its Scope 2 emissions using the market-based method and using the location-based method. a

Maple Leaf Foods's Scope 2 Emissions Over Time

2018202308.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Maple Leaf Foods's Value Chain Emissions

In 2023, Maple Leaf Foods reported 2,314,289 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 2023 disclosure of Maple Leaf Foods includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2018, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Maple Leaf Foods's Scope 3 Emissions Over Time

201820230700 k1.4 M2.1 M2.8 MtCO2e-13%
  • Total Scope 3
  • Year-over-Year Change

What are Maple Leaf Foods's Scope 3 emissions?

In 2023, Maple Leaf Foods reported total Scope 3 emissions of 2,314,289 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.01% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2018), Maple Leaf Foods's Scope 3 emissions decreased by 12.65%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Maple Leaf Foods disclose?

In 2023, Maple Leaf Foods reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Maple Leaf Foods's Scope 3 emissions?

In 2023, the largest contributors to Maple Leaf Foods's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 2,044,994 tCO₂e (88.36%)
  • Downstream Transportation and Distribution (Cat. 9): 115,144 tCO₂e (4.98%)
  • Waste Generated in Operations (Cat. 5): 59,299 tCO₂e (2.56%)

Maple Leaf Foods's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(88.4%)DownstreamTransportation andDistribution(Cat. 9)(5.0%)Waste Generated inOperations (Cat. 5)(2.6%)

Insights into Maple Leaf Foods's Total Carbon Footprint

In 2023, Maple Leaf Foods reported a total carbon footprint of 2,610,171 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.05% decrease compared to 2018, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Maple Leaf Foods's total carbon footprint was Scope 3 emissions, accounting for 88.66% of the company's total carbon footprint, followed by Scope 1 emissions at 10.08%. a

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