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MARA Holdings Inc

Common Name
MARA Holdings
Country
United States
Sector
Financial Services
Industry
Capital Markets
Employees
266
Ticker
MARA
Exchange
NASDAQ CAPITAL MARKET
Description
MARA Holdings Inc. is a digital asset technology company focused on the Bitcoin ecosystem and energy infrastructure. It engages in mining cryptocurrencies, primarily Bitcoin, by owning and operating s...

MARA Holdings's GHG Emissions Data Preview

In 2023, MARA Holdings 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).

MARA Holdings has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023
Total Scope 1
0a
Total Scope 2
Market-Based
914,393a
Location-Based
1,294,321a
Total Scope 3
1,750,158a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0a
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Verified Sources Behind MARA Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. MARA Holdings's ESG Report 2023

Insights into MARA Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MARA Holdings amounted to 1,294,321 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

MARA Holdings's Scope 1 Emissions Over Time

202301234tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are MARA Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MARA Holdings were 0 metric tons of CO₂ equivalent (tCO₂e).a

What are MARA Holdings's Scope 2 emissions?

In 2023, MARA Holdings reported Scope 2 greenhouse gas (GHG) emissions of 914,393 tCO₂e using the market-based method and 1,294,321 tCO₂e using the location-based method.a

What methodology does MARA Holdings use for Scope 2 reporting?

In 2023, MARA Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a

MARA Holdings's Scope 2 Emissions Over Time

20230350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into MARA Holdings's Value Chain Emissions

In 2023, MARA Holdings reported 1,750,158 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 MARA Holdings includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chaina

MARA Holdings's Scope 3 Emissions Over Time

20230450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are MARA Holdings's Scope 3 emissions?

In 2023, MARA Holdings reported total Scope 3 emissions of 1,750,158 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does MARA Holdings disclose?

In 2023, MARA Holdings reported emissions for 6 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.

What are the main sources of MARA Holdings's Scope 3 emissions?

In 2023, the largest contributors to MARA Holdings's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 884,690 tCO₂e (50.55%)
  • Capital Goods (Cat. 2): 438,317 tCO₂e (25.04%)
  • Fuel- and Energy-Related Services (Cat. 3): 425,598 tCO₂e (24.32%)

MARA Holdings's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(24.3%)Purchased Goods andServices (Cat. 1)(50.5%)Capital Goods(Cat. 2)(25.0%)

Insights into MARA Holdings's Total Carbon Footprint

In 2023, MARA Holdings reported a total carbon footprint of 3,044,479 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions.a

The largest contributor to MARA Holdings's total carbon footprint was Scope 3 emissions, accounting for 57.49% of the company's total carbon footprint, followed by Scope 2 emissions at 42.51%.a

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